-The Telegraph Even reformed capitalism cannot give equal opportunity There is a view that the real problem with capitalism is that there is no equality of opportunity under this system. Your entire life gets determined by which class you happen to get born into. If the effect of this ‘happenstance’ could somehow be eliminated, so that everyone enjoyed equality of opportunity, then even though income and wealth inequalities continued to remain...
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Court upholds Andhra law on microfinance-Viswanath Pilla and Dinesh Unnikrishnan
-Live Mint High court asks state to review law in light of proposed national regulations to govern the sector The Andhra Pradesh high court on Monday upheld a law that led to the near demise of the microfinance industry towards the end of 2010, but asked the state government to review the legislation in the light of proposed national regulations to govern the sector. News of the review sent the stock of the...
More »300 firms under scanner as CBI widens coalgate probe-Sujay Mehdudia
-The Hindu The CBI, expanding its coalgate probe, has launched investigations against 300-odd companies and begun questioning officials of the Steel, Coal and Power departments, the Department of Industrial Policy and Promotion, the Central Mine Planning and Design Institute Limited and the state-run Coal India Limited on allocation of coal blocks between 1993 and 2008. The CBI has laid hands on nearly 700 files from the Coal Ministry, running into 1,60,000 pages,...
More »BPL card more important than brain scan for injured baby
-The Telegraph A baby girl in need of a brain scan has been turned away by every government hospital she has visited in six months because her unemployed single mother doesn't have a BPL card or the money for an MRI. Jhuma Majhi's daughter Brishti, a year and nine months old, was recommended an MRI of the brain last August after falling off a bed and suffering convulsions that have since become...
More »Tribals take out rally crying apathy
-The Times of India Sambalpur: Tribals under the Banner ofzillaadivasikalyansangh demonstrated beforecollectorate in Bargarh on Moday protesting against alleged injustice meted out to them. They criticized the government for neglecting tribal community. They also handed over a memorandum addressed to the CM to district collector BhabagrahiMishra. He assured to take appropriate steps to provide justice to tribal community. Dressed in traditional costumes and carrying arms, they marched to the collectorate in a...
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