The finance ministry has asked state-run banks to stop making payments to their customers through cheques from July 1 and to "migrate totally" to electronic payment channels, a move aimed at cutting costs in a sluggish economy. In a circular issued to chairmen of public sector banks and regional rural banks, the ministry said all payments to customers, staff, vendors and suppliers as well as disbursement of loans and payments towards...
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Marriages in India: still an unequal law-Lavanya Regunathan Fischer and Devadatt Kamat
Despite recent amendments made to the marriage laws in India, there still remain loopholes which ensure it remains a lopsided bargain for women. Will the recent amendment to the Hindu Marriage Act, 1955, and the Special Marriage Act, 1954, protect women’s rights? Or will an easy divorce without adequate rights in matrimonial property and clear financial safeguards, leave an increasing number of women facing lengthy judicial processes for any tangible maintenance...
More »Leakages to be plugged before food security implemented-Amit Agnihotri
-IANS The government wants to plug leakages in the public distribution system (PDS) before it implements the ambitious National Food Security Bill and has asked states to complete the process of computerisation of data on beneficiaries by October this year. The proposed law, a pet project of United Progressive Alliance chairperson Sonia Gandhi, aims to give legal right to cheaper foodgrain to 63.5 per cent of the population. According to a senior official...
More »States Asked to Lift PDS Foodgrains Needed For 6 Months
-PTI Faced with acute shortage of storage capacity, the Centre today asked states to lift PDS foodgrains needed for at least six months and build intermediate godowns to ease pressure on Food Corporation of India godowns. "We have requested state governments to offtake at least six months of foodgrains needed for PDS. Our storage capacity of FCI is 64 million tonnes and our present stock is about 82-83 million tonnes," Minister of...
More »Rio+20: Earth summit dawns with stormier clouds than in 1992-John Vidal
John Vidal, who was in Rio for the '92 Earth summit, looks back at that momentous event, and how the 2012 version compares Helicopters thundered up and down the chic Copacabana and Ipanema beaches. Tanks guarded the bridges and tunnels. The favelas were in lockdown, schools closed and supermarkets stood empty. Unexpectedly, George H W Bush, the 41st US president, flush with success at the collapse of communism, had arrived in...
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