-The Indian Express An accountability framework is critical for flagship schemes In his budget speech, the finance minister gave the assurance that all flagship programmes of the government would be adequately funded. The government pours substantial funds into 70 Centrally sponsored schemes. In 2011-12, an amount of Rs 1,88,573 crore was allocated for the implementation of 13 development programmes, such as the MGNREGA, PMGSY, NRHM and JNNURM, under the auspices of nine...
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Private banks reluctant about rural lending -Dinesh Unnikrishnan
-Live Mint Experts say private banks achieve lending obligations by buying out loans from non-banking entities Most private banks in India have not been able to meet the needs of farmers although they are expanding their rural and semi-urban branch network. This is why the Reserve Bank of India (RBI) is insisting that at least one-fourth of the branches of the new banks that will be given a licence must be located...
More »Ajay Chhibber, Regional Director of the UNDP interviewed by Arlene Chang
-First Post In an interview with Firstpost, Ajay Chhibber, Regional Director of the UNDP, tells us why India ranks low on the Human Development Index, below China, Sri Lanka and Iran, what we need to do to improve our standing and why welfare schemes are not to be blamed for poor growth or inflation. Excerpts from the interview: * Why does India lag other BRIC countries in the HDI ratings? Compared to the other...
More »A Tale of Two Elections-Prasenjit Bose
-Pragoti The magnificent victory of the CPI(M)-led Left Front in Tripura - winning 50 out of the 60 seats – and the success of the LF candidate in the Nalhati by-election in West Bengal has been interpreted as a “re-emergence” of the Left parties by a senior CPI(M) leader. This does not seem to be a rigorous assessment. While the fifth consecutive win by the LF in Tripura is a matter of...
More »Over 1,000 IAS officers fail to submit property returns
-PTI Over 1,000 IAS officers have failed to submit their immovable property returns (IPRs) to the government within the stipulated time frame this year. Of the total of 1,057 officers who did not submit their IPRs for 2012, a highest of 147 are from Uttar Pradesh cadre, 114 of Arunachal Pradesh-Goa-Mizoram-Union Territories (AGMUT), 100 of Manipur-Tripura, 96 of Jammu and Kashmir and 88 of Madhya Pradesh cadre among others, according to Department...
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