-Frontline How far will the proposed women's bank help marginalised sections when women's SHGs get little support and find it hard even to open accounts in public sector banks? WHILE the recent announcement of a women's bank in the Union Budget has been touted as a progressive measure for the financial inclusion of women, no concrete measures have been forthcoming to make all existing public sector banks sensitive to the needs...
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Speedy generation of Aadhaar needed to roll out cash benefit transfers before 2014
-The Economic Times The government wants to roll out cash benefit transfers throughout the country before the end of its term in 2014. It is a laudable goal, but will require speedy generation of Aadhaar, the unique identification number, and of Aadhaar-linked bank accounts. About 40% of Indians have no access to formal financial services. So, the government wants to step up efforts to open a bank account for every beneficiary and...
More »HC Allows Media to Cover Delhi Gang-Rape Trial
-Outlook The Delhi High Court today allowed media to cover the day-to-day proceedings of the trial in the December 16 gang- rape case which was being heard behind closed doors till date. Setting aside the order passed by the Additional Sessions Judge, heading the fast track court, on January 22 restraining media from covering the trial, Justice Rajiv Shakdher said, "The (trial) court will allow access to one representative journalist of each...
More »European Union-India FTA may hit generic medical industry-Rema Nagarajan
-The Times of India The free trade agreement that European Union is pushing India to sign could put an end to India's status as the pharmacy of the developing providing affordable medicines, especially HIV drugs to countries like Brazil, Thailand, South Africa, Zimbabwe and several others. The negotiations with EU are on at a feverish pace this week in Brussels even before the parliamentary standing committee looking into the free trade...
More »Singapore stands tall against US in balancing growth with social and economic equity -Joseph Stiglitz
-The New York Times Inequality has been rising in most countries around the world, but it has played out in different ways across countries and regions. The US, it is increasingly recognised, has the sad distinction of being the most unequal advanced country. Singapore, meanwhile, has had the distinction of having prioritised social and economic equity while achieving very high rates of growth over the past 30 years: an example par excellence...
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