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Government may be forced to keep its reform bills in cold storage

-The Economic Times The government may be forced to trim its legislative agenda - including pushing through long-pending bills on Pensions, insurance and banking - following Congress' debacle in Uttar Pradesh and Punjab assembly elections.  Pension, insurance and banking sector reforms are part of the legislative agenda of the UPA government but BJP leaders told finance minister Pranab Mukherjee at an outreach session that the government should first set its House in...

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Need regulation to make sure that financial inclusion becomes cost-effective by Ashok Khemka

One of the key factors to inclusive growth is financial inclusion for all. Financial inclusion refers to universal access to a wide range of banking solutions and financial services in a fair, predictable and transparent manner at affordable costs. The poor tend to be ignored because the transaction costs in serving them are high. Initiatives that reduce these costs will allow service providers to begin thinking of financial services for...

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The overgrown list by MR Madhavan

Parliament must use budget session to discuss key pending bills The budget session of Parliament begins today. The last few sessions have been characterised by disruptions and consequent loss of productive time. To see one indicator, the 15th Lok Sabha, half-way through its term, has lost 30 per cent of scheduled time — the worst ever. As a result, many important bills have been pending. It is to be seen whether...

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UPA’s elbow room to push crucial reforms may shrink

-The Indian Express The Samajwadi Party’s sweep in India’s biggest state, Uttar Pradesh, and Congress’s defeat in Punjab and Goa will further shrink the elbow room the Congress-led UPA government at the Centre has to push through key initiatives such as foreign direct investment (FDI) in multi-brand retail, Pension reforms and legislation such as the goods and service tax (GST) that require support from states. The Centre had postponed some of these...

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Dwindling Resources Trigger Global Land Rush by Stephen Leahy

A global scramble for land and mineral resources fuelled by billions of investment dollars is threatening the last remaining wilderness and critical ecosystems, destroying communities and contaminating huge volumes of fresh water, warned environmental groups in London Wednesday. No national park, delicate ecosystem or community is off limits in the voracious hunt for valuable metals, minerals and fossil fuels, said the Gaia Foundation’s report, "Opening Pandora's Box". The intensity of the...

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