-Live Mint Electoral reforms are not the forte of law ministers. But they can avoid damaging a battered system The resignation of Ashwani Kumar as law minister has brought cheer to a group of people who do not have much to do, at least directly, with the coal block allocation controversy. These are people working on electoral reforms. This is because ever since becoming law minister, Kumar had been consistent in his...
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Bangladesh textile factories shut amid unrest
-BBC Many Bangladeshi textile factories near the capital, Dhaka, have shut because of unrest sparked by the collapse of a factory building last month, the country's textile association has said. Owners made the decision on safety grounds after many workers went on a rampage, the group's president said. Retailers in Europe meanwhile said they would sign an accord to improve safety conditions in factories in Bangladesh. At least 1,127 people were killed when the...
More »Age of graft -CP Chandrasekhar
-Frontline Corruption tends to be greater in periods when there is a state-engineered redistribution of wealth in favour of a few at the explicit or implicit expense of the many. Liberalisation is one such period. IT cannot be verified and may not be true. But, the view that the record of graft and corruption during the two-term, nine-year rule of the United Progressive Alliance (UPA) is the worst in India's post-Independence...
More »Banks suppressing alerts on suspect dealings: RBI probe-Josy Joseph
-The Times of India NEW DELHI: An investigation by the Reserve Bank of India (RBI) into allegations of money laundering by private banks has found large-scale violations ranging from huge cash deposits without PAN to dummy numbers. The probe report, a copy of which is available with TOI, shows that three private players - HDFC Bank, ICICI Bank and Axis Bank - had also hugely suppressed alerts generated by their system on...
More »Private schools use loopholes to wriggle out of RTE norms -Ardhra Nair
-The Indian Express The Right to Education (RTE) Act to ensure students from economically weaker sections (EWS) get 25 per cent reservation in admissions has left much to be desired at the ground level as far as execution is concerned. Education officials have pointed out some loopholes that enable private schools to take it easy. As per the latest GR, flying squads have to be formed in every district to ensure schools comply...
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