-Frontline The Land Acquisition Bill runs into a roadblock as political parties fail to reach an agreement on the substantive features of the draft Bill or on the amendments proposed. The efforts of the United Progressive Alliance government to broker a consensus on the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012, which has been pending for over a year, have not paid off not because...
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What Right To Education? Failing to meet the prescribed norms, half of the existing schools will lose their recognition -Arvind Panagariya
-The Times of India The three-year compliance period for the Right to Education (RTE) Act is just over. What has the Act accomplished? Sadly, not very much that is positive. A key provision in the law abolishes board examinations and grants automatic promotion to each child to the next grade at the end of the academic year. It also requires the award of a diploma to all at the end of eight...
More »Despite Maken’s plea, 43 houses pulled down in Mumbai slum
-The Hindu Mumbai: Despite Union Minister of Housing & Urban Poverty Alleviation Ajay Maken's plea to the Maharashtra Chief Minister Prithviraj Chavan for stopping the demolition of the houses of slum-dwellers, 43 houses were pulled down at the Golibar slum here on Wednesday, under the supervision of the Collector's office. The activists of the National Alliance of People's Movement (NAPM) have alleged that Shivalik Ventures, which develops the prime property of...
More »Kisan Credit Cards: Bad loan bubble waiting to burst?-Dinesh Unnikrishnan
-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...
More »Ajay Maken ticks off Chavan, tells him to stop slum demolition
-The Hindu Mumbai: Union Minister for Housing and Urban Poverty Alleviation Ajay Maken on Tuesday wrote to Maharashtra Chief Minister Prithviraj Chavan, asking him to stop demolition of the houses of slum dwellers, after a delegation of the National Alliance of People's Movements headed by Medha Patkar met him in New Delhi. He asked Mr. Chavan to see that the Rajiv Awas Yojana (RAY) was implemented with much more enthusiasm and in...
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