LUCKNOW: In a significant order passed by the Central Information Commission, inspection reports of banks can be disclosed under the RTIAct. And, the Reserve Bank of India cannot deny disclosing the report stating that it can have ill-effects on the economy. The CIC's order came in a case pertaining to Kanpur-based United Mercantile Cooperative Bank Ltd. in its order, the CIC stated that the Reserve Bank of India (RBI) should disclose...
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The right to work-Ruhi Tewari
Difficult times call for difficult measures. Pushed into a corner by an unsustainable fiscal deficit and various sectors and programs (including the proposed food security legislation) screaming for a greater share of the budget pie, the Congress-led United Progressive Alliance (UPA) government in India has been forced to do what it might not have otherwise—reduce its marquee job guarantee scheme’s allocation in a big way for the first time. In one...
More »NREGA: Wages are often denied or delayed, with corruption rife-Inayat Sabhikhi
-The Economic Times Shibu Joseph ( Why I am Quitting my Job, ET, March 29) suggests, tongue-in-cheek, that he should quit the drudgery of corporate life and, instead, enjoy the "freebies" given to the aam aadmi, like the right to work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). I am not going to write on behalf of the crores of people who work in this programme, because I am...
More »Bihar paradox: Phones outnumber toilets
-IANS Nearly 56 percent of families in Bihar have a mobile or landline connection, but about 77 percent of the population lack toilets, says a census report, highlighting the paradoxes in the state which has taken big leaps in development but also lagged behind in key areas. "Till 2001, only 2.2 percent families were using any kind of telecom facility in Bihar, now over half of its population owns a phone, as...
More »Pull up socks on NREGA, Jairam tells Karnataka
-The Times of India Karnataka, reeling under severe drought, has received a body blow: the Centre has withheld its next instalment of grant to a rural job scheme citing five shortcomings in its implementation in the state. "The release of the next instalment of the central share (for the Mahatma Gandhi National Rural Employment Guarantee Scheme) to the state depends very crucially on how it is able to spend the funds...
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