As bank gears up for competition, it may further dilute environmental safeguard policies WITH financial institutions of emerging economies like India and China getting big time into development lending, the World Bank plans reforms to attract its borrowing countries. Some of the important plans are to disburse loans faster and on flexible terms. Bank watchers and civil society groups say the reforms, expected to be in force by the year-end, would...
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Will convey your views to government, Sonia tells Hazare
-The Hindu Team Anna on Saturday concluded its programme of contacting political parties with a call on Congress president Sonia Gandhi ahead of Sunday's all-party meeting on the Lokpal Bill. Ms. Gandhi assured social activist Anna Hazare that she would convey his views to the government, according to Congress general secretary Janardhan Dwivedi, who was present at the meeting. Finance Minister Pranab Mukherjee, who headed the joint panel on the Lokpal...
More »Land acquisition, FDI in retail, insurance top PM's reform agenda
-The Times of India Prime Minister Manmohan Singh on Wednesday flagged amendments to land acquisition law, allowing more foreign investment in retail trading and insurance and introduction of good and services tax (GST) as the key reforms agenda of the government. "I think the first thing is to sustain the momentum of growth that we have built," PM said during a meeting with a group of editors. But a key...
More »Neoliberal Act by Anil Sadgopal
The Right to Education Act, which lacks a transformational vision, is geared to preparing foot soldiers for the global market. THE most encouraging and delightful news regarding school education in India since the pro-market reforms began in 1991 came from Erode district in Tamil Nadu recently. To be sure, it is neither about the World Bank-sponsored District Primary Education Programme (DPEP) of the 1990s nor about the internationally funded and...
More »Don't treat Team Anna draft as dissent note: Shanti Bhushan by K Balchand
The co-chairperson of the Joint Drafting Committee on the Lokpal Bill, Shanti Bhushan, has urged Union Finance Minister and chairman of the Lokpal panel Pranab Mukherjee to treat the two drafts as the outcome of the joint committee and not to treat the Team Anna draft as a “dissent note.” In a letter to Mr. Mukherjee, Mr. Bhushan took exception to Union Law Minister Veerappa Moily's statement calling the government draft...
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