-The Pioneer Minister misused Corporate slot to raise funds for family Trust Union Petroleum Minister M Veerappa Moily could be in the dock for raising funds for his family controlled trust from a corporate giant when he was Corporate Affairs Minister. Moily faces another serious case of conflict of interest as a top official of Reliance Industries is advisor to a company controlled by Moily’s son Harsha Moily. Even earlier, the Minister...
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Private banks reluctant about rural lending -Dinesh Unnikrishnan
-Live Mint Experts say private banks achieve lending obligations by buying out loans from non-banking entities Most private banks in India have not been able to meet the needs of farmers although they are expanding their rural and semi-urban branch network. This is why the Reserve Bank of India (RBI) is insisting that at least one-fourth of the branches of the new banks that will be given a licence must be located...
More »Small Children, Big Dreams-Mathangi Subramanian
-The Hindu In a small town in Karnataka, government-school students are working to ensure that their schools meet the infrastructure norms of the RTE Act. Can this model be replicated elsewhere in the country? Kishore Mahadevaiah, a Std VII student, is describing his ideal school. “The school should be very clean and neat. In every class, there should be teaching and learning materials and sports materials and qualified teachers. And there should...
More »Governance 2.0 -Smita Gupta
-The Hindu There is no Lokpal yet, but the Centre’s Grievance Redressal Bill promises to cut through bureaucracy and corruption that plague government services. The citizen is hoping for a repeat of the RTI Act story. A year after the UPA came to power in 2004, it brought the Right to Information Act, ushering in a revolution: citizens, for the first time, could access information under the control of public authorities, whether...
More »Ajay Chhibber, Regional Director of the UNDP interviewed by Arlene Chang
-First Post In an interview with Firstpost, Ajay Chhibber, Regional Director of the UNDP, tells us why India ranks low on the Human Development Index, below China, Sri Lanka and Iran, what we need to do to improve our standing and why welfare schemes are not to be blamed for poor growth or inflation. Excerpts from the interview: * Why does India lag other BRIC countries in the HDI ratings? Compared to the other...
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