The accumulated interest collected by microfinance institutions (MFIs) on loans shall not exceed the principal amount, according to the much-awaited ordinance promulgated by Governor E.S.L. Narasimhan here on Friday to put a check on their activities. However, the interest rate chargeable by the MFIs finds no mention in the ordinance as the government is of the view that this falls under the purview of the Reserve Bank of India (RBI), according...
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As Games Begin, India Hopes to Save Its Pride by Jim Yardley
When India won its bid for the 2010 Commonwealth Games seven years ago, the event instantly became an emblem of national prestige. But as the country prepares to open the games on Sunday evening, an opportunity to burnish its global image has instead become a national embarrassment. The litany of problems plaguing the games — collapsed footbridges, filthy dorms, cartoonish corruption — have not only made headlines around the world....
More »A good start, but concerns remain by Jagdeep S Chhokar
The first five years in the life of most laws is usually a tumultuous period when it moves towards maturity through its application and implementation, and its limits are tested and defined through judicial interpretation. How has the RTI Act fared, where is it now, and what about the future? Danubhai G. Vasava, a poor tribal from Sangroad in Umarpada block of Gujarat’s Surat district, attended a Right to Information (RTI)...
More »Kejriwal recommends more powers for Gram Sabhas
Prepares a model amendment draft for Goa Panchayati Raj Draft amendments to be debated Clear division of functions, assets proposed Right to Information activist Arvind Kejriwal has suggested a series of powers to strengthen the Gram Sabhas including decision making powers about village affairs and a right to recall Sarpanch for failing to function according to decisions of the Gram Sabha. In a model amendment draft for the Goa Panchayati Raj already put in...
More »Mazdoor Satyagrah demands accountability panel
The on-going Mazdoor Satyagrah has demanded the setting up of a accountability commission in the state. Activists of the Satyagrah will be writing to chief minister Ashok Gehlot asking him to do this. The demand follows alleged measures by the government to penalise MGNREGA workers and its own employees coming late to offices, alleged activists. "It is a follow-up of an exercise we did on Thursday. Having visited various government offices between...
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