-WeeklyBlitz.net As India is approaching towards a general election in less than a year, the leader of ruling Indian National Congress has been listed as world's fourth richest politician with a total wealth of over US$ 18 billion, which is invested in real estate, telecommunication and various business projects around the world, while significant portion of the amount is also deposited in secret bank accounts. Italian born Indian politician Sonia Gandhi...
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Bans not the answer
-The Business Standard SC decision to seek views on GM crops welcome The Supreme Court’s decision to seek views of different stakeholders before considering a 10-year moratorium on field trials of genetically modified (GM) crops, as suggested by the technical committee it had appointed, is welcome. The committee’s recommendation had caused widespread disquiet among the scientific community, a section of the seed industry and farmers. If the recommendation was accepted by the...
More »The roots of poverty: Ruinous healthcare costs-Anirudh Krishna
-Live Mint While natural disasters grab our attention, everyday events like illness drag most people into poverty In a small town of Gujarat, I met Chandibai, a woman, about 50 years of age. Fifteen years previously, her husband, Gokalji, had owned a general-purpose shop in the town centre. The family also owned a house and some agricultural land. In 1989, Gokalji developed an illness that confined him to bed, sometimes at home...
More »A price has to be paid, and has to be seen to be paid, if mainstream political parties are to recover ground-Ashok Malik
-Tehelka By brazening it out against graft allegations, our netas are mocking common decencies. IT IS extremely unlikely that India Against Corruption, or the political arm it has promised, will win too many votes or even a single seat in the 2014 Lok Sabha election. It goes without saying though that at the current juncture, it is winning a perception and media battle against the political class. Each time a politician is...
More »‘Poor in India are ethical... we must lend more to the poor’
-ENS Economic Bureau At a time when companies such as Kingfisher Airlines and Suzlon Energy have defaulted on bank loans, finance minister P Chidambaram on Tuesday made a strong pitch for individual borrowers with low income, asking banks and financial institutions to not hesitate in giving loans to them. “The poor in India are not bad borrowers. The poor in India are not dishonest borrowers. The poor in India are ethical, honest...
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