The commission has now directed RBI to furnish the information by 10 December to the applicant and publish it on its website by the month-end The Central Information Commission (CIC), which enforces the Right to Information Act, has directed the central bank to make public the names of the top 100 industrialists who have defaulted on loans taken from public sector banks. The Reserve Bank of India (RBI) had declined to disclose...
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What Is The Real Goal Of The Anna Movement? by Rohini Hensman
Many people including members of Team Anna have expressed reservations about the way in which their campaign has been developing, and some have even resigned. This raises questions about the real aim of the leadership around Anna. Is it really what it is proclaimed to be? Is the aim to get the Jan Lokpal Bill passed by parliament? Team Anna has repeatedly stated that they have just a one-point agenda: to get...
More »Arrested with arms dealer, I-T officer back at work, promoted by Ajmer Singh
Three years after he was arrested by CBI from a Mumbai hotel along with an arms dealer, Indian Revenue Service officer Ashutosh Verma was reinstated by the Income Tax Department. Last month, he was promoted as Joint Commissioner, Income Tax. In March 2008, Verma was arrested together with arms dealer Suresh Nanda, his son Sanjeev and Nanda’s chartered accountant Bipin Shah. The arrests were made after a surveillance unit of the CBI...
More »Not BPL but Basic Income by Meghnad Desai
The fracas over R32 per day was amusing and sad. Obviously, none of the journalists and politicians had known that the level used to be even lower in previous years. In 2004-05, the level was R552 per person per month for an urban person and R363 for rural. So, that is about R17.5 (R12) per day. The stylised anger only revealed that India’s elite may protest about poverty but they...
More »Climate Change Could Unravel Development Progress by Elizabeth Whitman
The United Nations unveiled its 22nd annual Human Development Report on Wednesday, with grave warnings that unless countries take action against climate change and implement sustainable solutions, progress in human development will be in serious jeopardy. Trends over the past 40 years indicate extraordinary progress in health and education in some of the world's poorest countries, and if those trends continue, by 2050, most countries will have achieved or surpassed standards...
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