-The Economic Times NEW DELHI: The government's earnestness to change the lives of millions untouched by high-street banks is being tested with a proposal from its own department of posts. Armed with an amazing network of offices, the department has sought Rs 1,900 crore from the Centre to launch a bank that would connect with the aam aadmi in Indian villages and far-flung areas where few institutional lenders have a presence. Financial...

-The Economic Times If India is now debating opening the books and operations of political parties to the public, it's because of these six people who pulled strategic levers and applied relentless pressure. Soma Banerjee traces a four-year effort that converted intent to action Balwant Singh Khera, a politician from Hoshiarpur in Punjab, is not a name that will strike a chord in mainstream politics or social discourse today. It might in...

-The Business Standard But RTI is not the tool to impose transparency on parties There is no doubt that much is wrong with how elections in India are financed. In India, as in most democratic countries, the need for political funding is often what causes cronyism and outright corruption - in fact, more than one politician, cutting across party lines, is on record making this argument. It is necessary, certainly, to introduce...

-The Economic Times The information commissioner's order asking that stringent disclosure norms prevail on political parties is a welcome move. Transparency with regard to political parties, especially when it concerns funding, is extremely important in a democracy as this is where political corruption begins. In the past, there have been allegations of quid pro quo between big corporate houses, who fund parties in elections, and policy changes effected to suit them. Some...

-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...