-The Hindu ‘Report goes against the provisions of Constitution' THIRUVANANTHAPURAM: Chief Minister Oommen Chandy will convey to the Centre Kerala's objections to the raghuram rajan Committee report on evolving a composite development index of States, during his visit to New Delhi on Friday. The Chief Minister, who left for New Delhi via Bangalore on Thursday, will call on ailing Defence Minister A.K. Antony, hold political discussions with the Congress high command, and meet...
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Unpacking the Bihar story -Rajesh Chakrabarti
-The Indian Express Bihar Chief Minister Nitish Kumar has more than one reason to cheer the raghuram rajan committee report's ranking of states on composite development. Apart from being put close to the bottom of the ladder in the new index of underdevelopment, Bihar also scores near the top in "performance", that is, the reduction of underdevelopment - a most sensible parameter introduced in the report - far ahead of Narendra...
More »Rajan panel wasn't unanimous in framing underdevelopment index
-The Business Standard Panel member questioned the choice of sub-components There is some consolation for Bharatiya Janata Party's prime ministerial candidate and Gujarat Chief Minister Narendra Modi: Not everyone in a panel headed by Reserve Bank of India Governor and former chief economic advisor raghuram rajan had favoured the inclusion of Gujarat in the list of less developed states. Economist and social scientist Shaibal Gupta, a member of the panel, had dissented and...
More »Aadhaar, fingerprint scan enough to open bank account-Mayur Shetty
-The Times of India MUMBAI: A few weeks after RBI governor raghuram rajan stressed on building credit histories of individuals based on the Aadhaar number, one bank has introduced unique identity-based eKYC for opening loan and savings accounts. Axis Bank, which is using payment company Visa's network to access Aadhaar database , will introduce the eKYC facility in around 25 branches next week. The branches will open loan and deposit accounts based...
More »Odisha, Bihar least developed, Gujarat less developed: raghuram rajan panel
-The Economic Times NEW DELHI: A high-level panel has recommended new criteria for measuring the backwardness of states and proposed the devolution of funds to them through an index that identifies Odisha and Bihar as the least developed states and Goa as the most developed one. The committee had been set up by the government amid demands for "special category" status by Bihar and was headed by the then chief economic...
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