The government appears to be working towards an amicable solution on the question of who can collect biometric information data for the Indian population. There has been disagreement about whether this will be done by the UIDAI headed by Nandan Nilekani, or the National Population Register headed by Home Minister P. Chidambaram. It now seems that both may continue to collect data but share its use. When any country sets about...
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More, better jobs in India, says World Bank report by Kalpana Kochhar
India's economic growth has added over seven million new jobs every year for almost a quarter of a century. Workers have seen their wages - adjusted for prices - rise by nearly 3% a year. Poverty rates among wage workers and the self-employed have fallen. Going forward, with swelling numbers of new entrants - and more women entering the job market , as was the case during east Asia's rapid...
More »Nabard starts infra lending to diversify by Atmadip Ray
The National Bank for Agriculture & Rural Development, or Nabard, has started lending directly to infrastructure projects out of its own resources for the first time in 30 years, in an attempt to diversify its activities and make itself relevant at a time when the dynamics of the rural market are changing. Essentially a refinance bank till recently, Nabard has created a Rs 1,000-crore special window for lending to build core...
More »Government to take up repair work of SEZ rules soon by Amiti Sen
The commerce ministry will announce rules to simplify and rationalize procedures to revive special economic zones, hoping to draw investors to these enclaves once touted as centres of export excellence. The changes, which will be notified in a week, could include a reduction the minimum-area requirement, easier vacancy and contiguity norms and allowing multi-product SEZs in sector-specific zones. "There will be reforms and changes in policies pertaining to SEZs mainly to simplify...
More »A Black Ledger by Debarshi Dasgupta
Custodial deaths on the rise, says report Deaths in Police Custody The 10 Worst States Maharashtra - 250 Uttar Pradesh - 174 Gujarat - 134 Andhra Pradesh - 109 West Bengal - 98 Tamil Nadu - 95 Assam - 84 Karnataka - 67 Punjab - 57 Madhya Pradesh - 55 Haryana - 45 *** Tamirul Haq had just stepped out to buy some cigarettes, and probably told his family he’d be back soon. But the 42-year-old from Bengal’s North Dinajpur district never returned home. On...
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