-The Times of India CHANDIGARH: Five companies, including Robert Vadra's Skylight Hospitality, bought licences to build colonies from the Haryana government for Rs 52.26 crore. They went on to sell these licences to other companies at a massive premium and collectively earned Rs 267.47 crore in a short span of time. But the profit of Rs 215.21 crore wasn't shared with the department of town and country planning despite bilateral agreements...
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Targeted lending to farmers a must -Gopa Kumaran Nair and Nirupam Mehrotra
-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...
More »Free speech Ver.2.0 -Lawrence Liang
-The Hindu With its judgment to strike down a legal provision for violating freedom of speech, the Supreme Court has paved the way for thoughtful jurisprudence in the age of the Internet While describing Sec.124A of the IPC (sedition) as the "prince among the political sections designed to suppress the liberty of the citizen", Mahatma Gandhi offered us an ironic way of thinking about liberty-curbing laws through the metaphor of illegal tyrants....
More »Inflation down, but pinch is back as two indices tell different tales -Zia Haq
-Hindustan Times Sharmilla Dar, a government schoolteacher in east Delhi, is irritated about a sudden surge in vegetable prices in the last week after they had cooled considerably since a year ago. "Why can't the government keep things affordable?" she asks. For middle-class consumers, food inflation worries are creeping back in. The farm sector is hurting badly after a full year of unprecedented weather havocs - from a partial drought last summer...
More »Overhaul brakes on insurance scheme for poor -M Saraswathy
-Business Standard Sector players await government's decision on future of Rashtriya Swasthya Bima Yojana The government-sponsored Rashtriya Swasthya Bima Yojana (RSBY) is set to undergo a overhaul with a proposal to have only public general insurers manage the scheme through a trust-like structure. Sources said the bids that would have been considered for new contracts have been left unopened as the stakeholders are awaiting the government's decision on its future progress. A senior public...
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