-Down to Earth Reserve Bank of India refuses to bail out three district cooperative banks Kharif sowing season is close at hand, but around 100,000 farmers of Nagpur, Wardha and Buldhana districts in Maharashtra are unlikely to get agricultural loan or hailstorm relief from the District Central Cooperative Banks (DCCBs) because the Reserve Bank of India (RBI) has rejected banking applications of these banks. Worse, fixed deposits worth Rs 1,716 crore belonging...
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Deciphering India through data -Padmaparna Ghosh
-The Times of India Prem Das Rai, an MP from Sikkim, knew that development indicators from his state were exceptional. But his office didn't know how to showcase them. He reached out to Swaniti, a Delhi-based not-for-profit organization that has been working "consulting style" with parliamentarians. Their portal called Jigyasa aims to answer questions like Rai's. Rwitwika Bhattacharya, Swaniti's founder-CEO, was surprised at what they uncovered. "I always thought that the...
More »How candidates cook books to spend crores over Election Commission limit
-The Times of India Elections, it is said, are about spending big. This despite repeated poll panel efforts to curb candidate expenses. The EC rule book is clear: Each candidate is entitled to spend a maximum of Rs 70 lakh and it is mandatory for the nominee to file daily expenses. On the ground, a different story plays out and contestants find ways to beat the book. Politicians begin spending the day...
More »Making place for women -Mini Kapoor
-The Indian Express If parties are sincere about the women's reservation bill, why hasn't there been a minimal debate about its flaws and possibilities? The Congress manifesto commits the party to "the enactment of the Women's Reservation Bill to reserve 33 per cent of all seats in Parliament and state legislative assemblies for women". Other parties are sure to have similar, perhaps even more time-bound, pledges. Those of us who thought that once...
More »30% of MPs spent half of expense limit in 2009 polls
-The Times of India NEW DELHI: The government's move to give parliamentarians a Rs 30 lakh hike in election expenses appears as misplaced generosity with 30% MPs spending less than half of their funds. Election expense declarations, analyzed by Association for Democratic Reforms, reveals that the average amount of money spent by 437 MPs in the Lok Sabha elections 2009 is only about Rs 14.62 lakh or 59% of the expense limit....
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