-Outlook Kochi: Reserve Bank Governor D Subbarao today ruled out introduction of Islamic banking in the country but said other methods for channelising funds based on the principles of Islamic law can be looked at. "Islamic banking is not possible", he said, adding the central bank could look at other vehicles based on Islamic banking principles to channelise NRI funds. Replying to a question on the issue, Subbarao said: "There are some legal...

-The Hindu An anthology of independent evaluations of MGNREGA shows that it has provided income security, improved health, narrowed the gender gap and created useful assets   In the midst of the debates that prevail in this country over the feasibility of the world’s largest public works programme, the MGNREGA Sameeksha — an anthology of independent research studies and analysis on the Mahatma Gandhi National Rural Employment Guarantee Act, from 2006-2012 — is...

-The Economic Times Chhattisgarh is set to become the first state to extend health insurance cover to all its unorganised sector workers, a step that will not only make healthcare accessible to all but also set a model for other states to follow. The state has offered to pay the insurance premium from October 1 for all those not covered under the Centre's flagship health insurance scheme-the Rashtriya Swasthya Bima Yojna (RSBY)....

-The Times of India A year after trying to provide a dignified life to sex workers, the Supreme Court on Thursday said its orders should not be construed as an encouragement to prostitution. The clarification came from a bench of Justices Altamas Kabir and Gyan Sudha Mishra after additional solicitor general P P Malhotra drew the court's attention to its July 19 order in which it had sought suggestions from the SC-constituted...

-The Hindu Saving the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) — the centrepiece of UPA-I’s achievements in the social welfare sector — from its many critics in government and the media who view it as a drain on the exchequer will head the Sonia Gandhi-led National Advisory Council (NAC)’s agenda in the coming months. At a meeting of the reconstituted NAC on Friday, its members discussed the role a re-energised...