So why is the UPA hell-bent on killing its unique success story: the NREGA? Here's the inside narrative of the conspiracy. It took 47 days of a protest sit-in at Jaipur to make the state budge(1). It's notable that the objective of this protracted protest was not to coerce the Rajasthan government for an extra share of the state's resources, but to hold the government accountable to the Constitution and its...
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Microlenders, Honored With Nobel, Are Struggling by Vikas Bajaj
Microcredit is losing its halo in many developing countries. Microcredit was once extolled by world leaders like Bill Clinton and Tony Blair as a powerful tool that could help eliminate poverty, through loans as small as $50 to cowherds, basket weavers and other poor people for starting or expanding businesses. But now microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries. In December, the prime minister of...
More »‘TISS report not scientific'
The recent social impact assessment report of the Tata Institute of Social Sciences TISS) on the Jaitapur power plant is a people's report and not a scientific one, according to S.K. Jain, Chairperson and Managing Director of the Nuclear Power Corporation of India Limited (NPCIL) which is implementing the project. Addressing the media on Friday after the commissioning of the spent fuel reprocessing plant by the Prime Minister, Mr. Jain...
More »River Regulation Zone coming: Jairam
‘Akshardham, CWG Village on Yamuna bank shouldn't have got nod' Neither the Commonwealth Games Village nor the Akshardham Temple should have been allowed to be built on the banks of the Yamuna, according to Environment Minister Jairam Ramesh. He proposes to issue a River Regulation Zone notification to protect riverbeds from such harmful constructions in the future. “The manner in which the Yamuna riverbed has been devastated by constructions should be a...
More »Bihar special plan fund doubled to Rs 2,000 cr for FY11
The Centre today announced doubling of funds allocation under a special plan for Bihar to Rs 2,000 crore for the current fiscal, a move that should please Chief Minister Nitish Kumar who has been seeking greater central assistance. Effectively, the increase in central allocation would mean that the NDA-ruled state can spend extra Rs 1,000 crore on power, roads and irrigation within the three months ending March 31, 2011. The decision to...
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