Central bank sold its majority stake in Oct 2010; change will ensure entire equity is held by the govt The government will amend a law governing the National Bank for Agriculture and Rural Development (Nabard) to allow the Reserve Bank of India (RBI) to sell its 1% stake in the development lender. The central bank sold its majority stake in the lender to the government in October 2010. The government owns 99%...
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Public policy in a knowledge society-Shiv Visvanathan
Imagine you are a citizen racing across newspapers rapid fire. As you flip the pages you run across events like the Vedanta mining case, the Koodankulam nuclear controversy, the debate on poverty and reports about climate change. Each of these can be a life-threatening event and none of them have a life support system of knowledge which allows them to be debated in the open. The basic information comes from...
More »Naxals are the govt in a village India just discovered-Harinder Baweja
-The Hindustan Times Helicopters were kept on standby for casualty evacuation; targets were chosen with care after studying satellite images and the troops were warned — the encounters would be fierce and the naxals could be in the hundreds, even thousands. After weeks of planning, security forces armed with automatic rifles, satellite phones and Swedish Carl Gustav rocket launchers made their very first foray into the dense Abujhmad jungle, straddling the...
More »Mischief Minister
-The Economist West Bengal’s populist chief minister is doing badly. Yet she typifies shifts in power in India BUYER’S remorse is common enough in the dusty markets of Kolkata, a delightful if crumbling great city, once known as Calcutta and still capital of the state of West Bengal. Those who buy cheap plastic goods or plaster-of-Paris busts of Rabindranath Tagore, Bengal’s cultural hero, may come to regret their haste. Likewise, many who...
More »A Song that will be sung-Saroj Giri
Anand Patwardhan’s paean to Dalits, that took 14 years to compose, probes even as it praises, says Saroj Giri THERE IS an entrenched tendency to represent Dalits fighting for rights and reservations as just (another) competitive bloc vying for self-interest and power. It leads to a pernicious inversion: ‘Dalit rights’ dividing the nation along caste lines. Victim as perpetrator! Anand Patwardhan’s film Jai Bhim Comrade takes us beyond the grid of...
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