-The Economic Times Cash transfer in various forms has been used in many countries to target support to the poor and achieve social objectives. In India, its introduction has generated more passion than rational debate. The scheme is not a magic bullet, but if properly implemented and targeted, cash transfer is a very sensible instrument of social assistance. In India, the rationale for introducing the scheme seems to be to check...
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Sebi attaches assets of 2 Sahara firms
-The Times of India MUMBAI: Market regulator Sebi on Wednesday cracked down on the retail-to-financial services Sahara group and ordered the attachment of all assets of two Sahara group firms, besides freezing their bank accounts and those of their promoters and directors including that of group head Subrata Roy. Sebi's crackdown on the two Sahara group firms—Sahara Housing Investment Corp and Sahara India Real Estate Corp — comes exactly a week after...
More »Political donations to get transparent
-The Times of India MUMBAI: India Inc has had to wait for nearly three years for the government to roll out the rules relating to the functioning of electoral trusts. The rules have been recently notified and come into effect from January 31, 2013. The 2009 Budget had introduced provisions relating to electoral trusts in the Income-tax Act. It provided for tax exemption to electoral trusts which distribute contributions to political parties,...
More »Doctors’ strike prima facie amounts to criminal offence: HC
-The Hindu Bangalore: Taking suo motu cognisance of the adverse effect on patients at government hospitals in the State owing to doctors’ strike, the Karnataka High Court on Tuesday directed the State government to prima facie treat doctors’ conduct as criminal offence under the Indian Penal Code (IPC) and initiate legal action against them. A Division Bench comprising acting Chief Justice K. Sreedhar Rao and Justice S. Abdul Nazeer passed the order...
More »Sexual Harassment in the Workplace: the Verma Committee and After-Ayesha Kidwai
-Economic and Political Weekly The committee of inquiry headed by justice Verma is a landmark for the way in which it has inscribed into the very foundations of law, the equality and liberty of India’s women citizens. To uphold the constitutional guarantees afforded to women, it is essential that the rights given to working women in the Vishaka judgment (also delivered by justice Verma) are not elided or compromised, either by...
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