-The Indian Express Nagri, Bhojpur: Residents of Nagri in Bihar’s Bhojpur had spent 12 years waiting for justice after the killing of 10 people, nine of them of scheduled castes and OBCs and one a Muslim, during a caste attack on May 11, 1998. And after they felt justice had finally come, it proved short-lived. “First, we had to wait 12 years before the lower court finally handed the death sentence to...
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India can learn from others, tax policies should boost women empowerment-Lubna Kably
-The Times of India The Companies Bill, 2012, passed by the Lok Sabha a few months ago, has recognised the importance of diversity in the board room. Certain class of companies will soon be required to have at least one woman director on board. The EU has long recognised the value that women directors bring to the table. But, policies need to be reworked even at the ground level. With the budget...
More »Food for granted-Sebastian PT, N Madhavan and E Kumar Sharma
-Business Today What does the proposed food security law mean for the government's finances? Most days, around half a dozen middleaged men in Tamil Nadu's Nemam village head for a slushy pond. They are farm labourers who have had little work for the past few months because of a drought in their Tiruvarur district. As an alternative they catch fish, but the income from it is not enough to survive on. "But...
More »Government pushes banks to go rural, but will it pay?-Swati Pandey and Rajendra Jadhav
-Reuters RANCHHODPURA, India (Reuters) - Working out of a tiny rented room furnished with a wooden table, small biometric authentication machine and shelf stacked with passbooks, Ganesh Dangi is a one-man bank for a village of 650 people in northwestern Rajasthan. A business correspondent, or local representative, for State Bank of Bikaner and Jaipur (SBBJ) in Ranchhodpura village, 40 km (25 miles) east of Udaipur, Dangi is racing to sign up villagers...
More »The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay
The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...
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