The Communist Party of India (Marxist) on Tuesday charged the United Progressive Alliance government with attempting to “tinker with” the parliamentary system to suit the United States and its companies by “diluting” the rules of the Nuclear Liability Act. Referring to Prime Minister Manmohan Singh's statement that the rules framed for the Act would sit in Parliament for 30 days, CPI(M) Rajya Sabha leader Sitaram Yechury said so far the Committee...
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Governor must disclose under RTI his Article 356 report to President: HC by Dhananjay Mahapatra
The Goa bench of Bombay High Court stretched the RTI Act's ambit to the maximum when it ruled that a governor's report to the Centre about the political situation in a state could not be kept under wraps and ordered its disclosure upon an application under the transparency law. This has sent shock waves in the power corridors as the Union Cabinet headed by the prime minister relies on the secret...
More »What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
More »AP Impact: Right-to-know laws often ignored by Martha Mendoza
CHANDRAWAL, India—Satbir Sharma's wife is dead. His family lives in fear. His father's left leg is shattered, leaving him on crutches for life. Sharma's only hope lies in a new law that gives him the right to know what is happening in the investigation of his wife's death. Most of all, he wants to know what will happen to the village mayor, now in jail on murder charges. He talks quietly, under...
More »'Draft Mining Bill will harm mining companies' by S Thiagarajan
Two months ago, Cabinet approved a draft law that seeks to create a better legislative environment to attract investments in mining and ease land acquisition through higher compensation to people displaced by projects. This show of goodwill could help the government win some hearts in troubled landscapes of Orissa and Karnataka. But mining companies are not entirely convinced as they have to pay higher royalties and want changes to be made...
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