-The Hindu Business Line A mint-fresh working paper by the Reserve Bank of India once again trains the spotlight on a problem that, for five decades, every policy-maker has planned to snuff out, failed to, and then wished it would go away if ignored. But financial exclusion simply hasn't, and we now have the central bank applying its forensic skills to an examination of its magnitude. The title of Working Paper Series...
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Waiting for water-Smriti Kak Ramachandran
-The Hindu Vinod Jain lives in a sprawling landscaped farmhouse on the outskirts of the city, an area that is an exclusive address; not far from this posh neighbourhood lives Amin Mohammad in a shanty amid rubble and refuse on land illegally occupied. And the only thing common between the two households otherwise at the two ends of an economic spectrum is that with no source of municipal water in their neighbourhoods...
More »Accidents up as DTC fleet driven dangerously -Rumu Banerjee
-The Times of India NEW DELHI: With 9,787 regular and 4,447 contract drivers on its payroll, Delhi Transport Corporation has one of the largest resource pools in the city. Unfortunately, these drivers are calling attention to the corporation for all the wrong reasons. Since 2011, the number of accidents involving DTC buses has steadily gone up with a corresponding increase in fatalities. Complaints of rash driving have been pouring in, prompting frequent...
More »Famine sucks life out of Maharashtra's Touring Talkies
-PTI PANAJI: Sitting on the Mandovi river bank here, where he has set up his maiden Goa show of the 107-year-old Touring Talkies, Vijay Kulkarni has mixed feelings. He is excited about the fact that this is the first time time that the Touring Talkies has traveled outside Maharashtra. "But this may be the last time too," says 65-year-old Kulkarni, the owner of Sri Ram Touring Talkies and Vijay Touring Talkies. According to him,...
More »The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury
-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...
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