Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...
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Towards a TB-free India by Ramya Kannan
Tuberculosis continues to be a major health problem in India. But the unveiling of a new test to diagnose TB and drug resistance on World Tuberculosis Day (March 24) brings some hope into a bleak scenario. Last Thursday, on World Tuberculosis Day, for the first time since the 1880s there was probably some justifiable cause for jubilation. After centuries of grappling with sputum smear microscopy, developed way back in the 1880s,...
More »Amnesty rap triggers Valley law rethink
The Jammu and Kashmir government has for the first time shown willingness to amend or replace the Public Safety Act, which allows detention without trial for up to two years. The move follows human rights watchdog Amnesty International’s scathing criticism of the government for the law’s extensive use in the state in the past two decades. An Amnesty report, titled “A lawless law”, says that up to 20,000 people, including children, were...
More »24 amazing innovations from rural India
India's rural innovators have proved that ordinary people are indeed capable of extraordinary inventions. Despite many constraints -- lack of education and severe cash crunch -- most of them have succeeded in using technology cost-effectively to build ingenious products. A washing-cum-exercise machine, hand operated water lifting device, portable smokeless stove, automatic food making machine, solar mosquito killer, shock proof converter, a floating toilet soap are few of the products on display...
More »Growth as tool to alleviate poverty
The Prime Minister's focus on double-digit growth is not due to any ‘growth mania'. It is for the benefit of the poor. At a recent function for police officers, the Prime Minister observed: “If we don't control Naxalism, we have to say goodbye to our country's ambition to sustain a growth rate of 10 to 11 per cent per annum.” Some commentators (like Prof Prabhat Patnaik of JNU) interpret this (in a...
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