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India Post readies plan to start bank -Sidhartha & Saurabh Sinha

-The Times of India The Reserve Bank of India having opened the window for new bank licences, the postal department is finalizing the blueprint to set up a bank of its own at your neighbourhood post office, a move that will challenge the dominance of large public sector lenders in smaller towns and rural India. While the department already has a balance sheet of Rs 6.18 lakh crore, which includes deposits of...

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Budget 2013-14: Rs. 1,000 crore each for women, youth funds

-The Hindu   "To the women of India - we have a collective responsibility to ensure the dignity and safety of women. Recent incidents have cast a long dark shadow on our credentials. As more women enter public spaces...there are more reports of violence against them. We stand in solidarity with our girl children. We pledge to everything possible to keep them swcure. A number of measures are in the works...

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Rejecting mercy pleas not President’s decision alone -Himanshi Dhawan

-The Times of India President Pranab Mukherjee, having rejected the mercy petitions of seven death row convicts in less than seven months of assuming office, may appear to have a hard line on capital punishment but experts say he does not have much discretion in the matter. While the statute grants clemency powers to the President through Article 72, constitutional experts say the power to grant pardon is not personal but...

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Development minus green shoots-TR Shankar Raman and MD Madhusudan

-The Hindu By exempting some projects on forest land from gram sabha consent, the government has undermined the rights of local communities and their crucial role in protecting the environment In early February, the Ministry of Environment and Forests partially revoked a crucial order it had issued in August 2009, which made the consent of gram sabhas mandatory for projects seeking diversion of forest lands for non-forest purposes. Now, the ministry has...

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The limits of shock and awe: Nandy, Dalits & Corruption -Praful Bidwai

-Kashmir Times If psychologist Ashis Nandy had planned to ignite a potentially ugly controversy at the Jaipur Literary Festival, he couldn't have done better than by insinuating intimate links between corruption and Dalits, Adivasis and Other Backward Classes. After warning that he was about to make a "very undignified" and "almost vulgar" statement, "which will shock you", Nandy said: "It is a fact that most of the corrupt come from the...

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