India must not obsess with how fast its economy is growing and instead pay more attention to its human development indicators which are worse than even that of Bangladesh, Nobel prize-winning economist Amartya Sen said. Sen, known among his peers as the Conscience of Economics, said slower growth is not a good enough reason for national gloom. If India really must feel upset, it should be because the country is...
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Police raj label on education by GC Shekhar
Three bills the Centre has lined up to regulate higher education have been described as “draconian” by private institutions, which fear their enactment will bring the segment under a “police raj”. Two of the bills provide for jail terms and stiff fines to ensure that colleges and universities obtain accreditation before — and not after — starting courses and refrain from making exaggerated claims to attract students. For instance, under the “unfair...
More »Former UP govt official arrested in NRHM scam
-PTI The CBI on Saturday arrested a former official of a Uttar Pradesh government-owned public sector unit for his alleged involvement in the Rs 10,000 crore National Rural Health Mission (NRHM) scam. Sources said the accused, GK Batra, former MD of Shreeton India, was arrested following a day-long intensive interrogation by agency sleuths. The CBI has so far arrested five persons including former UP Small Industries Corporation md Abhay Kumar Bajpai, former...
More »Ore clouds Jindal kick-off by Sambit Saha
The corruption paranoia, blamed for the policy paralysis at the Centre, is threatening to take a toll on Bengal by clouding the timetable of the much-delayed Jindal steel plant at Salboni. Banks and financial institutions are unwilling to give loans to the project because of uncertainties surrounding the mining sector. The Jindal project may require loans totalling Rs 10,000 crore in the first phase to build a 3-million-tonne plant. The proposed Salboni...
More »Kushwaha co-accused held, he may be next
-The Times of India After registering five FIRs in National Rural Health Mission (NRHM) scam, the Central Bureau of Investigation is now moving ahead and has arrested Former Uttar Pradesh bureaucrat P K Jain on Thursday. In another development, sources said that they are planning to book P K Jain and other accused persons in disproportionate assets case. Jain has been arrested in the case in which sacked BSP leader Babu Singh...
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