The new Chairman of the Press Council of India, Markandey Katju, wants to make it an instrument of mediation in addition to adjudication. THE appointment of Justice Markandey Katju, a former judge of the Supreme Court, as Chairman of the Press Council of India is about the best thing that has happened to that body in a long while. It is no exaggeration to say that the PCI commands little prestige...
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Wanted: more jobs by TK Rajalakshmi
The annual report of the International Institute for Labour Studies projects a grim future for employment prospects. WITH the United States and much of Europe grappling with the slowdown in their economies and the resultant social unrest, the publication of the World of Work Report 2011: Making Markets Work for Jobs could not have come at a more opportune moment. Brought out by the International Institute for Labour Studies, which was...
More »RBI asked to name top 100 defaulting industrialists by Anuja & Remya Nair
The commission has now directed RBI to furnish the information by 10 December to the applicant and publish it on its website by the month-end The Central Information Commission (CIC), which enforces the Right to Information Act, has directed the central bank to make public the names of the top 100 industrialists who have defaulted on loans taken from public sector banks. The Reserve Bank of India (RBI) had declined to disclose...
More »Father Cedric Prakash, human rights and peace activist interviewed by Radhika Ramaseshan
Father Cedric Prakash is a human rights and peace activist based in Ahmedabad. He has campaigned for the justice of the victims of the 2002 communal violence on peril of being publicly branded as “non-Gujarati and non-Hindu” by chief minister Narendra Modi. A resident of Gujarat for nearly 40 years, Prakash is the founding director of Prashant, a centre for human rights, peace and justice. He was named Chevalier of the...
More »The mystery of the boom in farm credit by Anil Padmanabhan
The spurt in farm credit by commercial banks, including regional rural banks, has interestingly not led to any let-up in distress in the agrarian economy -- a mystery that continues to baffle academics, policy planners and, more recently, bankers Last week, a clutch of bankers and policy wonks gathered in Bangalore to review recent trends in farm credit. On the face of it, credit to the farm sector is on an...
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