-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...
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Mandatory reforms to provide property rights to slum dwellers: Maken -Gaurav Vivek Bhatnagar
-The Hindu The Centre will soon implement Phase II of the Rajiv Awas Yojna with a focus on providing long-term and bankable property rights to slum dwellers, Union Housing and Urban Poverty Alleviation Minister Ajay Maken said, soon after taking charge of his new Ministry on Tuesday. Talking to journalists at his office in Nirman Bhavan, Mr. Maken said the Centre will adopt the twin strategy of funding and “mandatory reforms” in...
More »The new political nexus-Sucheta Dalal
-MoneyLife.in If you were wondering why most of the recent major cases of corruption have not been exposed by opposition parties, especially the BJP, now you have the answer: they are all in it together. I am ready for any inquiry,” repeated Nitin Gadkari on every television channel where he brazenly defended the dubious shell companies and land allotment that propelled the growth of his ballooning ‘social entrepreneurship’. The irony is that Nitin...
More »Here comes the sun -T Ramakrishnan
-The Hindu Tamil Nadu’s Solar Energy Policy can go a long way in addressing the supply-demand mismatch The State’s solar initiative can draw on the strengths of its robust wind power programme Is the sun the answer to Tamil Nadu’s power crisis? With the unveiling of the Solar Energy Policy last week, Tamil Nadu joins the long list of States trying to find a way of harnessing this source of renewable energy...
More »‘Poor in India are ethical... we must lend more to the poor’
-ENS Economic Bureau At a time when companies such as Kingfisher Airlines and Suzlon Energy have defaulted on bank loans, finance minister P Chidambaram on Tuesday made a strong pitch for individual borrowers with low income, asking banks and financial institutions to not hesitate in giving loans to them. “The poor in India are not bad borrowers. The poor in India are not dishonest borrowers. The poor in India are ethical, honest...
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