-The Hindu Stay refused, time granted to RBI to amend regulations With the Supreme Court observing on Monday that the Centre’s policy decision permitting FDI in multi-brand retail sector lacked legal sanction, the Attorney General (AG) G. E. Vahanvati assured that the Reserve Bank of India (RBI) would come out with amended Regulations within two weeks. A Bench of Justices R. M. Lodha and Anil R. Dave, while refusing to stay the policy...
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UPA hopes to reap dividend from Aadhar scheme -Rajeev Deshpande
-The Times of India In a significant moment for UPA-II's plans to make cash Transfers a reform motif and a pro-poor vote hook, Prime MinisterManmohan Singh and Congress chief Sonia Gandhi will hand out Aadhar number 21 crore in the Rajasthan village of Dudu on Saturday. Situated some 60-odd km from Jaipur, Dudu will be the stage for the launch of a scheme integrating benefits like rural employment guarantee, pensions and state...
More »Govt Can Transfer Officials Before Tenure Completion: HC
-Outlook Mumbai: Observing that the government has the power to Transfer officials in special cases before completion of the tenure posting, the Bombay High Court has upheld the Transfer of a senior police inspector following allegations of biased investigations. A division bench headed by Justice A M Khanwilkar was hearing a petition filed by senior police inspector Sanjeev Kokil, challenging his Transfer from the MRA Marg police station in south Mumbai to...
More »True Progressivism
-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....
More »Cabinet clears way for direct Transfer of fertilizer subsidy-Surabhi Agarwal, Aman Malik and Liz Mathew
-Live Mint Step is another sign of government intent to move towards direct Transfer for all programmes The Union cabinet on Thursday approved a proposal that will eventually lead to the direct Transfer of cash subsidies to farmers for fertilizer, two weeks after it put in place the architecture to enable such a transition. The step is another sign of the government’s intent to move towards a regime of direct Transfer of cash...
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