Indian Centre for Islamic Finance delegation makes presentation at Yojana Bhavan The Indian Centre for Islamic Finance (ICIF) has made out a strong case before Prime Minister's Economic Advisory Council member V. S. Vyas for introducing interest-free banking in the country at the earliest to ensure “inclusive growth with innovation” in accordance with the recommendations of the Planning Commission's Raghuram Rajan Committee. An ICIF delegation from New Delhi, led by its general...
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'Delivery system key to meet social sector goals'
An efficient delivery system is essential to keep up the achievements made by Kerala in the social sector over the decades, Chief Minister V S Achuthanandan said on Saturday. "Kerala has achieved remarkable growth in life index compared to many other Indian states. Now it is important that these achievements are maintained by improving the delivery system," he said, inaugurating an international conference on Reaching out to people: Achieving Millennium Development...
More »Maharashtra—chronicle of a death foretold? by Ranjona Banerji
Over the past two decades, Maharashtra’s leaders and caretakers have carefully steered it from being India’s most progressive and forward-looking state to lying on the verge of becoming one of India’s most backward.This is no mean achievement. Mumbai, as is well known, contributes close to 40% of the nation’s direct taxes. In 2003-2004, Maharashtra’s net state domestic product was second only to Haryana’s and the gross domestic product was 13%...
More »Scams deprive poor of health care, education: Pitroda
The Rs. 1.76 lakh-crore 2G spectrum scam has deprived the 400 million people below the poverty line (BPL) of their rightful share in healthcare and education, said Adviser to Prime Minister on Public Information Infrastructure and Innovations Sam Pitroda.Addressing the Indian National Academy of Engineering (INAE) convention here on Friday, Mr. Pitroda said freedom from poverty was not possible with scams siphoning off resources.Mr. Pitroda was conferred the INAE Lifetime...
More »India ninth-most corrupt country: Survey
About 54% Indians paid a bribe in the past year, according to a global survey by Transparency International (TI), which pegs the extent of corruption in India at levels comparable with Cambodia, Nigeria, Afghanistan, Senegal, Uganda and Liberia. TI’s Global Corruption Barometer survey, released on global anti-corruption day, measures public perception on corruption across the world. One metric asks respondents if they had paid a bribe during the past 12 months...
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