The National Advisory Council, headed by Sonia Gandhi, today disapproved the exclusion of domestic workers from the purview of a proposed law for protection of women against sexual harassment at workplaces. The bill, introduced in the Lok Sabha during the winter session, aims to prevent harassment of women at the workplace by implied or overt promise of preferential treatment or threat or interference in work through intimidation. The NAC, which discussed the...
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India Journal: Why Vedanta Lost and Posco Looks Like a Winner by Rupa Subramanya Dehejia
Two large industrial projects, one poor state, two likely different outcomes — and a long-haired, flamboyant environment minister-turned-crusader starring in both. No, this is not your latest blockbuster but it has the makings of one. As reported Monday, Posco, the South Korean steelmaker, cleared a major regulatory hurdle in its bid for a massive steel project in Orissa. An environment ministry panel gave clearance for an initial steel production capacity of...
More »Kisan Swaraj Yatra to reach Chandigarh on 2nd December
The Kisan Swaraj Yatra, a nation-wide mobilization drawing fresh attention to the “continuing agricultural crisis in India”, and calling for a comprehensive new path for Indian agriculture, will reach Chandigarh on December 2, 2010. The bus-Yatra started at the Sabarmati Gandhi Ashram on October 2, and is passing through 20 states before reaching Rajghat, New Delhi on December 11. KSY is organised by all India network of over 400 organisations named...
More »The Girl Who Was Once Nira Sharma by Sunit Arora
* Moved to London from Kenya in the 1970s. Schooled at Haberdashers’ Aske’s. Bachelor’s at University of Warwick. * Has three siblings. Father in aviation. Three sons from failed marriage with UK businessman Janak Radia. * India entry in 1995. Sahara liaison officer. India rep of Singapore Airlines, KLM, UK Air. * Floats Crown Air as MD in 2000, with sister Karuna Menon as partner. Secures FIPB clearance to...
More »MFIs similar to moneylenders, says Reddy by Gayatri Nayak
Yaga Venugopal Reddy , former Reserve Bank of India governor credited with saving the nation’s financial system from the 2008 meltdown, has said what many finance experts believed, but did not have the courage to admit publicly: microfinance is India’s subprime. “Ultimately, it’s something like subprime lending,” Mr Reddy told ET in an interview ahead of his book release. “The same incentives are operating here... it was securitisation and derivatives that...
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