Indian traders reject FDI in multi-brand retail and emphasise the need for a policy to regulate the labour-intensive sector. TRADERS across the country responded angrily to the Union Cabinet's decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail trade, disproving the arguments of the United Progressive Alliance (UPA) government and the assessment of corporate India, which had tried hard to make it appear that traders and...
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Top judge sets example for babus by Prafulla Marpakwar
Justice B H Marlapalle, one of the most outspoken and distinguished judges of the Bombay high court, has set a new benchmark not only for members of the judiciary but even for high-ranking bureaucrats. A day after retirement, he vacated his official quarters and surrendered his vehicle too. As per the norms, a judge can retain his official accommodation and vehicle for three months after retirement. During his career spanning over...
More »Committee to give Maha school laws a full revision by Yogita Rao
School education laws in the state will soon undergo an overhaul. The Maharashtra government has set up a committee to synchronise all laws in school education with the centralRight to Free and Compulsory Education (RTE) Act, 2009 . Formed recently by the state's school education department, it will be led by a retired Bombay high court judge and will have experts in education. While the committee will look at all laws in...
More »Govt plans merger of more regional rural banks by AJ Vinayak
Following a move by the Central Government to further amalgamate regional rural banks (RRBs) in the country, employee unions are demanding the formation of a National Rural Bank of India (NRBI), by amalgamating all RRBs and de-linking of RRBs from the sponsor banks. Ministry view In a letter dated November 28 to the chairmen of sponsor banks of RRBs, the Department of Financial Services, Ministry of Finance, said that currently there are...
More »Cacophony Colonnade by Saba Naqvi
Our democracy is creaking, but it works—nominally at least. What it needs is not dilution, but deepening. When “Too Much Democracy” Works Pressure in Parliament pushes PM Manmohan Singh to secure the resignation of telecom minister A. Raja in the 2G affair The angst and trials of tribals in the Maoist bastion of Dantewada is sensed in Delhi after the media highlights their plight People power at the sites of...
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