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Objective and bold moves

Controversies surrounding the two real estate projects, the Adarsh Society building in Mumbai and the Lavasa city near Pune, bring to the fore the huge costs of poor enforcement of town planning rules and inept administration of urban development. In the case of Adarsh housing, a 31-storeyed apartment building raised in the Backbay reclamation area and meant for Kargil heroes, the Maharashtra government not only turned a blind eye to...

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Microfinance: misunderstood, Malegamed by MS Sriram

A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...

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Maximum Dithering for Minimum Wages!

Even though the Central Government agreed to link the wages paid under MG-NREGA to the Consumer Price Index for Agricultural Labourers (CPIAL), it shied away from paying statutory minimum wages in various states of India. Their logic for this: Lack of clarity on who will bear the extra financial burden—the Centre or the states? A letter from the Prime Minister Manmohan Singh to UPA and NAC Chairperson Sonia Gandhi dated 31...

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From inadequate to appalling

It was bad enough that the National Advisory Council in its recommendation of October 2010 proposed a food security Bill that diluted the principle of a universal right to food. It is appalling now that the C. Rangarajan Committee seeks to truncate that proposal, and legally establish a narrowly targeted public distribution system on the grounds of feasibility. Their argument is a false argument for more reasons than one. First,...

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Supreme Court to examine RTE impact on private schools

Refraining granting a stay, the Supreme Court on Monday agreed to examine the validity of the provision of Right to Free and Compulsory Education (RTE) Act which mandated 25 per cent of reserved seats for economically backward sections in private unaided schools. A bench of Chief Justice S.H. Kapadia, justices K.S. Radhakrishnan and Swatanter Kumar did not favour at the moment the idea of referring the matter to a Constitution Bench. “At...

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