LUCKNOW: In a significant order passed by the Central Information Commission, inspection reports of banks can be disclosed under the RTIAct. And, the Reserve Bank of India cannot deny disclosing the report stating that it can have ill-effects on the economy. The CIC's order came in a case pertaining to Kanpur-based United Mercantile Cooperative Bank Ltd. in its order, the CIC stated that the Reserve Bank of India (RBI) should disclose...

The Supreme Court has handed down an extraordinary decision with some extraordinary arguments directing the central government to execute the “river interlinking project”. How could the Court which says “it can hardly take unto itself tasks of making of a policy decision or planning for the country on the need for acquisition and construction of river linking channels” then go on to actually take the very same policy decision and...

-Eastern Panorama   It’s been almost two months since a 6.9 magnitude earthquake left the Himalayan state of Sikkim devastated. Nine families of Ralak village in Tingchim Mangshilla Gram Panchayat in the North District of Sikkim are still living in make shift relief camps with the mothers cuddling their children under blankets to give them comfort and warmth in the cold November nights. As snow has already covered the mountains visible from...

-The Deccan Herald   In an attempt to usher transparency regarding functioning of the banking sector, the Central Information Commission on Friday directed the Reserve Bank of India (RBI) to reveal the details of Annual Financial Inspection (AFI) reports of banks and also the fines imposed on them based for violating rules. Direction to make public the annual inspection reports of banks was given by Information Commissioner Shailesh Gandhi while he overruled the...

An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...