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Cabinet declares assets, Kamal Nath richest

-The Times of India     Prime Minister Manmohan Singh and his cabinet ministers on Saturday declared their assets which were posted online, officials said. The list of assets and liabilities of the prime minister and his council of ministers were put on the prime minister's website - http://pmindia.nic.in/rti.htm. The list included details of the Prime Minister, 32 cabinet ministers, seven ministers of state with independent charge and 37 ministers of state. Urban development minister Kamal...

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Kamal tops rich list, Antony at bottom

-The Times of India   The government on Saturday released a list of assets owned by Union ministers. Urban development minister Kamal Nath and his family top the charts with a net worth of over Rs 263 crore. Prime Minister Manmohan Singh's holdings are a little over Rs 5 crore. At the bottom of the pile is the low-profile defence minister, A K Antony, who claims he has a paltry Rs 1.8 lakh...

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Survival in the shadow of dams by Ananda Banerjee

Floods are vital to Kaziranga; dams on the upper reaches of the Brahmaputra could disrupt the balance A few weeks ago, much of the grasslands of Kaziranga National Park were under water. The monsoon floods bring with them their own set of problems—some of the animals, for instance, have to be rehabilitated—but they are required for the very existence of the park. The annual floods of the Brahmaputra creates grasslands, floodplains, and...

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In 8 yrs, Cong income up by seven times by Gopu Mohan

What can power do to a political party’s financial health? Quite a lot, it seems. An RTI query by a Chennai-based activist shows that the income of India’s longest-ruling national party, the Indian National Congress, increased from Rs 69.55 crore in 2002-03 to a whopping Rs 467.57 crore in 2010-11. Documents accessed by activist V Gopalakrishnan show that the jump is even more evident when figures from 2003-04 are compared with...

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MFIs: Still in the doldrums by Shruti Sarma

MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...

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