-Economic and Political Weekly Public interest litigation has value as a tool for enhancing road safety. But it is unlikely to succeed if it asks courts to give directions to the government on a wide range of road safety policies, or if it asks for amendments to the law, or if it asks the judges to direct the government on desired legislation. It has a fair likelihood of success in a...
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Rs 1 lakh crore bad loans of corporates written off: RBI-Mayur Shetty
-The Times of India MUMBAI: Data collected by Reserve Bank of India over a period of one year blows the lid off what goes as loan classification in banks. In a presentation at the annual bankers' conference, RBI deputy governor K C Chakrabarty showed how banks have sacrificed over Rs 1 lakh crore by writing off bad loans to corporates, which is much higher than Union finance minister P Chidambaram's farm...
More »TextBooks reach Gurgaon govt schools six months after academic year begins -Anchal Dhar
-The Indian Express Gurgaon: Trucks loaded with new elementary school textBooks were seen parked outside many government primary schools in Gurgaon, a little over two weeks ago - at a time when first half of the academic year is over. The reason, district school authorities said, was a problem with the tender given to a state "printing press" which delayed printing of the Books. By the end of the first term, children...
More »Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of September, 2013
-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of September, 2013 rose by 1.2 percent to 179.7 (provisional) from 177.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.46% (provisional) for the month of September, 2013 (over September, 2012) as compared to 6.10% (provisional) for the previous month and 8.07% during the corresponding month...
More »Direct cash transfers: 'The previous system was so much more convenient' -Ruhi Tewari
-The Indian Express Rajasthan/ Delhi: Three states where the UPA govt has rolled out direct cash transfers go to polls later this year. On the ground, the scheme has not quite turned out the game-changer the government reckoned it would. A frail Gori Sahaab, 90, instructs his son to pour mustard oil into a tiny diya in his one-room house. He once used a kerosene lamp but has stopped buying that fuel....
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