-Live Mint Lack of decentralization means municipalities lack power, resources to meet rising aspirations of ‘middle' India Othakadai, Madurai (Tamil Nadu)/Hubli (Karnataka): S. Paramasivam , president of the Othakadai panchayat, has big plans for his area. "Rainwater harvesting, removal of encroachments on roads, waste recycling, covered drainage, bigger primary health care centres and community parks," lists the 58-year-old, who has spent 30 years in the stainless steel business that dominates industry...
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Sebi says working hard to protect investors from ponzi schemes
-PTI The regulator is working hard to ensure that small investors' savings are not put to risk, says Sebi chief U.K Sinha With lakhs of investors getting deFRAuded by Ponzi schemes in West Bengal, Securities and Exchange Board of India (Sebi) chairman U.K Sinha on Wednesday said the regulator is working hard to ensure that small investors' savings are not put to risk. "Within the powers given to us, Sebi is working extremely...
More »We should liberate CBI from interference, says Supreme Court -J Venkatesan
-The Hindu Ranjit Sinha says CBI is part of government, not autonomous The widening sinkhole that the coal scam has become claimed its first victim on Wednesday as Additional Solicitor-General Harin Raval resigned for having misled the Supreme Court, while CBI Director Ranjit Sinha?brought the executive and the judiciary to the verge of open confrontation by stating that his agency was not an "autonomous organisation" but part of the government.? The CBI, which...
More »No bread, lots of beer -Jean Drèze
-The Hindustan Times Prime Minister Manmohan Singh has aptly described the persistence of mass undernutrition in India as a "national shame". What is even more shameful, however, is the passivity of the government - and of the country - towards this humanitarian emergency. The passivity begins with a reluctance to face the facts. The first step towards more effective nutrition policies in India is regular monitoring of the nutrition status of...
More »Rules against chit funds stuck in Delhi-Amit Gupta
-The Telegraph Ranchi: Sluggish economy and soaring personal aspirations are teaming up to create fertile ground for quick-rich chit fund schemes and non-banking finance companies such as the now-infamous Saradha to mushroom, but rules to give Jharkhand investors the much-needed safety net are hanging fire since over a year. Jharkhand Assembly had early last year forwarded rules FRAmed by the state's institutional finance department for the President's consideration under The Chit Funds...
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