We have five million children in the labour market, say official figures. Their actual numbers may be four times as many. As a nation, we have failed each one of them… Millions of our children still labour today, in factories, farms, kilns, mines, homes and city waste dumps, when they should be in school or in a playground. We profoundly fail these children, collectively depriving them of education, play, rest, healthy...
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Plan panel: UID beneficiaries should pay for enrollments by Surabhi Agarwal & Sangeeta Singh
The suggestion has been made in a note to the cabinet committee on UID project headed by Prime Minister Manmohan Singh The Planning Commission has recommended that the unique identity (UID) programme’s beneficiaries such as public sector banks, insurance companies, state governments and welfare programmes pay for the enrolment of people since the benefits to them will outstrip the costs incurred. The suggestion has been made in a note to the cabinet...
More »“Government tinkering with parliamentary system”
The Communist Party of India (Marxist) on Tuesday charged the United Progressive Alliance government with attempting to “tinker with” the parliamentary system to suit the United States and its companies by “diluting” the rules of the Nuclear Liability Act. Referring to Prime Minister Manmohan Singh's statement that the rules framed for the Act would sit in Parliament for 30 days, CPI(M) Rajya Sabha leader Sitaram Yechury said so far the Committee...
More »What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
More »'Draft Mining Bill will harm mining companies' by S Thiagarajan
Two months ago, Cabinet approved a draft law that seeks to create a better legislative environment to attract investments in mining and ease land acquisition through higher compensation to people displaced by projects. This show of goodwill could help the government win some hearts in troubled landscapes of Orissa and Karnataka. But mining companies are not entirely convinced as they have to pay higher royalties and want changes to be made...
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