-The Times of India The UPA-1's Rs 52,000 crore farm loan waiver scheme is turning out to be a big financial scandal. Out of 1 lakh farm loan waiver accounts audited in 700 bank branches across the country — involving disbursement of Rs 500 crore — about 30% of the waiver amount was allegedly found to have been siphoned off by a nexus of bank managers and microfinance institutions (MFIs). A comptroller...
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Govt schools lag behind private institutions: Report -Himanshi Dhawan
-The Times of India While the HRD ministry cries foul over budget cuts an independent report on education points out that despite significant rise in public spending, parents continue to opt for private schools with government educational institutions failing to offer quality education. Central contribution to elementary education increased by 90% from Rs 203 billion in 2007-08 to Rs 383 billion in 2012-13, while secondary school allocation rose by 271% to Rs...
More »A committee to ‘administer’ a ‘market price’ for gas-Sunjoy Joshi
-The Hindu In his article in The Hindu (editorial page, “Making a mockery of domestic gas pricing,” January 18, 2013, Surya P. Sethi attacks the gas pricing formula proposed by the Rangarajan Committee, curiously enough, for being based on numbers from foreign markets that do not reflect the supply, demand or cost of production in India. I say “curiously” because on the exact opposite side, domestic producers are also pillorying the committee’s...
More »Childhood interrupted-Nicole Rangel Menezes
-The Hindu The case of the juvenile offender in the Delhi gang rape is a wake-up call for investing more in a protection scheme that will stop children from turning to crime During the 11 years I worked with the emergency helpline service Childline, I have had the opportunity to befriend many children who live on the edge of society. Among them was 11-year-old Arif, who lived with a gang of boys...
More »Army’s stand makes it hard to amend AFSPA: Chidambaram-Sandeep Joshi
-The Hindu Union Finance Minister P. Chidambaram on Wednesday stressed the need for making the controversial Armed Forces (Special Power) Act (AFSPA) a more “humanitarian” law, but asserted that the Union government could not move forward as there was “no consensus” between the Army and the government on the issue. “The Army has taken a strong stand against any dilution of the AFSPA… We can’t move forward because there is no consensus. “The...
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