Madhya Pradesh is betting cash incentives will curb population growth and improve the ‘life cycle’ of the girl child, but experts question the efficacy of such policies in addressing deep-rooted social prejudices Visitors trudging down the dusty village road are greeted by a giant billboard featuring a smiling Shivraj Singh Chouhan, the chief minister of Madhya Pradesh, hugging two young girls. The tagline in Hindi reads: Gaon ki beti, kisse chhoti...
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Bangladesh: crisis of the Grameen Bank by Haroon Habib
U.S. support for Muhammad Yunus is so strong that Dhaka may find a negotiated settlement to protect the Nobel Laureate's image and the independence of the Grameen Bank. Nobel Laureate Muhammad Yunus's three-decades-long journey with microfinance was laborious. But he most certainly did not encounter a crisis like the one he is facing now. It was only in December 2010 that the Bangladeshi — who shared the Nobel Peace Prize with...
More »Ramesh softens stand, 'no-go' projects to get green nod
Has Environment Minister Jairam Ramesh, who till recently was known for his green ‘overdrive’, toned down? Conditional clearance to several high-profile projects, including Posco and SAIL, is a pointer to how his ministry has softened its stand. Ahead of a meeting of the group of ministers (GoM) tomorrow, on the ‘no-go’ issue related to coal projects, 16 coal projects, that have been stuck for a year now, are set to get...
More »'A Raja made Rs 3,000cr in bribes' by Dhananjay Mahapatra
The CBI and Enforcement Directorate investigations have estimated that former telecom minister A Raja could have got bribes to the tune of Rs 3,000 crore, and have put the loss to the exchequer due to selling of spectrum at undervalued rates at Rs 40,000-50,000 crore. The two agencies have linked bribes Raja allegedly got to his order on January 2008 bringing forward the cut-off date for applications for spectrum from the...
More »Kind to cash by Richard Mahapatra
The government has a plan to reach welfare to the poor without wasting money. It wants to put hard cash in their hands instead of spending on welfare programmes. To begin with, it wants to end the public distribution system of food grain and give money directly to the people. Its logic: the new system of cash transfer will plug leakages and save an enormous amount of money. But is it...
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