-The Telegraph The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes that promise huge returns to gullible investors and have lately grabbed all the sensational headlines in Bengal. William S. Pinckney, managing director of Amway India, and two directors of the...
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UN report highlights benefits of school meal programmes in crisis settings
-The United Nations A United Nations report released today stresses the importance of providing meals for schoolchildren, particularly in times of crisis, and notes that this is still lacking in many developing countries. "School feeding assures that where quality education is available, children are able to take advantage of the opportunity to learn," said the Executive Director of the World Food Programme (WFP), Ertharin Cousin. "It's an investment that pays off in the...
More »Mandatory CSR in India: A Bad Proposal-Aneel Karnani
-Stanford Social Innovation Review Looked at from the perspective of the political right, and the left, and the center, the proposed law making CSR mandatory is a really bad idea. Companies all over the world are under increasing pressure to demonstrate that they are responsible citizens, with about 70 percent of large companies in Europe and the Americas reporting on their corporate social responsibility (CSR) initiatives. Despite this, the very concept...
More »A report card for India’s states -Pranjul Bhandari
-Live Mint Cherry-picked indicators of progress cannot convey the complexities of development in India's diverse states Which Indian states have fared better than their peers and which ones have done relatively worse is a perennial question for discussion. There is more at stake than mere grading of states here. Investment flows, central government funds and praises for being a good state are all linked to this seemingly straightforward question. It seems to...
More »Reforms’ unintended fallout -Ashoak Upadhyay
-The Hindu Business Line A mint-fresh working paper by the Reserve Bank of India once again trains the spotlight on a problem that, for five decades, every policy-maker has planned to snuff out, failed to, and then wished it would go away if ignored. But financial exclusion simply hasn't, and we now have the central bank applying its forensic skills to an examination of its magnitude. The title of Working Paper Series...
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