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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...

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How GDP understates economic growth-Bill Gates

-The Guardian GDP may be an inaccurate indicator in sub-Saharan Africa, which is a concern for those who want to use statistics to help the world's poorest people Even in good financial times, development aid budgets are hardly overflowing. Government leaders and donors must make hard decisions about where to focus their limited resources. How do you decide which countries should get low-cost loans or cheaper vaccines, and which can afford to...

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Here's why Food Bill will cost more than we think-Prachi Mishra

-The Economic Times The revised, but not yet passed, National Food Security Bill (NFSB) represents a crucial political-economic approach to welfare. But how well do we understand the financial and, more importantly, distributional consequences of the revised Bill? Although the revised Bill is likely to simplify the identification of beneficiaries, financial implications will still be substantial. Calculating these implications must include not only the cost of food subsidy, but also additional costs...

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Women SHGs to get loans at lower rates - Elizabeth Roche

-Live Mint Cabinet clears proposal to give loans at 7% interest rate, and 4% if SHGs  repay loans within the stipulated period The federal cabinet has cleared a proposal to give loans to women self-help groups (SHGs) at 7% interest rate, cheaper than the existing 11.5-14%, bringing the cost of loans on a par with those given to farmers. SHGs that repay loans within the stipulated period will be eligible for loans at...

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Climate change meeting begins in Bonn -Indrajit Bose

-Down to Earth New deal must not attempt to rewrite or reinterpret the Convention, say developing countries The second session of the ADP, acronym for Ad hoc Working Group on Durban Platform, began in Bonn on April 29, 2013. At the opening session, countries outlined their positions on what they expect of the global deal on climate change, to be decided in 2015 and which will be implemented from 2020. The ADP, which...

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