-The Times of India The Supreme Court on Monday wanted to know from Andaman & Nicobar Island administration whether it intended to keep in isolation the extremely endangered Jarawa tribe, which numbered just over 300, and banned all tourist movement in their habitat. "We need to know the policy of the government. Whether they want the Jarawas to be kept in isolation or to be assimilated in the mainstream," asked a bench...
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Gujarat assembly now a crorepati club
-The Times of India AHMEDABAD: The 13th Gujarat assembly, which is meeting for the first time on Tuesday, is the No. 1 crorepati club. While the present Lok Sabha has 58 per cent crorepati MPs and the Rajya Sabha 65 per cent, the state assembly has 74 per cent, or 134 of the 182 MLAs have assets of Rs 1 crore or more. The last state assembly constituted in 2007, had...
More »Black Money could account for 10% of GDP: Study -Pradeep Thakur
-The Times of India A study commissioned by the government last year on quantifying black Money generated in the country has estimated that the illicit wealth is likely to exceed 10% of GDP or anywhere above Rs 10 lakh crore, given the size of the economy. The 1,000-page report was submitted to the finance ministry by the National Institute of Public Finance and Policy (NIPFP) in the last week of December. The...
More »Government pushes banks to go rural, but will it pay?-Swati Pandey and Rajendra Jadhav
-Reuters RANCHHODPURA, India (Reuters) - Working out of a tiny rented room furnished with a wooden table, small biometric authentication machine and shelf stacked with passbooks, Ganesh Dangi is a one-man bank for a village of 650 people in northwestern Rajasthan. A business correspondent, or local representative, for State Bank of Bikaner and Jaipur (SBBJ) in Ranchhodpura village, 40 km (25 miles) east of Udaipur, Dangi is racing to sign up villagers...
More »Business by other means -Ajoy Ashirwad Mahaprashasta
-Frontine Walmart’s disclosure that it spent huge amounts of Money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...
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