-The Hindu   Delhi Food and Supply Minister Haroon Yusuf on Wednesday launched the Electronic Public Distribution System (e-PDS) from a newly-constructed building for Circle Office of Food and Supplies Department at Gandhi Nagar in East Delhi. The Minister said the e-PDS system will reduce complaints of divergence and other corrupt practices. With the launch of this system, he said consumers would be able to get online information regarding their ration shops, availability...

Notification of rules is a step forward, but a lot more needs to be done A bunch of children selling toys at a traffic signal, small boys cleaning tables at restaurants or washing glasses at tea shops or little girls engaged as baby sitters – the effective implementation of the Right of Children to Free and Compulsory Education Act, 2009, will possibly make such instances a thing of the past. However, for...

-The Deccan Herald   In an attempt to usher transparency regarding functioning of the banking sector, the Central Information Commission on Friday directed the Reserve Bank of India (RBI) to reveal the details of Annual Financial Inspection (AFI) reports of banks and also the fines imposed on them based for violating rules. Direction to make public the annual inspection reports of banks was given by Information Commissioner Shailesh Gandhi while he overruled the...

Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...

The anti-corruption movement has enabled the Indian middle class to feel smug about itself. Its members have gone through a vast range of emotions during the last two decades, from self-hatred to self-righteousness. Liberalisation of the economy has created for this class an excitement of many kinds. It has meant the freedom to pursue the quest for wealth without guilt and, at the same time, it has meant feeling set...