-The Economic Times MUMBAI: The Reserve Bank of India has revised the definition of priority sector to include corporates engaged in agriculture and allied activities, and amended the limits for certain categories. In a circular issued to commercial banks on Wednesday, the RBI has clarified that loans to corporates, including companies formed by individual farmers, partnership firms and co-operatives of farmers directly engaged in agriculture and allied activities, will now be considered...
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Delhi, Mumbai far from being world class cities, says UN -Dipak Kumar Dash
-The Times of India India's two top metros, Mumbai and Delhi, still lack what it takes to be world class cities. In a United Nations report on world's cities, India's financial capital ranked 52 among 95 cities while the political capital came in 58th. The State of World's Cities report released by UN Habitat on Wednesday, ranked cities on five parameters of "prosperity". While Shanghai, Beijing and Bangkok were all ranked higher...
More »Senior official probing Vadra-DLF land deal shunted out
-The Hindu A top official in the Haryana government’s land registration department was transferred hours after he initiated a probe into all the land dealings of Robert Vadra, son-in-law of Congress president Sonia Gandhi, in four districts of the State neighbouring Delhi, The Hindu can disclose. The transfer order came on October 11, 2012 — even as the country was still digesting the allegations made by India Against Corruption of a nexus...
More »True Progressivism
-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....
More »A loo of one’s own -Farah Naqvi
-The Hindu For much of India, toilets are all about an issue of sanitation, health, privacy and dignity, and gender rights Let’s forget about what Union Minister for Rural Development Jairam Ramesh said and focus on what he is trying to do. It is not an easy campaign to launch and run. Imagine someone asking what do you do? And having to answer, I promote toilets — toilet construction and toilet use....
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