-Live Mint While natural disasters grab our attention, everyday events like illness drag most people into poverty In a small town of Gujarat, I met Chandibai, a woman, about 50 years of age. Fifteen years previously, her husband, Gokalji, had owned a general-purpose shop in the town centre. The family also owned a house and some agricultural land. In 1989, Gokalji developed an illness that confined him to bed, sometimes at home...
More »SEARCH RESULT
Officials who fail to take decisions on spending Plan funds should be penalised
-The Economic Times The trend in Plan spending so far is disheartening. Actual expenditure during the first five months of the current fiscal year amounted to about 28% of the budgeted spending of Rs 5,21,025 crore for this fiscal - the lowest proportion recorded over the last five years. Ministries and departments are said to be willing to surrender unspent Money, rather than take decisions that they fear could be questioned by...
More »The new political nexus-Sucheta Dalal
-MoneyLife.in If you were wondering why most of the recent major cases of corruption have not been exposed by opposition parties, especially the BJP, now you have the answer: they are all in it together. I am ready for any inquiry,” repeated Nitin Gadkari on every television channel where he brazenly defended the dubious shell companies and land allotment that propelled the growth of his ballooning ‘social entrepreneurship’. The irony is that Nitin...
More »Rail travel, govt services may cost more -Mahendra Kumar Singh & Sidhartha
-The Times of India Get ready to shell out more for your train journey and several other services provided by the government — from parcels to patents. Pawan Kumar Bansal, the new railway minister, on Monday hinted at an increase in passenger fares with a caveat that it was not meant to earn a profit for the state-run transporter. "Fares will not be increased for the sake of increasing fare. If fare...
More »Nuclear safety before vendor interests-MV Ramana and Suvrat Raju
-The Hindu The question that must be asked, is whether India is willing to compromise on its laws and the safety and rights of its citizens to protect the business interests of reactor suppliers In 2010, under pressure from multinational nuclear suppliers, the Manmohan Singh government pushed through a law to protect them from the consequences of a nuclear accident. The law makes it impossible for victims to sue the supplier, even...
More »