What stops the government from using good harvests to reduce, if not eliminate, hunger? For ordinary folk, a 3 per cent increase in food grain production over that of last year, combined with strong procurement operations and good buffer stocks of rice and wheat would be a cause for some celebration. It would be seen as an opportunity to tackle the widespread food insecurity that exists in India today. Instead, we...
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Microfinance Bill will regulate the sector to death, to the joy of moneylenders
-The Economic Times, The Cabinet has cleared a proposed Bill empowering the Reserve Bank of India (RBI) to regulate all microfinance institutions (MFIs). A central legislation makes sense only to the extent that it over-rides draconian state-level laws. However, the Bill suffers from many infirmities. And it is unfortunate that these have been overlooked. The law, if enacted, is likely to kill small MFIs and hurt the sector that is struggling...
More »UPA struggles to put life into annual report-Sanjay K Jha
The UPA II’s third anniversary on May 22 may witness a repackaging of old schemes, promises and achievements in the “Report to the people” as the government has little to show for 2011-12. Sources say the 13-chapter report struggles to contest the perception of policy paralysis by pointing out social-sector initiatives based primarily on welfare schemes launched during the UPA I regime or in the first year of UPA II. The government...
More »In another era, a wit that pulled no punches-Mushirul Hasan
The colonial government took a liberal view of the merciless lampooning that it received at the hands of cartoonists in the Indian press A cartoon is a written expression of the comic impulse, and the cartoonist is an artisan of nib and brush who puts down complex processes of reason and argument in drawings and picTures. His impact is that readers sit up, smile, frown, or simply laugh. In short, cartoons...
More »Parliament's stand on Ambedkar cartoon disTurbing: Panikkar-G Krishnakumar
Parliament hurriedly intervened in the issue that called for more serious thought Renowned historian K.N. Panikkar on Wednesday said that the stand taken by Parliament in the controversy over a cartoon on B.R. Ambedkar was disTurbing as it rather hurriedly intervened in an issue that called for more serious thought. “The members of Parliament have reacted with rare unanimity and an unwarranted sense of outrage to the cartoon included in a textbook...
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