Bombay High Court today noted the rise in murderous attacks on social activists and asked the state police chief to report within a week what the government was doing to protect them. Yesterday, Right to Information (RTI) activist Satish Shetty, 38, was stabbed to death by two attackers close to his home at Talegaon Dabhade near Pune, where he had exposed a series of land Scams. Last week, two gunmen had fired...
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Jharkhand: Economic Growth for Whom? by Girish Mishra
As far as natural resources like minerals, land and water are concerned, Jharkhand is among the richest States of India. Yet, its people are among the poorest. Mind you, almost 30 per cent of them are tribal. Out of the total population of 288.46 lakhs, 223.1 lakhs live in rural areas and only 65.36 lakhs are urban dwellers. Even a cursory glance is sufficient to convince that most of the...
More »Of money, greed and risk-loving CEOs by Jayati Ghosh
This has been quite a decade for global corporate leaders, volatile not only in terms of their actual fortunes, but even more so with respect to the shifting perceptions of society. When the decade began, large corporations and those at their helm were at the peak of their power, flush with riches delivered by the dotcom boom in the US economy as well as the vast opportunities created by easier...
More »Ghost Lullabies by Chandrani Banerjee
* A Rs 350 crore scam has surfaced in the Rajiv Gandhi National Creche Scheme * Three organisations are being investigated by the vigilance department of the women WCD ministry for mismanagement and for running creches only on paper * The scheme was for children of women in the unorganised sector * The organisations maintained fake audits and balancesheets signed by CAs Nothing, it would seem, is sacred for Scamsters....
More »The case for Sugar Cooperatives' reform
There is substantial capacity in the cooperative sugar sector. Reform of the sector needs transparency, enforcement of prudential norms and effective governance. Multi State Cooperatives can now become Producer Companies under the Companies Act by the Second Amendment in 2002 based on a Draft Act prepared by a Committee I chaired. As far as possible conflict of interest, reporting norms and so on need enforcement for Cooperatives as in Company...
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