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Legislative impropriety

-Business Standard FCRA amendment raises questions about ethical governance The little-noticed announcement in the Finance Bill to retrospectively amend a clause in the Foreign Contribution Regulation Act (FCRA) does little to enhance the government's reputation for ethical governance. The amendment, to apply from 2010, will mean that donations to political parties by Indian companies with foreign direct investment within mandated sectoral limits will no longer be considered "foreign contributions". The FCRA bans...

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Rains may break 2-yr El Nino jinx

-Business Standard After a hotter than usual summer, a better monsoon would boost agriculture, rural demand Reserve Bank of India Governor Raghuram Rajan's hopes of a normal monsoon this year - after two back-to-back droughts - to boost rural demand could be fulfilled. Though the summer is expected to be hotter than usual, global and domestic forecasts point to good rains this year. Officials of both the weather department and private forecasters said the...

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Vaccine drive

-The Telegraph New Delhi: The Union health ministry will on Thursday launch the third phase of a vaccination campaign to cover an estimated 36 lakh children in 216 districts across India who have never received vaccines or remain partially immunised. The campaign designed to immunise children against seven vaccine-preventable diseases - diphtheria, whooping cough, tetanus, polio, tuberculosis, measles and hepatitis-B - will focus on areas dogged by irregular or poor routine immunisation...

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Will Delhi’s odd-even rule work? -Manas Paul, Parijat Upadhyay, and Boishampayan Chatterjee

-The Hindu Business Line It can, with the right approach and changed mind-sets. Tackling pollution’s a bigger issue   The odd-even formula is to be tried out once again in April, after its initial trial implementation in January this year. Repeated pilot testing assumes importance as an attempt to initiate behavioural change, making it acceptable before its permanent enforcement over time. If this is so, two obvious questions arise: How effective is the current...

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Last-mile connectivity a bane for Jan Dhan scheme -Nitin Sethi & Ishan Bakshi

-Business Standard Only 47 per cent of the people with PMJDY accounts have received their RuPay debit cards, while these have been issued to 85 per cent of the beneficiaries Last-mile connectivity pangs have hobbled the Pradhan Mantri Jan Dhan Yojna (PMJDY) in several ways, according to a study by MicroSave for the finance ministry. The scheme has helped improve financial inclusion. But insufficient income for banking correspondents (BCs) and a deficiency in...

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