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Only 106 cops per 1 lakh Indians -Deeptiman Tiwary

-The Times of India NEW DELHI: At a time when people feel increasingly unsafe on the streets and spectre of terror attacks keeps security agencies on the toes, India stares at an abysmal police - population ratio of 106 policemen per one lakh people - less than half of the UN recommended figure of 222. Even at the senior level, 1093 IPS posts are lying vacant, according to the latest government...

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Big car error

-The Business Standard Interim Budget's partiality to sports utility vehicles   The interim Budget's decision to cut the excise duty on sports utility vehicles, or SUVs, from 30 per cent to 24 per cent will certainly benefit car makers (they have already reduced their price tags), but it raises some pertinent questions. Last year, while presenting the Budget for 2013-14, Finance Minister P Chidambaram had raised the duty on SUVs from 27 per...

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RBI Report on Financial Inclusion: A Review-R Viswanathan

-Economic and Political Weekly   It is debatable if the report of the Reserve Bank of India's committee on comprehensive fi nancial services - the Nachiket Mor Committee - offers practical solutions for extending banking services to the Poorer sections of society and small businesses. The committee's recommendations are largely conceptual, and some of them could even have serious negative consequences. It is to be hoped that the RBI will examine all...

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Ruckus in Rajya Sabha over special aid package

-PTI Opposition parties on Friday disrupted Rajya Sabha demanding a special economic package for seven most backward states including Bihar, Odisha and Uttar Pradesh, leading to an adjournment of the House till noon. Raising the issue, Kiranmay Nanda (SP) said the Central government had failed to provide financial package to the seven most backward states identified in the Raghuram Rajan report. The Rajan panel had in September 2013 recommended a new index of...

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Checking a claim

-The Business Standard Making the agriculture growth story sustainable Finance Minister P Chidambaram's claim in his interim Budget speech of "stellar performance" of the agriculture sector is based on numbers, though it needs to be analysed from different perspectives to get a true picture. There is no doubt that agricultural gross domestic product may grow by 4.6 per cent this year. The past 10 years' average, too, may work out close to...

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