India must not obsess with how fast its economy is growing and instead pay more attention to its human development indicators which are worse than even that of Bangladesh, Nobel prize-winning economist Amartya Sen said. Sen, known among his peers as the Conscience of Economics, said slower growth is not a good enough reason for national gloom. If India really must feel upset, it should be because the country is...
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Government to take states on board over food security bill
-IANS Still nursing the sting of ally Trinamool Congress opposing the Lokpal Bill in the Rajya Sabha citing issues of federal autonomy, the United Progressive Alliance ( UPA) government wants to take the states into confidence on Sonia Gandhi's dream project - the National Food security Bill, 2011. The bill was tabled in the Lok Sabha during the winter session of parliament last year and will now go to the standing committee...
More »Govt may bring multiple covers under one policy by Vrishti Beniwal
Single-premium plan likely to be only for women initially; Centre, states to share premium for economically weaker sections. Customers may soon get health, insurance and pension covers, as well as a scholarship for their daughter’s school education under one policy. The single-premium policy, which the finance ministry is considering, is likely to be available only for women in the first phase. The premium will be shared by the Centre and the state...
More »SC personal liberty sermon
-The Telegraph The Supreme Court has set aside a Manipur magistrate’s preventive detention order against a member of the banned Kanglei Yawol Kanna Lup group, saying it had been passed “casually” based on fears he might get bail. The top court ruled that such orders couldn’t be passed just because the state apprehended that an accused might get bail from normal criminal courts or because a person had been charged with a...
More »Micro ATM launched by UIDAI for daily wagers with Aadhaar
-The Financial Express The Unique Identification Authority of India (UIADI) has launched a micro ATM device that would enable beneficiaries like MG-NREGA workers with Aadhaar to withdraw money near their doors through core banking system. "The beneficiary has to put his finger and Aadhaar number in to the micro ATM wireless device and get the money within 8 to 9 seconds from a business correspondent after verification about the beneficiary having that...
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