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Govt forms new panel on poverty

-The Hindustan Times The government on Thursday put the controversial poverty estimation in a deep freeze by appointing a new expert group to recommend a new estimation methodology aimed at linking government subsidies to poor. The group to be led by C Rangarajan, head of Prime Minister's Economic Advisory Council and having three others members is expected to submit its report in nine months, minister of planning Ashwini Kumar told reporters. However, not...

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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...

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Keeping India safe in cyberspace-Shivshankar Menon

There is need to find indigenous technologies and equipment to deal with this constant and undeclared threat There is increasing concern in the strategic community and the general public about cyber security and we are in the final stages of preparing a whole-of-government cyber security architecture. Our increasing dependence on cyberspace and the internet is evident. We had over 100 million internet users in India over two years ago. Add to this...

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Capital shuts door on Burmese refugees-Anahita Mukherji

Over 2000 impoverished Burmese asylum-seekers from across India, camping on the streets of Delhi pleading for refugee status were dealt a double whammy. On Tuesday afternoon, even as a delegation of Burmese met UN officials to sort out their problems, they were forced out of their temporary shelter in Vasant Kunj by police, dumped into buses and rickshaws and told to find their way home. To make matters worse, their...

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Just getting by

-The Economist UNDER a thatched roof, lit by a full, yellow moon, Shiv Kumari explains how she and her five children survive. She is a widow, 30 years old, living in a home made of packed mud. She works the nearby fields, draws a small pension, some food rations and gets a few days of paid labour each month from a rural make-work scheme. Semra village, made up of 70 households, most...

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