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Total Matching Records found : 489

A bonfire of vanities

Politicians, business persons, civil servants, a range of Professionals, including doctors and organisers of sports events, and even the judiciary have been in the media spotlight on charges of corruption, nepotism, sleaze and worse. It was to be only a matter of time before the media and media Professionals came under public scrutiny for similar acts of omission and commission. The expose on paid news content in the media was...

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Black swan in micro-finance by Ajit Ranade

The SKS IPO and the Andhra Pradesh ordinance have suddenly changed everything. Will it be the death knell or will it usher in a reformed and healthy industry? There are three basic facts about micro-finance in India. First, most of what is described as micro-finance industry is actually micro-loans. There is hardly any provision of micro-savings, micro-investments, micro-insurance or micro-pensions. This is mostly because of regulatory reasons, i.e. accepting money...

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Marginalized communities cry for dignity by Himanshi Dhawan

India may well be on its way to becoming a superpower, but for millions of marginalized communities — transgenders, female sex workers, men having sex with men (MSM), intravenous drug users (IDUs) — the struggle to live a life with dignity and respect continues. These communities face an uphill battle for a government recognised identity card cutting access to nearly all welfare schemes. Representatives from 20 NGOs and community based...

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In Gujarat, e-literate paanwala googles NREGS, stumbles on Rs 1-crore scam

A newly e-literate village paanwala's obsession with Google has blown the lid off a unique NREGS scam in Porbandar. The motley bunch of beneficiaries include affluent NRIs, doctors, government officials, teachers and well-off farmers — all shown as unemployed village labourers holding NREGS job cards. So far, the money siphoned off comes to nearly Rs 1 crore. On paper, there are 963 NREGS job cardholders at Kotda village in Kutiyana taluka...

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Black money became a reality in realty sector by Nauzer K Bharucha

We are a cash-rich company run by Professionals,” says a smarmy 30-something Mumbai-based head of a leading real estate company. His company’s exponential growth in the span of just five years has raised eyebrows in industry and banking circles. The reasons are clear. The company is known to have tremendous clout in the corridors of power and with the builders’ lobby. It is backed by several important politicians in Mumbai and...

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