It would be great if the enthusiasm on the financial inclusion agenda gets a pause from the frantic do-gooders . Too many people appear to be enthusiastic about serving the poor - and the kindness is killing. Back in 1956, we discovered that cooperatives were a great instrument to reach out to the poor. These were peoples' institutions, local and would be responsive to the problems of their members. A set of...

When the fledgling Indian government drafted its higher education policy after Independence, it formed two separate tiers for teaching and research: colleges and universities in one, exclusive research establishments in the other. The intention was of the noblest, to deploy our best talent exclusively to create an indigenous knowledge pool; in particular, to provide research input for the nation’s development. Sixty years down the line, the outcome has patently failed those...

The 'Food Security' Bill falls flat as its content does not match its aspirations A disconnect runs through the nomenclature, preamble, objectives and content of the National Food Security Bill, 2011. The Preamble goes beyond the Title and states that the Bill provides “for food and nutritional security in human life cycle approach, by ensuring access to adequate quantity of quality food at affordable price….” Even on cursory reading, it is...

-Rediff.com Press Council Chairman Justice Markandey Katju on Saturday said anti-corruption activist Anna Hazare lacks the scientific ideas that are needed to solve the problem of graft. The PCI chairman also took a dig at the media for "hyping" up issues such as the 100th century of Sachin Tendulkar, retirement of Rahul Dravid, pregnancy of Aishwarya Rai Bachchan and death of film star Dev Anand. "This Anna Hazare movement, I have not spoken...

One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...