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Govt plans merger of more regional rural banks by AJ Vinayak

Following a move by the Central Government to further amalgamate regional rural banks (RRBs) in the country, employee unions are demanding the formation of a National Rural Bank of India (NRBI), by amalgamating all RRBs and de-linking of RRBs from the sponsor banks. Ministry view In a letter dated November 28 to the chairmen of sponsor banks of RRBs, the Department of Financial Services, Ministry of Finance, said that currently there are...

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RBI wants stay on CIC order on Panipat resident's RTI plea by Anita Singh

Reluctant to reveal the names of top 100 bank loan defaulter businessmen of the country, the Reserve Bank of India (RBI) has filed a petition in the Delhi High Court, seeking a stay on the orders passed by the Central Information Commission (CIC). On November 15, CIC, while deciding a petition filed by local RTI activist P P Kapoor, had directed the RBI to provide him the names of defaulters by...

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RTI appeals pile up as pleas to fill vacant posts fall on deaf ears by Prajakta Chavan

-The Hindustan Times   Nearly 20,000 Right to Information (RTI) appeals concerning central ministries are waiting to be disposed but there just aren't enough hands to do the job. Chief central information commissioner Satyananda Mishra has written at least two letters to the Prime Minister's Office (PMO) asking for the five vacancies to the post of chief information commissioner be filled up, but to no avail. The RTI Act has sanctioned 10 information...

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Women Turn Waste Into Wealth by KS Harikrishnan

 Standing on the shimmering white beach and gazing out at the turquoise blue waters of the Arabian sea, it is hard to believe that a decade ago this international tourist destination was under siege by mounting heaps of garbage. But Kovalam, about 12 km north of Thiruvananthapuram, capital of southern Kerala state, has been declared a ‘zero waste area’ by a women’s self-help group (SHG) which is engaged in recycling waste...

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Lopsided growth by Venkitesh Ramakrishnan

U.P.'s GDP grew at 7.28 per cent in the past five years, but the State ranks low in virtually every area of socio-economic development. IF statistics on gross domestic product (GDP) are the only criteria to evaluate the performance of a government, the Mayawati-led Bahujan Samaj Party (BSP) government in Uttar Pradesh will have to be rated as one with highly impressive credentials. For, India's most populous State has recorded a...

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