-Live Mint Lack of decentralization means municipalities lack power, resources to meet rising aspirations of ‘middle' India Othakadai, Madurai (Tamil Nadu)/Hubli (Karnataka): S. Paramasivam , president of the Othakadai panchayat, has big plans for his area. "Rainwater harvesting, removal of encroachments on roads, waste recycling, covered drainage, bigger primary health care centres and community parks," lists the 58-year-old, who has spent 30 years in the stainless steel business that dominates industry...

-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...

-The Hindustan Times   Even as the logjam in Parliament over ‘coalgate' and the JPC shows no sign of resolution, government managers moved ahead with two key social-sector bills - food security and land acquisition. The government has listed the food bill for discussion and passing on May 3 and the land bill for May 8. While the steps are seen more as the UPA's attempt to showcase its commitment towards its pending...

-The Financial Express Seven years after MGNREGA came into being, the CAG report tabled on Tuesday in Parliament paints a dismal picture of the UPA's flagship rural employment guarantee programme. According to the CAG, while employment generation fell from 54 days per household in FY10 to 43 days in FY12, states that account for 46% of the rural poor - Bihar, Maharashtra and UP - utilised only a fifth of the...

-The Hindu     ‘Crorepati'-politicians wear their wealth like a badge of honour Bangalore: With the new breed of "crorepati"-politicians wearing their wealth like a badge of honour, the old slogans of "Garibi Hatao" (remove poverty) have become passé. The rise in the prominence of moneybags from real estate, the private education sector, and industry in the city's political landscape has not only deflected social issues but it has also changed the benchmark for a...