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Setting an example

-The Hindu Convinced that the International Thermonuclear Experimental Reactor (ITER) installation is safe, the French government recently granted the fusion project the necessary permission to start construction in Cadarache. There are many firsts to the project. Maintaining transparency has been one of ITER’s most significant features and organising an enquiry to give the public an opportunity to formulate its opinion has set a new benchmark for openness. Independent experts assessed the...

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No need for hype but certainly a hope-Jairam Ramesh and Varad Pande

-The Hindu The Direct Benefits Transfer Initiative is the real tool against corruption that will ensure that the welfare state doesn’t degenerate into a farewell state We are grateful to Narendar Pani (Editorial page, “Cashing in on schemes for poor,” November 29, 2012) and Bharat Bhatti and Madhulika Khanna (Editorial page, “Neither effective nor equitable,” December 4, 2012) for starting a useful debate on the United Progressive Alliance government’s Direct Benefits Transfer...

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RBI’s KYC guidelines: You can now open a bank account with just one document-Vivek Sharma

-MoneyLife.in The latest RBI KYC guidelines for opening new bank accounts make it a lot easier for common man as only one document would suffice as proof of identity and proof of residence   The Reserve Bank of India (RBI) has come with modifications in KYC (Know Your Customer) guidelines. These modifications have been introduced as per the circular date 10 December 2012 (RBI/2012-13/322 DBOD.AML.BC. No. 65/14.01.001/2012-13). It is Important to note that...

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Walmart lobbyist was hired by India for n-deal-Shubhajit Roy

-The Indian Express Patton Boggs, one of the lobbying firms which represented global retail chain Walmart, was hired by the Indian embassy in the US in 2008 to help clinch the India-US nuclear deal. News of Walmart spending Rs 125 crore in the last four years to lobby with US lawmakers disrupted the Rajya Sabha Monday, with MPs alleging that the company had indulged in corruption to enter India. Patton Boggs’s web site...

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Wal-Mart row: Government ready for probe, Kamal Nath says

-The Times of India The government has said that it is ready to probe the Wal-Mart lobbying report. The government is also concerned about the disclosure and is open to an inquiry to know the truth, parliamentary affairs minister Kamal Nath told reporters outside Parliament on Tuesday. The BJP wants a time-bound judicial probe into the isues Earlier, the row resonated once again in the Parliament on Tuesday leading to adjournment of both the...

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