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The banking woes of an “excluded” community by Vidya Subrahmaniam

Banks have designated red zones where the vast majority of Muslim clusters fall. This fact is confirmed by the rash of banking-related complaints received by the National Commission for Minorities. A little over a year ago, Ali Arshad, a resident of Okhla in Delhi, went to a well-known private sector bank to open a bank account. He thought his case would be fast-tracked because he had a banking background, he worked...

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Rich getting richer: 120k Indians hold a third of national income by Rukmini Shrinivasan

Last year may have been a cruel year for much of the country with slow growth and double-digit food inflation, but India's high net worth individuals (HNWIs) prospered — just over 120,000 in number, or 0.01% of the population, their combined worth is close to one-third of India's Gross National Income (GNI). HNWIs, in this context, are defined as those having investable assets of $1 million or more, excluding primary...

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SC refuses PIL seeking ban on same-gotra marriage by Dhananjay Mahapatra

The Supreme Court on Monday refused to entertain a PIL seeking an amendment in the Hindu marriage Act to ban marriages within the same gotra (sub caste). The apex court asked the petitioner to approach the Punjab and Haryana High Court for the same. Demanding amendment in the Hindu Marriage Act to prevent weddings within the same 'gotra' (sub caste), a delegation of Khap panchayats had met Haryana CM Bhupinder...

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NAC deals with new bills in first meet by Ruhi Tewari

The first meet of the newly constituted second National Advisory Council or NAC, which is expected to set the social agenda for the Congress-led United Progressive Alliance or UPA government, on Thursday laid down its broad agenda for its functioning. The discussions, which lasted for over three hours, revolved around crucial legislations such as the Food Security Bill, the Communal Harmony Bill and the Forest Rights Bill. The 14-member council later...

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UPA-II touts economic growth, 'new deal' with rural India

Prime Minister Manmohan Singh on Tuesday singled out resilience of the Indian economy in times of global meltdown as a signature achievement of UPA II's first year in office, and pushed for "new frontiers" in implementing the social inclusion agenda, including food security act and education for all. In a spirit of introspection, Manmohan Singh, however, admitted that soaring prices of basic commodities remained a source of concern and stressed that...

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