-The Economic Times, The Cabinet has cleared a proposed Bill empowering the Reserve Bank of India (RBI) to regulate all microfinance institutions (MFIs). A central legislation makes sense only to the extent that it over-rides draconian state-level laws. However, the Bill suffers from many infirmities. And it is unfortunate that these have been overlooked. The law, if enacted, is likely to kill small MFIs and hurt the sector that is struggling...

-The Hindu Unnerved by the Indian stand, IT monopolies are propagating the myth that a multilateral governance structure will kill the decentralised, multi-stakeholder nature of the Internet and lead to ‘government control' Last year, in a statement to the U.N. General Assembly, India sought the creation of a U.N. Committee on Internet-Related Policies (CIRP) in order to democratise global Internet governance, which at present is either U.S.-controlled, or subject to the policies...

Empower school principals to truly deliver education to India The Right to Education (RTE) law, and the subsequent Supreme Court judgment, has focused attention on the future of school education in India. The judgment on the provision that requires private schools to offer 25 per cent of their seats to economically weaker sections opens new opportunities for the poor, and that is welcome. But in our fiercely hierarchical society, class-conscious...

The IT (Intermediaries Guidelines) Rules, drafted to protect intermediaries, now appear to be a tool that can be used to harass them. EIGHT years ago, the chief executive officer of an auction portal was put behind bars because a user put an obscene MMS clip up for sale on the site. This sparked a demand from intermediaries, the entities that provide services enabling the delivery of online content to end-users,...

-The Times of India India's space agency Isro bent rules for private firm Devas to sign a deal for multimedia services, projecting a paltry Rs 1,120 crore revenue over a 12-year period that would not even have covered the cost of launching two satellites for the promised service, the Comptroller and Auditor General (CAG) has said.  In a report submitted to Parliament on Tuesday, the official auditor gave the Prime Minister's Office...