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Business/Economy |
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Warts and all, micro finance is working -
PN Vasudevan, Hindu
Though micro finance has existed in India for a long time, it has emerged as an organised sector only in the past decade or so. Micro finance is about giving small loans on reasonable terms to people, mostly women, from low income groups who do not have access to loans from banks. Most people from low income groups are self-employed and tiny loans help them meet the working capital needs of such activities, besides consumption smoothing.
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A paternalistic law -
Shruti Rajagopalan, Indian Express
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Inside the mind of Schmidt -
Alan Rusbridger, Hindustan Times
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The chit fund meltdown -
Sumanta Ray Chaudhuri, Hindustan Times
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Panel slams PC for unreal nos -
Times of India
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All coal blocks awarded after 1993 illegal: Panel -
Sanjay Dutta & Mohua Chatterjee, Times of India
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Notice to Centre on Tamil Nadu's plea for setting up of Cauvery Board -
J Venkatesan, Hindu
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The much-required bitter pill -
Atul Chandra, Financial Express
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Free the skies for India too -
Kushan Mitra, Pioneer
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Are we missing the big picture? -
Sidharth Birla, Financial Express
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Coming full circle on insurance -
Tapen Sinha, Indian Express
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Time is running out for the power sector -
Vikram Limaye, Mint
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JPC report contradicts SC findings in 2G scam -
Shalini Singh, Hindu
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Swiss bank connection in M&A deals -
Sachin P Mampatta, Business Standard
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New procurement policy to boost India's self-reliance in arms -
Ajai Shukla, Business Standard
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FAA okays resumption of Dreamliner aircraft -
PTI
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Manna from heaven, or a new recession? -
SA Aiyar, Times of India
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Time for some ground work -
Sumit Mazumder, Business Line
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Cong vs Cong: Centre, AP govt in mining row -
Subodh Ghildiyal, Times of India
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CAG report: Cost of 242 water projects in Maharashtra up by Rs 26,000 cr, none completed -
Indian Express
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Why property is biggest con-job on investors -
R Jagannathan, Money Control
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We still live in the dark ages... -
Mitul Thakkar, Economic Times
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For whom the road tolls -
MP Pinto, Business Standard
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SC allows 18 more Karnataka mines to resume operations -
Business Standard
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Land Acquisition bill: India a step closer to a new land law -
Liz Mathew & Elizabeth Roche, Mint
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Drilling holes in the Thirst Economy -
P Sainath, Hindu
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Verbatim |
 There was for years an old "social contract" between politicians and business. This provided for complex rules and regulations that made it impossible to do business honestly in many fields. But it was possible to do business dishonestly, through pay-offs . Some called this "efficient corruption" : politicians took money and delivered clearances. However, the anti-corruption mood of the courts, and new fears of getting caught (like Pawan Bansal) have ended "efficient corruption" . Politicians may still take money but not deliver on clearances , what some call "inefficient corruption" that freezes investment and growth. The old social contract has broken down.
Swaminathan SA Aiyar |
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Split with Nitish will only boost BJP in Bihar -
K Balakrishnan, LensOnNews
WITH THE BJP seemingly decided on projecting Narendra Modi as its PM candidate and its close ally Nitish Kumar of JD(U) equally firm in his opposition to the idea, a split in the NDA alliance looks inevitable; most observers think it’s not a question of if, but when. |
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