early in april, the rbi surprised most financial sector watchers by granting a banking license to bandhan, a microlender with most of its operations in eastern india. in a story out today, my colleague atmadip and i take a closer look at this decision. and say that this is a high stakes experiment — for […]
Monthly Archives: April 2014
The last 60 days have not been good to India’s much-feted Aadhaar project. On the 30th of January, the UPA pressed the pause button on direct benefits transfer for cooking gas. On 26 February, the Mumbai High Court directed Aadhaar to share its biometrics database with the CBI. A year earlier, a seven year old […]
Even as the ministry of environment met its March 31 deadline to submit a plan to the Supreme Court for a new environment regulator, a set of academics, activists and environmental lawyers have weighed in with their own design. Concerned that the ministry version “would not meet the minimum standards of an independent regulatory authority”, […]