Financial sector stalwart and HDFC chairman Deepak Parekh speaks on bureaucracy, judiciary, lobbying and other issues. Excerpts from an interview: What makes Deepak Parekh the man at whom the government look up to in the time of crisis? There are many points of views always and there are differences of opinion. Ultimately decisions have to be taken in life
India may be touted as one of the most-preferred medical tourism destinations in the world but a report highlighting its poor surgical facilities may take some of the shine off. A recent study shows that the surgical facilities in India and Pakistan are very poor, as two countries have just 1.3 OTs per 100,000 people. There is an acute absence of basic surgical equipments in the operat
Delhi is the amongst the worst cities in the world when it comes to traffic, says a IBM study - the ‘Commuter Pain Study’. The study says that bad traffic affects the productivity of nearly 40 percent of the city`s commuters adversely. The traffic congestion in cities across the world has increased in the last three years, the study noted. Beijing and Mexico
Money seems to have lost its shock value. Even in a country where 80% of the population lives on less than $2 or Rs 95 a day as per World Bank estimates. Else, why wouldn’t anybody be surprised over the Rs 9 lakh (some papers reported Rs 2 lakh) that the Nagaland home minister Imkong L Imchen was reportedly found carrying in a suitcase at Kathmandu airport? The media duly reported that th
India as well as other countries in the Himalayan river basins - China, Bangladesh and Nepal will suffer huge depletion in water availability on per capita cubic metre basis, says a report. “India is going to face per capita decline from 1730 to 1240, while in China water availability will decline from 2150 to 1860, from 7320 to 5700 in case of Bangladesh and for Nepal it i
It is very sad and alarming to note that only 1,411 tigers are left in the country. Ever since the government came out with the figures, people all over the country have been doing all they can to raise awareness. In fact, most of the tigers die in the rural areas near the national wildlife parks. Does this mean that the forest departments are not able to take care of them? Our needs for skin,
North Indian states - Punjab, Madhya Pradesh, West Uttar Pradesh, Haryana and Delhi figured among the worst scorers on the Female Security Index (FSI), says a report. This, despite Punjab, Haryana, and Delhi being top-rankers in the ‘Well Being Index’ (WBI) category in the same report. The report also mentioned “some of the states having distr
A news report, in Deccan Herald on Monday, that Tata Consultancy Services (TCS) may be about to lose the Rs 1,000 crore Passport Seva Project (PSP) came as a shocker to the entire e-governance community. If it comes true, the development would spell the failure of the second major Mission Mode Project in the
The conduct rules of all government employees, in our country, mandate, that they shall maintain, absolute integrity in their functioning. Unfortunately the conduct rules, which are very unambiguous have been violated both in spirit and letters, both by the bureaucrats and political masters. Indeed, it might appear surprising, that five months, after the Secretaries Committee, de
At Wazirpur village, honour is a flighty commodity. Lost if your sister gets married on her own. And it is reclaimed if your relatives and friends hail that sister`s murder at your hands, on camera. A brother-in-law shot dead is also thrown in as icing. Because, in the fringes of the national capital this has come to mean `honour`. When one was barely done being outraged by the
India is home to 42.4 million widows, most of them living in deplorable conditions, said a report prepared by the Loomba Foundation. The report has also revealed that ‘many of these women and their children are malnourished, exposed to disease, and subjected to slavery.’ According to the report, “the countries with the highest number of widows in 2010 were China with 4
New drugs enter the market every new day and make their way to new markets mainly in developing countries, says a report released by the United Nations Office on Drugs and Crime (UNODC). Lax regulations, populations in economic transition let drug abuse flourish in such countries. “The global number of people using amphetamine-type stimulants (ATS) – estimated at arou
Jean Drèze is one of those development economists who have gone way beyond classrooms and seminars and helped shape policies. He has worked with Amartya Sen as well as served as a member of the previous National Advisory Council. Drèze shared his views on food security with Prasanna Mohanty. Are you in favour of direct cas
Will India achieve the Millennium Development Goals (MDGs) by the 2015 deadline? It certainly does not look so, says a report of an UN study, With only five years left for the target year, the report says that the South Asia is not expected to eradicate poverty in half by 2015. According to Millennium Development Goals Report 2010, India is expected to reduce its poverty rate from 51 percent in
The UPA II in the first year has failed to live up to people’s expectations said the rejoinder to the government’s report card. Signaling out price rise on all commodities, which hit the common people the most, it notes "‘unfortunately, the government did not do anything to curb prices and the situation kept on worsening." `Rejoinder to Government&rsqu
While the anti-Maoist security drive is making big news, a development initiative is underway quietly, without much public debate and away from the media glare--an initiative that may go a long way in addressing the development concerns of the tribals and help in weaning them away from the ultras. This comes in the form of a legislative move which seeks to actually make them stakeholders
Despite Pakistani government’s tall claims about reining the terror structure in the country, it continues to grow, as its leaders continue to support militancy as a tool of its foreign and domestic policy, says a new US study. The study done by the prestigious think tank Rand says that a rising number of terror plots in the United States have links to Pakistan. “The militan
The UB’s group chairman Vijay Mallya is the richest person with Rs 615 crore net worth to enter the Rajya Sabha in the recently concluded elections for 55 seats. He also admitted to having criminal cases against him. “Dr Vijay Mallya (IND from Karnataka) has declared cases related to FERA act and cheating and dishonesty pending against him,” said the survey conducted by Associ
In recent years the love affair of the public with the higher judiciary seems to be coming to an end. From tainted judges to resisting the public declaration of assets, the role of the higher judiciary has come under intense scrutiny. The common perception is that the judges are retreating behind a cloak of secrecy and refusing to abide by the very standards that they set for others. This is qu
All of us have a Right to Livelihood. Millions of us are without one. We have a Right to Education. About half the country is illiterate. Tribals have a Right to Forest Land. Acres of forests are disappearing. We really don’t know the right figures but anywhere between 27 percent to 77 percent of the country is poor, craving for food. About 46 percent of our childr
