The group needs to rustle up Rs 5,000 crore in cash and an equal amount in bank guarantees for bail.
A left-leaning centralised socialist model has created a shortage/entitlement economy. In fact one of the reasons for India's limited progress is that post-independent India is at odds with its true nature. It is something that educated right of centre Hindus are trying to correct, says Sanjeev Nayyar.
'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.
Anshu Gupta, the founder of Goonj, has transformed the culture of giving in the country. He has for 15 years now, worked tirelessly to bridge the gap between the haves and the have-nots, by making discarded materials a resource for the poor. His weapon, he says, is 'cloth as a tool of social change.'
Finance Minister Arun Jaitley said the inflation index would determine the nominal growth figure, and it is better to set modest targets and outperform them.
'These are only passing clouds. The banking industry is a century-old industry and this is not the first time it is going through such a crisis.' 'When the economy revives, those companies that are in the infrastructure fields will also get revived.' 'After all, a lot of money has gone into creating assets like power projects and roads, so you can't say money has been wasted.'
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
Few top honchos of India Inc did very well in 2014.
Indian economy about to take-off
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