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A Dangerous Bill on Banks: Where Depositors Are Made to Pay For Corporate Defaulters -Prabhat Patnaik

-TheCitizen.in FRDI BIll will do irreparable damage to yet another institution of Indian economy NEW DELHI: The BJP government, it appears, cannot remain content without inflicting irreparable damage on the institutions of the Indian economy. Its latest move in this direction is the Financial Resolution and Deposit Insurance (FRDI) Bill which was introduced in Parliament on the last day of the winter session and is now with a Select Committee. What this Bill...

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Why ABBA must go: on Aadhaar -Reetika Khera

-The Hindu Aadhaar-based Biometric Authentication does nothing in the battle against graft — there are better alternatives In a sickening way, October 2017 was like October 2002. Fifteen years ago, in Rajasthan’s Baran and Udaipur districts, there was a spate of starvation deaths. The government of the time made up fanciful stories to deny that the deaths had anything to do with hunger or government failure. In October 2017, the death of an 11-year-old...

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Where Do Nepal and Bhutan Stand One Year After Demonetisation? -Devirupa Mitra

-TheWire.in While Nepal is still awaiting a way to return the banned notes, Bhutan has curbed the use of the new high-denomination notes. New Delhi: When Prime Minister Narendra Modi announced that India would demonetise over 80% of its bank notes on November 8, 2016, two neighbouring nations were also taken by surprise. Nepal and Bhutan both have significant reserves and usage of Indian currency, with the latter giving it the status of...

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Jean Dreze, development economist, interviewed by Santwana Bhattacharya (The New Indian Express)

-The New Indian Express NEW DELHI: Amid controversial reports of hunger deaths in Jharkhand due to PDS beneficiaries being turned away, economist Jean Dreze says that even official records show that a significant proportion of people are being deprived of food rations every month. In an interview with New Sunday Express, the prime mover behind the NREGA welfare scheme said “this does not mean that Aadhaar is solely responsible for the failures...

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Government pays little heed to NREGA workers' demands

-Press release from NREGA Sangharsh Morcha For the past five days, hundreds of National Rural Employment Guarantee Act (NREGA) workers and their supporters from across the country have gathered at Jantar Mantar to demand the implementation of the employment guarantee act in letter and spirit. They are demanding a substantial increase in the NREGA wages, timely payment of wages, implementation of local plans, expansion of existing entitlements and adequate budget for...

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