-The Financial Express Not very long ago—indeed, in July this year—the government had insisted that MGNREGA, as per the findings of independent studies, had helped reduce seasonal migration. To a question on what the government was doing to stop distress migration, the junior minister for rural development, Ram Kripal Yadav, had told the Rajya Sabha that the government has increased the number of guaranteed days of work under the rural jobs...
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Compensatory Afforestation Fund Act is Hurting Forest Communities, Says Petition -Gaurav Vivek Bhatnagar
-TheWire.in Rights groups tell parliamentary panel that even though late environment minister Anil Dave had assured that concerns would be addressed, rules have still not been framed. New Delhi: Civil society organisations working on environmental conservation have petitioned the parliamentary commission, asking for the repeal or amending of the Compensatory Afforestation Fund Act 2016 (CAF Act) to ensure its compliance with the Forest Rights Act (FRA) . Coming together under the banner of...
More »Farmer's suicide numbers drop for second consecutive year in six districts: Govt data
-The Indian Express Yavatmal, known to be the suicide capital of Vidarbha, has also shown a drop from last year’s 272 to 225 this year. The district had registered 386 suicides in 2015, an all time record for any district. Nagpur: Even as the ruling and Opposition parties slug it out in the state legislative Assembly, and outside, over farmers’ suicide, government statistics have shown a trend of decreasing numbers for the...
More »FRDI Bill: Dispelling some myths about bail-in and other issues to allay depositors' concerns -Shohini Sengupta
-Firstpost.com The Financial Resolution and Deposit Insurance (FRDI) Bill proposes to create a framework for overseeing financial institutions such as banks, insurance companies, non-banking financial services (NBFC) companies and stock exchanges in case of insolvency. The 'Resolution Corporation', proposed in the draft bill, would look after the process and prevent the banks from going bankrupt. It would do this by "writing down of the liabilities", a phrase some have interpreted as a...
More »Income inequality in India worsens, but slower than Russia and China: report -Gireesh Chandra Prasad
-Livemint.com Income inequality in India has risen over the last three decades and a half with the top 10% of earners cornering 55% of the national income in 2016, says report New Delhi: Income inequality in India has worsened over the past three-and-a-half decades and the top 10% of earners now corner more than half of the country’s national income in 2016. Their share was 30% of the national income in 1980,...
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