-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...
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SC strikes down ‘draconian’ Section 66A -Jayant Sriram
-The Hindu 'It invades right to free speech, every expression used in it is nebulous' Section 66A of the Information Technology Act is unconstitutional in its entirety, the Supreme Court ruled on Tuesday striking down a "draconian" provision that had led to the arrests of many people for posting content deemed to be "allegedly objectionable" on the Internet. "It is clear that Section 66A arbitrarily, excessively and disproportionately invades the right of free...
More »Overhaul brakes on insurance scheme for poor -M Saraswathy
-Business Standard Sector players await government's decision on future of Rashtriya Swasthya Bima Yojana The government-sponsored Rashtriya Swasthya Bima Yojana (RSBY) is set to undergo a overhaul with a proposal to have only public general insurers manage the scheme through a trust-like structure. Sources said the bids that would have been considered for new contracts have been left unopened as the stakeholders are awaiting the government's decision on its future progress. A senior public...
More »Free speech Ver.2.0 -Lawrence Liang
-The Hindu With its judgment to strike down a legal provision for violating freedom of speech, the Supreme Court has paved the way for thoughtful jurisprudence in the age of the Internet While describing Sec.124A of the IPC (sedition) as the "prince among the political sections designed to suppress the liberty of the citizen", Mahatma Gandhi offered us an ironic way of thinking about liberty-curbing laws through the metaphor of illegal tyrants....
More »Vasundhara Raje turns to MGNREGA as hailstorms cause devastation of crops across 26 districts -Akshay Deshmane
-The Economic Times NEW DELHI: Rajasthan Chief Minister Vasundhara Raje, who had demanded scrapping of the MGNREGA last year, has now turned to the same law for helping her tide over a crisis. With hailstorms causing massive devastation of crops in 26 of the total 33 districts in early March - and Congress president Sonia Gandhi coming down to join protests against the state administration - among the multiple relief packages...
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