-The Times of India BENGALURU: Officially, about two women were harassed at their workplace in India every day so far in 2017, with the National Commission for Women (NCW) receiving an average of 1.7 complaints per day. In the 316 days between January 1 and December 12, the commission received 539 complaints, 60% of which were from five states: Uttar Pradesh, Delhi, Maharashtra, Madhya Pradesh and Haryana. However, the cases reported to...
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Needs a rethink
-The Hindu Business Line The Centre and the JPC must allay depositor concerns on bail-in, in the FRDI Bill There is furious public debate around the Financial Resolution and Deposit Insurance (FRDI) Bill tabled in August and now under the scrutiny of a Joint Parliamentary Committee. The Bill seeks to lay down a clear resolution mechanism for banks and financial firms in the case of default and this is welcome. But there’s...
More »19,732 projects under Saansad Adarsh Gram Yojana completed
-IANS NEW DELHI: As many as 19,732 projects as part of the village development plan under the Saansad Adarsh Gram Yojana (SAGY) have been completed and another 7,204 were under implementation, an official statement said on Tuesday. The objective of the programme is improving access to public services and community action for social and economic development in the selected gram panchayats so they become role models worth emulation by neighboring gram panchayats. "An...
More »Card transactions soar 84% in September 2017 to Rs 74,090 crore, says report
-PTI The study further said digital payment companies have seen a substantial jump in business following the government's push towards cashless transactions after the note-ban last November, and the major contributor to this growth was online payments. Mumbai: The debit and credit card transactions have jumped to Rs 74,090 crore in September this year, up a hefty 84 per cent as compared to the same month last year when it stood...
More »Loan waiver is not the solution -Anjani Kumar and Seema Bathla
-The Hindu We need to revisit the credit policy with a focus on the outreach of banks and financial inclusion Since Independence, one of the primary objectives of India’s agricultural policy has been to improve farmers’ access to institutional credit and reduce their dependence on informal credit. As informal sources of credit are mostly usurious, the government has improved the flow of adequate credit through the nationalisation of commercial banks, and the...
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