-Press release by Common Cause dated 27th August, 2019 New Delhi, August 27, 2019: Common Cause and Lokniti Programme of the Centre for the Study of Developing Societies (CSDS), launched the Status of Policing in India Report (SPIR) 2019 on the tough working conditions of the police in India at the India International Centre today. The release was followed by a panel discussion on ‘Indian Police and the Rule of...
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Land degradation: India to restore 50 lakh hectare of land by 2030
-PTI India will restore 50 lakh hectare of its degraded land by 2030, Union Environment Minister Prakash Javadekar said on Tuesday. Speaking ahead of the upcoming global conference on land desertification, the minister said 29 per cent land of India’s total geographical area is degraded which has to be restored and will be the agenda of the the summit. India is hosting the Conference of Parties (COP) 14 of the United...
More »Rediscovering development banks -R Nagaraj
-The Hindu The agenda to set up a development bank is a welcome initiative, but questions remain on its design Finance Minister Nirmala Sitharaman’s press conference on August 23, announcing a slew of measures to boost the economy and financial market sentiments, had an interesting idea. It was about setting up a development bank. Ms. Sitharaman said: “In order to improve access to long-term finance, it is proposed to establish an organisation to...
More »With stocks piling up, FCI is in deep trouble -Rajalakshmi Nirmal
-The Hindu Business Line Huge losses on procured grains and rising debt are a big concern FCI (Food Corporation of India) is sitting on a mountain of wheat and paddy. In January, the total stock of rice and wheat with FCI was 45.4 million tonnes. This increased to 46.3 million tonnes by April and touched 62.2 million tonnes in May. In July, the stock increased further to 74.2 million which was significantly...
More »Poor recoveries under IBC can derail Centre's Rs. 70,000-cr recap plan -Radhika Merwin
-The Hindu Business Line Barring few cases, large haircuts of 70-90 per cent are continuing to hurt banks While the Centre’s decision to frontload capital infusion of Rs 70,000 crore into PSBs has boosted sentiment, unless there is quick resolution of large accounts under IBC, this may achieve little. What is of more concern, is the paltry amount that banks have been realising from the resolution of accounts under IBC. A look at...
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