-PTI FRDI Bill: Jaitley says no need to create fear psychosis, government will consider what panel recommends The Money of all depositors in public-sector banks will be protected and the level of protection will be “much higher than the level which existed till today,” Finance Minister Arun Jaitley told Lok Sabha Thursday. Talking about the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 during his reply to the debate on Supplementary...
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Legal Loopholes That Plague Land Titling in India -Karuna Maharaj
-TheWire.in The government needs to create a workable, inclusive system of land titling and records to allow land markets to function effectively and reduce judicial burden. Land is one of the most litigatious and controversial subjects in India. The lack of a proper system to maintain land records and provide persons with conclusive titles results in frequent and long drawn legal conflicts. Determining who the unchallenged land owner continues to be is...
More »China accounts for 66 per cent of India's bulk drug imports in FY'17
-PTI NEW DELHI: India's bulk drug imports from top five countries stood at Rs 18,372.54 crore in 2016-17 with China accounting for 66 per cent, Parliament was informed today. In a written reply in Lok Sabha, Minister of State, Chemicals and Fertilisers Mansukh L Mandaviya said the other four major countries from where India imports bulk drugs are Germany, the US, Italy and Singapore. India's import of active pharmaceutical ingredients (API) from China...
More »FRDI: Grossly at Odds with the Indian Financial System -Sucheta Dalal
-MoneyLife.in The government’s penchant for painting all legitimate questions about its faulty policy-making as scaremongering or anti-national is getting rather irksome. Prime minister Narendra Modi (at the FICCI annual general meeting) and finance minister Arun Jaitley have both responded to fears over the implications of the Financial Resolution and Deposit Insurance Bill (FRDI Bill) , 2017, by lashing out at critics and reassuring people that the government will protect bank deposits....
More »Don't criminalise instant triple talaq: women's groups to government -Shalini Nair
-The Indian Express A statement by Bebaak Collective, an intervener in support of the triple talaq plea by Shayara Bano, states that it is opposed to making violation of civil contract of marriage a criminal act. New Delhi: Protesting the proposed criminalisation of instant triple talaq in the Centre’s Bill on the issue, various women’s groups have asked the government to hold wider consultations before passing the legislation, as it affects...
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