When one of the three farm laws i.e., The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 was enacted last year, it was argued by its proponents that the legislation would allow the farmers to sell their produce (and the traders to purchase that produce) outside the Agricultural Produce Market Committee-APMC mandis after crop harvesting. In a way, that particular piece of legislation was enacted to end the...
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In spite of RBI’s warning, Centre invested Rs 250 crore in Yes Bank in 2019-20
-Scroll.in The RBI had first flagged serious lapses in the bank’s governance in 2018. The Centre invested Rs 250 crore with private lender Yes Bank in the financial year 2019-’20 even though the Reserve Bank of India had deemed the bank as risky in 2018, shows the financial statement of the Prime Minister’s National Relief Fund. The investment in Yes Bank Fixed Deposit Receipts was made even as Finance Minister Nirmala Sitharaman last...
More »FIRs, intimidation, and death: Reporting on sand mining remains perilous in MP -Akanksha Kumar
-Newslaundry.com Journalists face wrath of authorities and illegal sand mining mafia MP’s Khargone. Pradeep Gangle, 35, was following up on a lead on illegal sand mining on July 1 earlier this year. He found mounds of sand stored in Khargone district’s Umar Khali village, which could potentially be loaded onto 1,000 trolleys. There are 30 designated spots in Khargone district where sand mining is allowed but this place in Umar Khali village...
More »Accounting regulator raps ‘EY arm’s’ audit of IL&FS firm
-The Hindu 'Understatement of losses runs up to more than ₹2,000 crore’ The National Financial Reporting Authority (NFRA) has rapped ‘EY group firm’ SRBC & Co. LLP for failing to detect several problems in the IL&FS group’s transport venture while undertaking its statutory audit in 2017-18. The auditor’s lapses had led to losses being understated by more than ₹2,000 crore, incorrect treatment of letters of comfort of ₹2,654 crore and improper valuation of...
More »Prof. Chinmay Tumbe of IIM Ahmedabad interviewed by Civil Society News
-Civil Society News, Gurugram THROUGHOUT the first and second waves of the coronavirus pandemic, the extent of the tragedy in India was mostly unknown. How many people had really died? Were they men or women? Information was anecdotal and speculative. This April, there were queues at crematoriums and burial grounds, but even as bodies piled up there were no reliable figures to go by. We now have some figures based on data-hunting...
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