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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...

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PM Modi’s Digital Health Mission Might put Personal Data at Risk, Lead to Exclusion -Ditsa Bhattacharya

-Newsclick.in Healthcare professionals and experts have raised concerns about the impact of the digital health mission’s framework on data privacy and access to health. Prime Minister Narendra Modi on Monday launched the Ayushman Bharat Digital Mission (ABDM), which he said would “strengthen health facilities” in the country. via video conference. Currently, the project is being implemented in a pilot phase in six Union Territories. In his Independence Day speech in 2020, Narendra Modi...

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Number Theory: Understanding the business of farming in India -Abhishek Jha and Roshan Kishore

-Hindustan Times Supporters of the three farm laws have been arguing that the new regime will help farmers receive better prices by selling products in the open market rather than the APMCs. SAS data does not support such a claim That Indian agriculture has been distress-ridden is an accepted fact in post-reform India. However, this is often discussed more in terms of farmers’ suicides, especially during the last decade, or abysmally low...

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In bank deposits, a tale of strength and sorrow -Aparna Iyer

-Livemint.com The banking system’s y-o-y deposit growth had slowed to 8.62% by August from about 10% at start of FY22 It is a foregone conclusion that the covid-19 pandemic forced Indians to save more by curtailing the opportunities to spend in FY21. This has stretched to the current financial year because of the second wave of the pandemic. However, a look at the ownership pattern of bank deposits reveals some interesting nuggets. Please...

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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...

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