-PTI The estimates include the direct and indirect cost of violence as well as an economic multiplier New Delhi: Violence cost the Indian economy a whopping USD 1.19 trillion (over Rs 80 lakh crore) last year in constant purchasing power parity (PPP) terms, which amounts to roughly USD 595.4 per person, says a report. The findings are part of the report prepared by the Institute for Economics and Peace (IEP) based on...
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Why NPCI and Facebook need urgent regulatory attention
-The Economic Times The world’s oldest networked infrastructure, money, is increasingly dematerialising and fusing with the world’s latest networked infrastructure, the Internet. As the network effects compound, disruptive acceleration hurtle us towards financial utopia, or dystopia. Our fate depends on what we get right and what we get wrong with the law, code and architecture, and the market. The Internet, unfortunately, has completely transformed from how it was first architected. From a...
More »'Draft pesticide Pesticides Management Bill will hurt farmers' -Priscilla Jebaraj
-The Hindu Clause on listing ingredients dropped. A group of Indian pesticide manufacturers says that the proposed Pesticides Management Bill, which is likely to be finalised this month, will harm both farmers and the domestic industry by not making it mandatory for the active ingredients of pesticides to be revealed in the registration process. “The draft Bill will allow importers to register readymade products without registering the active ingredients,” said Pradip Dave, President...
More »PMFBY: Modi govt's crop insurance scheme sees decline in farmers' enrolment -Namrata Acharya
-Business Standard Between FY16 and FY17, the number of farmers enrolled in the scheme declined from about 57.3 million to about 48.5 million, a fall of around 15% Kolkata: The Pradhan Mantri Fasal Bima Yojana (PMFBY), the flagship crop insurance scheme of the Narendra Modi government, has entered its third year of operation, albeit with a substantial decline in farmers' enrolment in its second year, the data reveals. Between FY16 and FY17, the...
More »Centre mulls law to check arbitrary school-fee hikes -Manash Pratim Gohain
-The Times of India NEW DELHI: The Centre is planning to bring in a regulation to check arbitrary fee hikes by private schools. The move comes after the success of the Uttar Pradesh government's legislation, brought in this year, to regulate fees charged by private schools, including minority ones, in the state. According to a senior official, the Centre is consulting all stakeholders and trying to build a consensus before the move...
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