-TheWire.in Rights groups tell Parliamentary panel that even though late environment minister Anil Dave had assured that concerns would be addressed, rules have still not been framed. New Delhi: Civil society organisations working on environmental conservation have petitioned the Parliamentary commission, asking for the repeal or amending of the Compensatory Afforestation Fund Act 2016 (CAF Act) to ensure its compliance with the Forest Rights Act (FRA) . Coming together under the banner of...
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FRDI Bill: Understanding the basis of bail-in, and depositors' fear -Shaji Vikraman
-The Indian Express As the government tries to allay swirling apprehensions, The Indian Express explains the background, aims and rationale of the proposed new FRDI law. Some provisions of The Financial Resolution and Deposit Insurance Bill, 2017, popularly referred to as the FRDI Bill, which was tabled in Parliament this August, have given rise to concerns over protection for bank deposits in the proposed law. An online petition against the Bill — “Do not...
More »Needs a rethink
-The Hindu Business Line The Centre and the JPC must allay depositor concerns on bail-in, in the FRDI Bill There is furious public debate around the Financial Resolution and Deposit Insurance (FRDI) Bill tabled in August and now under the scrutiny of a Joint Parliamentary Committee. The Bill seeks to lay down a clear resolution mechanism for banks and financial firms in the case of default and this is welcome. But there’s...
More »In last 10 years, Parliament passed 47% bills without debate -Mohua Chatterjee
-The Times of India NEW DELHI: At a time when a delayed schedule for this year's winter session of Parliament is a matter of discussion in political circles, an examination of records shows that 47% of bills in the last 10 years were passed without any debate. There has also been a steady reduction in Parliamentary hours, a comparison with records of the first 20 years since 1952 show. Between 1952 and...
More »For India, the fight at WTO will be about food security -Sachin Kumar Jain
-Down to Earth India needs to find a permanent solution to the problem of public stock holding, as it is a matter of survival for hundreds of millions people During the negotiations for WTO Agreement on Agriculture in 2001, India raised concerns over food security and flexibility that developing nations must have when it comes to providing subsidies to key farm inputs. Seventeen years have passed since then and countries like...
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