-The Times of India NEW DELHI: The Law Commission is ready to submit to the Centre a set of recommendations intended to bring in revolutionary changes in bail jurisprudence which, if implemented, would help the release of the poor among the over 2.38 lakh undertrial prisoners languishing in jails for years. The commission's report on amendments to bail provisions has been finalised and the radical recommendations, if accepted by the government and...
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EC to house panel: State funding won?t help, need radical changes to monitor poll expenditure -Anand Mishra
-The Indian Express Both the EC and the Law Ministry have been asked to furnish their written replies at the next meeting. New Delhi: AMID THE demands for state funding of elections, the Election Commission (EC) has categorically told a parliamentary panel that it is “not in favour” of the move. It has, instead, called for “radical changes” in the “provisions regarding receipt of funds” and expenditure by political parties to...
More »What's wrong with electoral Bonds -Bishwajit Bhattacharyya
-The Hindu Business Line These bearer instruments can’t make political funding transparent; they don’t address the insidious corporate-politico nexus The Government is all set to introduce a scheme offering political Bonds as bearer instruments which will conceal the identity of the bond buyers and enable a process of political donations that, it argues, will make funding political parties transparent. The argument is deeply flawed. Electoral Bonds as envisaged here open up yet another...
More »Do farmers disturb credit culture more than industry? -Prabhakar Kulkarni
-TheHoot.org Maharashtra’s farm daily Agrowon offered a counter to the SBI chief, the RBI governor, and English newspapers critical of the UP farm loan waiver. The Marathi agriculture daily Agrowon has criticized both the RBI governor Urjit Patel and State Bank of India’s Arundhati Bhattacharya who have objected to the farm loan waiver in Uttar Pradesh and similar demands elsewhere. The paper’s line is quite different from that of the mainstream English...
More »Farm loan waivers a bad idea: RBI governor Urjit Patel
-The Times of India MUMBAI: Reserve Bank of India governor Urjit Patel has sounded the alarm on state governments waiving farm loans and has called for a consensus on eschewing them to avoid damaging the national balance sheet. Uttar Pradesh chief minister Yogi Aditya Nath recently announced a Rs 36,000-crore farm loan waiver, which could trigger copycat decisions by the Punjab and Maharashtra governments. "It undermines honest credit culture, it impacts credit...
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