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Public sector banks merger: Modi govt to announce big bang plan soon -Arup Roychoudhury & Somesh Jha

-Business StaNDArd Finance ministry has called a meeting with chief executives of ten public sector banks, on Friday The National Democratic Alliance (NDA) government has readied its mega plan for merging multiple set of public sector banks (PSB) and is set to make an announcement anytime soon, according to multiple sources. The department of financial services in the finance ministry has called a meeting with chief executives of ten public sector banks, which...

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Redesigning the Fiscal Transfer System in India -M GoviNDA Rao

-Economic and Political Weekly An overwhelming proportion of the poor live in low-income states in India. These states are home to over two-thirds of the children in the 0&NDAsh;14 age group. Therefore, provision of comparable levels of basic social services and physical infrastructure is important to ensure balance and stability in the Indian federation. This underlines the importance of intergovernmental transfers. Conceptually, general purpose transfers are given to enable the states...

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RBI's bonanza: Fiscal deficit by another name -Aunindyo Chakravarty

-Newsclick.in It’s just a parlour trick to disguise financing of government spending that does not appear in the formal Budget. We all know by now, that economic activity in this country has come to a grinding halt. That’s not just bad for our earnings, but also for the Government of India (GoI). Because, when people don’t buy or sell things, or even produce them, the government doesn’t get enough taxes. So, economists...

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SCs, STs, OBCs and women poorly represented in police force; STs, women less likely to be posted as officers -Fazil Khan

-News18.com All three communities, SCs, STs and OBCs, are poorly represented in Delhi &NDAsh; the only Union Territory included in the study. New Delhi: Disadvantaged communities such as the Scheduled Castes (SCs), Scheduled Tribes(STs), Other Backwards Castes (OBCs) as well as women are under-represented in the country's police force, a study has revealed. According to the Common Cause-CSDS Lokniti's 'Status of Policing in India Report 2019', while SCs are under-represented in 19...

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Stress, apathetic attitude taking toll on policing: Study -Vijdan Mohammad Kawoosa

-Hindustan Times More than one-third of police personnel would be willing to give up their profession if they were given a chance to join another job with the same salaries and perks, the survey found. A survey conducted across 21 Indian states by non-governmental organisations Common Cause and Lokniti &NDAsh; Centre for the Study of Developing Societies (CSDS), has found police personnel to be under stress due to workload, poor work-life balance,...

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