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Banks can wipe out your money -BR Muralidharan

-Deccan Chronicle Bail-in clause in the proposed law can make you lose your rights on your bank deposits. As part of a host of banking reforms, the Central government has approved a bill in June 2017 to enact a new law framing rules for the resolution of failing banks, whose details that surfaced on social media made all bank depositors a worried lot. If the government goes ahead with this move, it...

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Of crime and punishment -Mukul Sanwal

-The Hindu Low conviction rates and a lack of a lawful definition of crime mark criminal administration in India Police reform in India has been concerned with political interference ever since the landmark Supreme Court judgement, in 2006, on the subject. The focus should really be on reorganising criminal administration. The annual publication of the National Crime Records Bureau (NCRB), “Crime in India 2016”, which was released recently, presents a dismal picture of...

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Odisha is steadily turning a dry region! -Sanjeev Kumar Patro

-The Pioneer Is Odisha in the grip of climate change adversity? This looks apparent when for last three consecutive years, i.e., 2015 to 2017, the State keeps recording a condition of excessive to mildly dry even during the monsoon period of June to September. Moreover, the State has recorded wet conditions only during the cyclone or heavy flood years during the period 2009-2017. Sample this: According to the available data with Met...

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SC notice to govt on plea to ban convicted politicians from holding posts in parties

-PTI New Delhi: The Supreme Court on Friday sought the responses of the government and the Election Commission on a plea seeking to restrain convicted politicians from running and holding posts in political parties. A bench of Chief Justice Dipak Misra and Justices A.M. Khanwilkar and D.Y. Chandrachud agreed to examine the validity and contours of Section 29A of the Representation of the People Act, 1951. Registration of associations and bodies as political...

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A Comprehensive Guide From RBI on How 'Not' to Lend to Farmers -Bodapati Srujana

-Newsclick.in This might help understand why there is a huge gap between the amount of loans banks claim they have given to the farmers and the amount that is actually received by the farmers. If you ever find yourself with time on your hands, and don’t know what to do with it – here is something that you can do. Just go to the website of Reserve Bank of India, and search...

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