In a country where inter-departmental coordination hardly takes place in the government, a joint exercise undertaken by the Reserve Bank of India (RBI) and the National Crime Records Bureau (NCRB) is bearing fruits. The NCRB has started coordinating with the RBI for collection and sharing of Fake Indian Currency Note (FICN) data. The new tables, which have been introduced in the NCRB's annual publication on crime, reveal that although the...
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RTI Response Raises Serious Questions About Security, Handling of EVMs -Gaurav Vivek Bhatnagar
-TheWire.in Discrepancies between Election Commission and Electronics Corporation of India Limited data on number of ballot units and control units manufactured have also been revealed. New Delhi: The response by the Election Commission (EC) and two electronic voting machine (EVM) manufacturers – Electronics Corporation of India Limited and Bharat Electronics Limited – to an Right to Information (RTI) query relating to a petition filed following the Uttarakhand polls has revealed administrative and...
More »Unable to see the bamboo for the trees -Sharachchandra Lele
-The Hindu Deregulating bamboo production does not address the issue of building a transparently governed forest sector Governments everywhere tend to look for quick-fixes, overlooking complexities and ignoring the big picture. The move by the Centre to “de-regulate” bamboo production by amending the definition of “trees” under the Indian Forest Act (IFA), 1927, is a great example of this tendency. In November 2017, the Central government issued an ordinance whereby “bamboo” was...
More »Preparing For Cyprus Moment: Centre May Allow Banks To Use Your Hard-Earned Deposits In Case It Collapses -Kumar Shankar Roy
-Outlook Scary Bail-in clause in FRDI Bill cleared by the Union Cabinet in June 2017 allows banks to finance themselves using depositors money. Priding themselves for being 'cash-less' Post demonetization last year, some Indians may come face to face with a horrific Post-apocalyptic future where they could be deposit-less too. Yes, this could be a reality unless the government of the day removes the unholy 'bail-in' clause that theoretically allows beleaguered banks...
More »TCA Anant, Chief Statistician of India and Secretary -- MoSPI, interviewed by Vikas Dhoot and TCA Sharad Raghavan (The Hindu)
-The Hindu The Chief Statistician of India on the economy, the meaning of the new series of GDP data, and the need to wait for the impact of demonetisation to unfold T.C.A. Anant is the Chief Statistician of India, and Secretary, Ministry of Statistics and Programme Implementation. He has been in charge of several notable changes in the way economic data has been recently presented, including the new GDP and Gross Value...
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