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Shared bikes move Bengaluru's gated communities -Sarumathi K

-The Hindu Dockless bicycle-sharing attracts residents who live in apartment blocks spread across several acres Bengaluru: Until recently, Rohan Kapoor, a Class XI student staying in Adarsh Palm Retreat on Outer Ring Road (ORR) in Bengaluru, had to be picked up and dropped at the exit gate within his own apartment complex. That was because the gate is 2.5 km away from home. Now, he uses his phone to unlock one of the...

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Economists Hit Out Against Move to Privatise Public Sector Banks

-TheCitizen.in Banking needs reforms not privatisation NEW DELHI: The scale of the recent bank scams and the potential losses faced by banks holding non-performing loans given to some large companies and individuals, has shocked all of us. However, we are concerned to note that this has become an excuse to demand the privatisation of publicly held banks. While it is true that the current scam involves Punjab National Bank, the second largest public sector...

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Amid Backlash, Modi Government Eases Rules on Cattle Trade

-TheWire.in Any reference to the term “slaughter” will be removed in the new version of the Prevention of Cruelty to Animals (Regulation of Livestock Market) Rules, 2017. New Delhi: Less than a year after the Centre banned the sale and purchase of ‘cattle’ from animal markets for slaughter, thus depriving farmers of any resale value for their cattle and leading to a spike in cow vigilantism, the Modi government has decided to...

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Nagri residents want Government to nix DBT for food subsidy

-The Pioneer Ranchi: A large number of ration card holders from Nagri and activists of Right to Food Campaign, led by noted socio-economist Jean Drèze on Monday marched to Raj Bhawan demanding immediate withdrawal of  ‘Direct Benefit Transfer (DBT) for Food subsidy’  and restore the old system of providing rice at Re 1 per kg to the poor people at ration shops. Drèze, who was stopped at Raj Bhawan by the district...

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PDS beneficiaries oppose cash transfers in Nagri block of Jharkhand

  Direct Benefit Transfer (DBT) or cash transfer might appear attractive on papers, but in reality it is opposed by its beneficiaries when implemented. Something similar to this has happened in the Nagri block of Ranchi district, where cash is being transferred to the aadhaar seeded bank accounts of beneficiaries in lieu of providing subsidized foodgrains. Cash transfers in the public distribution system (PDS) have been in operation in the Nagri block...

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