-NDTV.com Wherever we may be in other matters in global rankings, in one we are right at the top. India, where 800 million people are still dependent on government doles for a meal, has the dubious distinction of carrying out the most expensive democratic elections in the world. It has been estimated that the 2019 parliamentary elections cost US $2 billion. In addition, parties and individual candidates spent another US $5...
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The electoral Bonds scheme and the challenges to it in Supreme Court -Diksha Munjal
-The Hindu So far, from March 2018 to April 2022, over 18 thousand Bonds worth over ₹9.8 thousand crore have been sold by the SBI in 20 tranches The story so far: The Supreme Court is expected to hear the petition filed by the Association for Democratic Reforms (ADR) challenging the Centre’s electoral Bonds Scheme soon. . The plea has been pending since 2017. The interim petitions seeking to stay the electoral Bonds...
More »Protest against eviction drives in Delhi-NCR and other cities
-Press release by Freedom from Bondage movement dated 6 September, 2022 New Delhi: As we mark #75thIndependenceDay & #AzadiKaAmritMahotsav, thousands of people who have been evicted from their homes in slums, Jhuggies, settlement colonies and informal sector workers who have been denied their livelihood without any rehabilitation have gathered at Jantar Mantar to raise their voice against the “Bulldozer Raj”. The government is forcibly snatching the land of poor Dalits and...
More »Public sector banks have ensured financial inclusion, finds a new empirical study
Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...
More »India Has Come a Long Way Since 1947, But Much Still Needs to Be Done -Virginius Xaxa
-TheWire.in The need of the hour is to reorient policies built on equity, not only economic, political and social, but also ecological and environmental. India is completing the 75th year of its independence. It is a moment of celebration and, at the same time, an occasion to remember all those known and unknown who laid down their lives during a long struggle to make India free from the yoke of colonial rule. It...
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