-TheNewsMinute.com According to Divya Iyer, Mission Director, the beneficiaries under the scheme helped restore several public assets, all of which were rendered useless after the floods. The Kerala floods were a watershed moment for the state and its people in every sense, some for the good and some for the worse. While it claimed several lives and destroyed properties, it also left several people looking for livelihood options. And post the...
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Bangladesh question looms over Citizenship Bill -Vijaita Singh
-The Hindu JPC members want Bangladesh to be excluded. As the deadline for a joint committee of Parliament on the contentious Citizenship (Amendment) Bill, 2016, nears an end, some members asked whether it was possible to present the Bill in a truncated form by excluding Bangladesh. The Bill proposes citizenship to persecuted Hindus, Jains, Sikhs, Parsis, Christians and Buddhists from Pakistan, Afghanistan and Bangladesh who came to India before 2014. Violation of equality The...
More »FRDI: Grossly at Odds with the Indian Financial System -Sucheta Dalal
-MoneyLife.in The government’s penchant for painting all legitimate questions about its faulty policy-making as scaremongering or anti-national is getting rather irksome. Prime minister Narendra Modi (at the FICCI annual general meeting) and finance minister Arun Jaitley have both responded to fears over the implications of the Financial Resolution and Deposit Insurance Bill (FRDI Bill) , 2017, by lashing out at critics and reassuring people that the government will protect bank deposits....
More »Needs a rethink
-The Hindu Business Line The Centre and the JPC must allay depositor concerns on bail-in, in the FRDI Bill There is furious public debate around the Financial Resolution and Deposit Insurance (FRDI) Bill tabled in August and now under the scrutiny of a Joint Parliamentary Committee. The Bill seeks to lay down a clear resolution mechanism for banks and financial firms in the case of default and this is welcome. But there’s...
More »Anti-Graft Forum Questions Centre's Appointment of Firm Accused of Scams for Black Money Probes -Gaurav Vivek Bhatnagar
-TheWire.in PricewaterhouseCoopers, convicted in the Rs 7,000 crore Satyam scam, had also audited accounts of Vijay Mallya’s firm and the Global Trust Bank, which collapsed. New Delhi: The Narendra Modi government’s appointment of PricewaterhouseCoopers (PwC) India to key projects like black money probes, Digital India, Make in India and Smart Cities project has been questioned by the Citizens Whistleblowers Forum. The group has also expressed concern over the RBI’s engagement of the...
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