-Scroll.in Hours after the Supreme Court held privacy to be a fundamental right, Minister of Information and Technology Ravi Shankar Prasad claimed that the Narendra Modi government was in favour of declaring privacy a fundamental right. Is this correct? First, here is what Prasad said at a press conference in Delhi after the judgement was pronounced Thursday morning: “Government welcomes judgement. Government has been of the view, particularly with regard to Aadhaar,...
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May I Overcharge You? -Arindam Mukherjee and Lola Nayar
-Outlook Banks are fleecing customers to shore up their profits and offset the dead weight of bad loans to corporates When the GST era dawned this month, online jokesters quipped that it was the most inscrutable thing after Duckworth Lewis. But paradoxically, it may have brought a disquieting clarity to another zone of universal experience. Amid the flurry of news reports detailing what would entail a higher tax of 18 per cent,...
More »Netas using co-op banks for backdated FDs, DDs -Partha Sinha
-The Times of India MUMBAI: A few cooperative banks, mostly in rural areas, have found a new way to bypass banking system norms put in place by the government to fight the black money menace. Since PM Narendra Modi launched the demonetisation drive on November 8, these cooperative banks, which are yet to be computerised and still use physical ledger books, are taking cash from customers and opening backdated fixed deposits...
More »Panel discussion highlights the importance of transparency and accountability in judicial appointments
-Press Note from Vidhi Centre for Legal Policy and the Campaign for Judicial Accountability and Reforms (CJAR) The Vidhi Centre for Legal Policy and the Campaign for Judicial Accountability and Reforms co-organized an important panel discussion on appointments to the Higher and Subordinate Judiciary, on the 31st of August 2016 at the India International Centre, Delhi. Diverse stakeholders, including senior advocates, journalists, academics and activists formed part of the Panel. There...
More »To clamp down on black money, govt set to ban cash transactions over Rs 3 lakh -Sidhartha & Surojit Gupta
-The Times of India NEW DELHI: The government is set to ban cash transactions over Rs 3 lakh as it seeks to clamp down on black money in the economy following recommendations from the Supreme Court-appointed Special Investigation Team. The government, however, is yet to decide on the SIT's other proposal to bar cash holdings over Rs 15 lakh due to opposition from trade and industry, sources told TOI. "There are concerns...
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