-PTI/ IndiaToday.in 'Other amounts due to customers' from India rose over six times Overall, customer deposits in all Swiss banks rose in 2020 to nearly CHF (Swiss franc) 2 trillion Swiss authorities maintain that assets held by Indians in Switzerland cannot be considered as 'black money' New Delhi/ Zurich: Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over...
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‘Record’ FDI inflows, yes, cause for celebration, no -Biswajit Dhar and KS Chalapati Rao
-The Hindu The inflows during 2020-21 have not been in sync with the Government’s priorities for economic recovery In an otherwise gloomy economic scenario, one area of cheer for the Government has been the numbers on inflows of foreign direct investment (FDI). In a recent press release, the Ministry of Commerce and Industry announced that “India has attracted highest ever total FDI inflow of U.S.$81.72 billion during the financial year 2020-21 and...
More »Reservations Can Take The Disadvantaged To Parliament, But Not In Key Positions -Ambar Sharma
-IndiaSpend.com Lawmakers from the Scheduled Castes and Tribes are confined mostly to the lower house's social justice committee, in which they have had more than 50% representation since 2009. Just eight of 27 Parliamentary committees meet or surpass the 25.4% representation of SC/ST members of parliament in the current Lok Sabha, our analysis shows. New Delhi: Few lawmakers from the Scheduled Castes (SC) and Scheduled Tribes (ST) in the Lok Sabha are...
More »Rural health care needs fixing, and now -Bhupinder Singh Hooda
-The Hindu A takeaway from the pandemic is that India needs to revisit and refurbish its health infrastructure in the rural areas The two consecutive waves of COVID-19 and Mucormycosis have left us shattered. Multiple bruises have been caused to us. But during the second wave of the pandemic, it is our rural people who are struggling the most. They are struggling to get prompt and quality health care. The key role...
More »How Second Wave Is Decimating Rural Economy -Rohit Inani
-IndiaSpend.com The government has said that the economic impact from the second Covid-19 wave will be less than that of the first. But economists point to signs of a growing rural economic crisis, and call for urgent relief measures to ward off long-term damage. Siolim, Goa: Ramesh Ram, 31, is listed as a textile industry staff worker in the administration's database of migrant workers in south west Bihar's Kaimur district. But for...
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