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FRDI Bill: Depositors' money safer than ever, says Arun Jaitley -Avishek G Dastidar

-PTI FRDI Bill: Jaitley says no need to create fear psychosis, government will consider what panel recommends The Money of all depositors in public-sector banks will be protected and the level of protection will be “much higher than the level which existed till today,” Finance Minister Arun Jaitley told Lok Sabha Thursday. Talking about the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 during his reply to the debate on Supplementary...

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Is the Modi Government Hiding More Than What It Is Revealing With the RTI Act? -MM Ansari

-TheWire.in The Right to Information Act has not been implemented in letter and spirit, which is why the number of RTI appeals and complaints with the Central Information Commission is growing. The Narendra Modi government has made an oft-repeated commitment to promote transparency and participatory decision-making processes to contain the scourge of corruption in public life. While the Right to Information (RTI) Act is used for promoting free flow of information, the...

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Unable to see the bamboo for the trees -Sharachchandra Lele

-The Hindu Deregulating bamboo production does not address the issue of building a transparently governed forest sector Governments everywhere tend to look for quick-fixes, overlooking complexities and ignoring the big picture. The move by the Centre to “de-regulate” bamboo production by amending the definition of “trees” under the Indian Forest Act (IFA), 1927, is a great example of this tendency. In November 2017, the Central government issued an ordinance whereby “bamboo” was...

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AMU must do away with separate colleges for male, female students, merge Shia, Sunni studies: Audit -Neelam Pandey

-Hindustan Times The audit also recommended abolishing admission quotas, including those under the discretion of the vice-chancellor; no official reason was given for the audit. New Delhi: The Aligarh Muslim University must abolish separate colleges for male and female undergraduate students, do away with discretionary admission quotas and merge the departments for Sunni and Shia studies, a government-backed audit of the institution has suggested. These are among the top recommendations the audit made...

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Agri Ministry wants tax exemption for FPOs

-The Hindu Business Line Women farmers face the brunt; GST adds to their woes New Delhi: The Agriculture Ministry has written to the Finance Ministry seeking income-tax exemption for farmer produce organisations (FPOs), particularly for those that are registered as farmer producer companies (FPO) under the Companies Act. “These FPOs were brought in to negotiate the problems that are faced by cooperative societies. So they are naturally eligible for all the benefits that...

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