-NDTV.com Delhi Air Pollution: To bring down pollution, the central government suggested three steps to the Supreme Court which include the introduction of an odd-even vehicle scheme, a ban on trucks' entry in Delhi, and the severest - lockdown. New Delhi: The Centre on Monday told the Supreme Court that stubble burning is not the major cause of worsening air quality in Delhi and northern states, as it contributes to only 10...
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Govt. Squeezes Spending, Even Though Tax Collections Have Increased -Subodh Varma
-Newsclick.in Modi government has restrained spending of various ministries including education, social justice, environment and others. Continuing with its policy of cutting down spending, the central government has spent only 47% of the budgeted amount by the end of September 2021. That’s half of the financial year 2021-22 gone. This is a new low (see graph below), and bizarrely, it comes at a time when tax revenues have picked up. As can be...
More »Deep Rot Within Facebook/Meta: What can be Done? -Paranjoy Guha Thakurta
-Newsclick.in Can legal and regulatory action be taken against Facebook for actively abetting the spread of communal hatred? While a precedent exists in the US, carrying out the same in India will prove a challenge. So, what’s new about whistleblower Frances Haugen’s revelations about how the top brass of the now-renamed Facebook turned a blind eye to the proliferation of incendiary, hateful and false information on its social media platform, how the...
More »RBI imposes severe restrictions on this bank, imposes Rs 1,000 cap on withdrawals — check details
-PTI/ Financial Express As per the directions, the bank shall not, without the prior approval of the RBI, grant or renew any loans and advances, make any investment, incur any liability, and disburse or agree to disburse any payment. The Reserve Bank of India (RBI) on Friday imposed several restrictions on Laxmi Cooperative Bank Ltd, Solapur, including a Rs 1,000 cap on withdrawals for customers, due to deterioration in its financial position. The...
More »Pronab Sen, Programme Director for the IGC India Programme and first Chief Statistician of India, interviewed by Vikas Dhoot (The Hindu)
-The Hindu The ill-prepared move left India with all the damages and very few of the benefits On November 8, 2016, Prime Minister Narendra Modi announced that from midnight, ₹500 and ₹1,000 notes would no longer be considered legal tender in India. The government’s stated aim was to curb corruption and the pervasion of black money in the economy, as well as the proliferation of fake currency which was also being used...
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