-The Indian Express Elections are short term contests, but the political project of democracy is a long game. Democracy is not just a set of institutions but also a set of values. The institutions are, minimally speaking, free and fair elections, an elected Parliament containing an executive and an Opposition to hold it accountable, an independent judiciary, a nonpartisan bureaucracy, a free media, and security of existence for all citizens. Democratic values...
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Niti Aayog chief rings the alarm bell, calls for unprecedented steps
-The Indian Express While blaming a large part of the problem on the high credit growth between 2004 and 2011, when it grew 27 per cent and resulted in a build-up of NPAs, he said it takes a lot for the government which has inherited all the 'systems and inertia'. New Delhi: Taking cognizance of the bad liquidity situation in the financial sector and weak private investment in the economy, Rajiv...
More »Biscuit-maker Parle says it may have to sack 8,000 to 10,000 workers amid slowdown in sales
-Scroll.in The company said higher taxes in the GST system had forced it to increase prices. It caused consumer demand to fall. Biscuit maker Parle Products Private Limited on Tuesday said it may lay off almost 10,000 employees if the demand slowdown continues, The Economic Times reported. “We have sought reduction in the Goods and Services Tax on biscuits priced at Rs 100 per kg or below, which are typically sold in...
More »Explained: Why One Nation, One Ration Card scheme could be a boon for poor migrants -Mehr Gill
-The Indian Express Essentially, the ONORC scheme has been launched keeping in mind the internal migration of our country. Last Friday, the government launched the pilot project for the inter-state portability of ration cards between Telangana and Andhra Pradesh, and between Maharashtra and Gujarat, as part of its ‘One Nation, One Ration Card’ scheme. “It is a historic day. We have started off inter-state portability of ration card pairing two states...
More »SBI aims to eliminate debit cards to boost digital payment solutions
-PTI SBI Chairman said there are around 90 crore debit cards in the country as against 3 crore credit cards, and pointed out to digital solutions like its own 'Yono' platform as the key for achieving a debit card-less country. Mumbai: If the largest lender SBI has its way, it may herald the beginning of the end of the ubiquitous debt cards from the banking system as the bank plans to promote...
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