-Factly.in There was an intense debate around the introduction of electoral Bonds by the government. Data obtained from SBI reveals that there is hardly any demand for electoral Bonds of smaller denomination while 99.9% of Bonds sold in terms of amount are of Rs 10 lakh & Rs 1 crore denomination. The Electoral Bonds were first announced in the 2017-18 budget and the scheme was subsequently notified in January 2018. Factly...
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Secularism at risk as RTI Act weakens, says Aruna Roy
-The Hindu ‘Information Commissioners are not being appointed’ Hyderabad: Releasing her RTI Story Power to The People in the city, activist Aruna Roy, who led the movement for getting the legislation in place, said citizens were moving towards a more challenging and non-transparent environment. “This government has consolidated opaqueness. It has systematically weakened the RTI Act by granting exemptions to CBI and other agencies on security grounds. Electoral Bonds are a case in...
More »Attack on India's forests and forest communities: Draft National Forest Policy 2018 -Soumitra Ghosh
-Groundxero.in India’s forests are officially on sale. Forests, which are ecological and cultural constructs intrinsically linked with human communities that have been living in and using those for ages, have turned into mere repositories of ‘products’ such as timber and ‘ecosystem services’ that could be quantified, valued, priced and exchanged—or so the Draft National Forest Policy prepared by the Ministry of Environment, Forests and Climate Change(MoEF & CC) would have us...
More »Checking NPAs: 11 public sector banks now on RBI watchlist, small firms face credit crunch -Sunny Verma & Sandeep Singh
-The Indian Express At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets. Lending to the corporate sector, particularly small and medium enterprises, is becoming increasingly difficult with more than half the country’s public sector banks (PSBs) now under the RBI’s Prompt Corrective Action (PCA)...
More »SC questions practice of jailing protesters to 'keep peace' -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Supreme Court on Thursday expressed surprise at Delhi police officers acting as special executive magistrates (SEMs) who have allegedly reject Bonds arbitrarily to imprison protesters or those facing proceedings for involvement in scuffles. Hearing a PIL by advocate Aldansih Rein complaining about arbitrary exercise of powers by SEMs, a bench headed by Chief Justice Dipak Misra said, "I have been in the legal profession and...
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