-TheWire.in/ Business Standard Over 50 years, the loan repayment value will be much higher based on the inflation differential Prime Minister Narendra Modi has claimed the bullet train offered to India by Japan is virtually free of cost. A 50-year yen loan amounting to Rs 88,000 crore at 0.1 % interest is being described by the prime minister as free of cost. This is patently absurd. India can have as many bullet trains...
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Rohingya issue govt's domain, not court's: Centre to SC -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Narendra Modi government told the Supreme Court on Monday that the right to move and settle anywhere in India was guaranteed by the Constitution to Indian citizens, and the right was not available to illegal migrants like the Rohingya. "Illegal influx of Rohingya, in significant numbers, started into India (sic) since 2012-13, and the central government has contemporaneous inputs from security agencies and other authentic...
More »3 cops to protect each VIP but just 1 for every 663 common man -Neeraj Chauhan
-The Times of India NEW DELHI: Despite promises by politicians year after year, VIP culture continues to thrive in India. The latest data reveals that some 20,000 VIPs have on average three cops to protect each of them while there is a huge shortage of policemen for ordinary citizens. Data compiled by the Bureau of Police Research and Development (BPR&D) under the home ministry shows that out of a total 19.26 lakh...
More »Country of a chosen few -TSR Subramanian
-The Indian Express Thomas Piketty points to the widening income disparities that have accompanied economic growth in India, which endanger social stability The paper by Thomas Piketty and Lucas Chancel, ‘Indian Income Inequality 1922-2014 — From British Raj to Billionaire Raj?’, is now in the public domain. Piketty needs no introduction — his Capital in the Twenty-First Century has been one of the most influential books on economics in the past decade....
More »'RBI Governor must resign over troubles due to note ban' -Arun Janardhanan
-The Indian Express On the latest justifications being given by the RBI, Franco asked “what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire Population?” Chennai: Blaming the Reserve Bank of India Governor Urjit Patel for “misusing” the central bank to carry out demonetisation which “caused trouble to the common man”, D Thomas Franco, general secretary of All India Bank Officers Confederation has...
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