-PTI Finance Minister Arun Jaitley today ruled out privatisation of public sector banks as a response to the Rs 11,400-crore fraud hitting Punjab National Bank, saying the move may not be politically acceptable. Speaking at an event, he said a lot of people have started talking of privatisation in the aftermath of the PNB fraud. “This (privatisation) involves a large political consensus. Also, that involves an amendment to the law (Banking Regulation...
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Odisha tribal organisations protest against draft CAF Rules -Ishan Kukreti
-Down to Earth The protests are in opposition to the vague position of the Rules on forest-dwelling communities in the compensatory afforestation process The draft Compensatory Afforestation Fund Rules, 2018, notified by the Union Ministry of Environment, Forest and Climate Change (MoEF&CC) on February 16, have sparked protests by tribal organisations in Odisha. The protests are due to the fact that the Rules are vague on the role of communities in...
More »Too clever by half? -Venkatesh Athreya
-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...
More »Big Data, Large Concerns -Amba Kak & Jason Schultz
-The Indian Express Consent and Accountability should be at the core of the new privacy law. The Supreme Court recently affirmed a fundamental right to privacy. The government is now moving to enact a data privacy law, the Justice Shri Krishna Committee has released a comprehensive report and the consultation process is coming to a close. Multiple legal challenges against Aadhaar — many involving citizens’ privacy — are being heard before...
More »Politicians chargesheeted in heinous offences be barred from elections: EC to SC -Amit Anand Choudhary
-The Times of India NEW DELHI: In a bid to cleanse politics of criminal elements, the Election Commission has backed banning politicians from contesting polls if charges are framed in cases punishable by at least five years in jail with the caveat that cases should have been registered six months prior to elections. The EC has asked the Supreme Court to direct the Centre to amend the law and its affidavit states...
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