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Preparing For Cyprus Moment: Centre May Allow Banks To Use Your Hard-Earned Deposits In Case It Collapses -Kumar Shankar Roy

-Outlook Scary Bail-in clause in FRDI Bill cleared by the Union Cabinet in June 2017 allows banks to finance themselves using depositors money. Priding themselves for being 'cash-less' post demonetization last year, some Indians may come face to face with a horrific post-apocalyptic future where they could be deposit-less too. Yes, this could be a reality unless the government of the day removes the unholy 'bail-in' clause that theoretically allows beleaguered banks...

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Why crime data do not always add up to the complete picture -Deeptiman Tiwary

-The Indian Express Low crime rate numbers often don’t mean citizens are safer, and ‘rape capital’ and ‘crime capital’ could both be unfair assessments. In reports such as the one published by the National Crime Records Bureau last week, the quality of data is important, as is its placement in the right context. New Delhi: “It is a capital mistake to theorise before one has data. Insensibly one begins to twist facts...

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Govt paid Rs 6,300 per babu for health, but only Rs 1,100 for aam aadmi -Rema Nagarajan

-The Times of India If what the central government spends on providing healthcare for its own employees is a measure of what decent healthcare costs, what governments (central and states put together) spend for the ordinary citizen is a paltry sixth of that amount. The recently released National Health Accounts (NHA) 2014-15 shows that the average government spend per citizen per year was just Rs 1,108, against almost Rs 6,300 per...

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Sedition in India: Only two of 112 cases registered between 2014 and 2016 resulted in convictions -Abhishek Dey

-Scroll.in ‘The primary reason for the abysmally low conviction rate for sedition cases is that the law is misapplied,’ said senior advocate Sanjay Hegde. The Indian police registered 112 cases of sedition across the country between 2014 and 2016, but only two have led to convictions, according to a report released by the National Crime Records Bureau on Thursday and a government statement in Parliament last year. The National Crime Records Bureau’s annual...

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Ramesh Chand, NITI Aayog member and agricultural economist, interviewed by Sayantan Bera (Livemint.com)

-Livemint.com Farm economist and NITI Aayog member Ramesh Chand on the urgency of agricultural market reforms to meet the target of doubling farm incomes by 2022 New Delhi: Apart from staging protests in Delhi, farmers must make themselves heard in state capitals as well to resolve issues outside the central government’s control, farm economist and NITI Aayog member Ramesh Chand said. In an interview, he spoke of the urgency of agricultural market...

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