In a country where inter-departmental coordination hardly takes place in the government, a joint exercise undertaken by the Reserve Bank of India (RBI) and the National Crime Records Bureau (NCRB) is bearing fruits. The NCRB has started coordinating with the RBI for collection and sharing of Fake Indian Currency Note (FICN) data. The new tables, which have been introduced in the NCRB's annual publication on crime, reveal that although the...
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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...
More »Unable to see the bamboo for the trees -Sharachchandra Lele
-The Hindu Deregulating bamboo production does not address the issue of building a transparently governed forest sector Governments everywhere tend to look for quick-fixes, overlooking complexities and ignoring the big picture. The move by the Centre to “de-regulate” bamboo production by amending the definition of “trees” under the Indian Forest Act (IFA), 1927, is a great example of this tendency. In November 2017, the Central government issued an ordinance whereby “bamboo” was...
More »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...
More »Of crime and punishment -Mukul Sanwal
-The Hindu Low conviction rates and a lack of a Lawful definition of crime mark criminal administration in India Police reform in India has been concerned with political interference ever since the landmark Supreme Court judgement, in 2006, on the subject. The focus should really be on reorganising criminal administration. The annual publication of the National Crime Records Bureau (NCRB), “Crime in India 2016”, which was released recently, presents a dismal picture of...
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