-The Hindu There has been sharp rise in the NPAs amid COVID-19 pandemic With unemployment rising, the ability of those who have taken education loans to pay back has come down sharply. As a result, the non-performing assets (NPAs) have INCreased in the last one-and-a-half years. R. Nagarajan had taken a loan for his engineering course and started repaying it when he got a job at a start-up in the second half of...
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Calculating the benefits of lockdowns -Dipankar Dasgupta
-The Hindu Lockdowns need to be guided by trade-offs between harsh and mild policies Data show that as of now 26.2% of the world population has received at least one dose of a COVID-19 vaccine. Of them, only 1% live in low-INCome countries. By contrast, the richer nations, such as the U.S., Canada, Germany and Britain, registered above 50% vaccination by July 17. For India, the percentage of the adult population that...
More »Phone numbers of over 40 Indian journalists leaked by Pegasus spyware
-IANS/ The New Indian Express The Pegasus Project, a consortium of international news organisations, believes the leaked data is indicative of potential targets identified in advance of possible surveillance attempts. NEW DELHI: The Pegasus snoop list has 40 Indian journalists and forensic tests confirm presence of Pegasus spyware on some devices, The Wire reported. Those on leaked list of potential targets INClude journalists at Hindustan Times, The Hindu, The Wire, Indian Express,...
More »Activists flag focus on criminalisation over welfare in draft anti-trafficking bill
-The Hindu Existing laws on juvenile justice, bonded labour and POCSO sufficient, say experts. The emphasis on criminalisation and policing instead of welfare measures in the new proposed anti-trafficking Bill makes it anti-migrants and anti-sex workers, warn experts. The Ministry of Women and Child Development recently placed the Trafficking in Persons (Prevention, Care and Rehabilitation) Bill, 2021, in the public domain and sought stakeholders' comments till July 14. The Bill is also scheduled...
More »Centre's tax revenues grew despite stringent lockdown on the back of excise duties
-The Hindu Shift in tax burden comes at a time when pandemic has led to many job losses and reduced INCome levels In FY21, despite a stringent lockdown and a raging COVID-19 first wave, the gross tax revenue collected by the Centre INCreased over FY20. However, the INCrease was made possible by a sharp rise in contributions from union excise duties. This compensated for the sharp drop in the share of corporate...
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