Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
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Tech Platforms Feel the Heat -CP Chandrasekhar
-NetworkIdeas.org In a move that was expected, the US Justice Department has filed an anti-trust lawsuit against internet search giant Google, alleging that it resorts to anti-competitive practices to ensure its dominance in the search engine space and, through that, over the related online advertising revenues. As a leading example the case cites the successful effort to exclude the competition through a deal, in place since 2005, in which Google pays...
More »Mandi arrivals: Seven key summer crops see big drop -Prabhudatta Mishra & Nanda Kasabe
-Financial Express Only three crops -- groundnut, jowar and moong -- have recorded higher arrivals on year (see chart). Even in the case of jowar and moong, arrivals fell in the largest-producing states of Maharashtra (-39%) and Rajasthan (-7%), respectively. Amid the row over the three new federal farm laws aimed at giving unfettered market access to farmers, the producers of various crops seem to have started to rely much less on...
More »Over one-third of judges’ posts lie vacant in 12 high courts. So much for collegiums -Arvind Kumar
-ThePrint.in Bihar, one of India’s most populous states, has the highest judges’ vacancy in its high court. That says a lot about India’s ability to render timely justice. The number of pending cases in India’s higher judiciary and the number of vacancies in the Supreme Court and the high courts have been simultaneously increasing. The number of pending cases, which is directly related to the judge-to-population ratio, is an important tool to...
More »UP cow slaughter law is being misused against innocent: Allahabad HC -Manish Sahu
-The Indian Express The data show that closure reports were filed in 32 cases after the police failed to gather evidence against the accused. Lucknow: EXPRESSING CONCERN over the misuse of UP’s Prevention of Cow Slaughter Act “against innocent persons”, and questioning the credibility of evidence submitted by police in such cases, the Allahabad High Court said that measures have to be taken to protect abandoned cattle for the law to be...
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