-Deccan Chronicle Bail-in clause in the proposed law can make you lose your rights on your bank deposits. As part of a host of banking reforms, the Central government has approved a bill in June 2017 to enact a new law framing rules for the resolution of failing banks, whose details that surfaced on social media made all bank depositors a worried lot. If the government goes ahead with this move, it...

-The Telegraph New Delhi: Politicians of various stripes have started to raise red flags about a provision in a bill that the Narendra Modi government intends to move in the Lok Sabha in the upcoming winter session, which could theoretically allow beleaguered banks and financial institutions to scoop up depositors' money to stop them from going bust. It is called a "bail-in" - a concept coined during the European banking crisis of...

-TheWire.in A new report has recommended extending the scheme to all women, aged and infirm undertrials, claiming that it has many social and economic benefits for both the state and the inmates. A study on open prisons and parole practices in Rajasthan suggests that the “successful system,” operational in the state since 1955, be emulated across the country. The study, initiated by the Rajasthan State Legal Services Authority (RSLSA) and Rajasthan high court...

-The Hindu Business Line Members such as Canada, EU, US want stiffer safeguards for public stock holding India’s demand for a permanent solution on public stockholding subsidies at the World Trade Organization (WTO) is being challenged by several members, including Canada, the EU and the US, which are insisting on stiffer safeguards, restricted product coverage and a linkage with pruning of overall domestic support. “As the deadline for coming up with a permanent...

-The Hindu Business Line After decades of neglect, Delhi’s government schools are finally turning the page with much-needed improvements to facilities and teaching methods. But problems such as staff shortage and a broken primary education system refuse to go away easily Delhi’s bustling IP Extension has a familiar skyline — a linear arrangement of ageing residential complexes. A gleaming new building in their midst catches the eye. Until recently, the Rajkiya Sarvodaya...