-The Indian Express The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009 The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009, as in 2015: Only 1.35 lakh jobs compared to more than nine lakh in 2011 and 4.19 lakh in 2013 in eight labour-intensive...
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Activists, Academics Write Open Letter to PM Modi on the Drought
-TheWire.in According to the central government’s statement to the Supreme Court last week, a third of the India’s districts are currently facing a severe drought. This means that at least 33 crore Indians are affected by ongoing the crisis. Expressing their deep concern on the issue and the impact it is having on rural populations of the country, and asking that the government take appropriate relief measures immediately, more than 150 academics...
More »Punjab foodgrain scam: Top bankers say could stop lending to state
-PTI The decision was taken by a consortium of banks which held a meeting in New Delhi. Some thirty odd bankers led by State Bank of India, which are staring at heavy losses to the tune of Rs 12,000 crore from the unfolding food scam in Punjab, on Monday discussed all options, including to stop lending to the state government. The decision was taken by a consortium of banks which held a meeting...
More »In FY15, banks with high NPAs rejected more RTI requests -Surabhi
-The Hindu Business Line IOB, BoB and Canara Bank lead, finds study by Commonwealth Human Rights Initiatives New Delhi: As the Finance Ministry and the central bank try to clean up the balance sheets of troubled public sector lenders, a new study has found that banks that saw a sharp rise in bad loans in 2014-15 were not very forthcoming with information requests by the public. While noting that there was “no positive...
More »Public sector banks turned down 30% of RTI pleas last year -Himanshi Dhawan
-The Times of India NEW DELHI: One third of the requests for information filed with public sector banks were turned down last year. Of the 79,148 applications filed in 2014-2015, 30.5% were rejected. About 24 banks dealt with 79,148 RTI applications which amounts to 56.4% of the total volume of RTI applications received by the ministry of finance. Incidentally, finance ministry received the highest number of RTIs (1.4 lakh) among all public...
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