-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...
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People's consultation on budget urges higher spending on education & health
-Press release by People's Budget Initiative (PBI, http://www.pbiindia.net/) New Delhi: People's Budget Initiative (PBI) is a coalition of civil society organisations from across the country which promotes people’s voice in policy making processes related to government budgets in India. As part of its campaign on ‘Budget Justice for Disadvantaged Sections’, a national consultation on Budget Justice: Agenda for the Next Five Years was organized in New Delhi on 14th September, 2018....
More »Despite 'reform', political parties are getting large anonymous donations -Ruhi Tewari
-ThePrint.in Data shows 99.9% of all electoral bonds bought so far are worth Rs 10 lakh or 1 crore. These bonds do not bear name of the donor. New Delhi: Electoral bonds, brought in to make the system of political funding “more transparent”, seem to have further concentrated donations in the hands of corporates and other high net-worth donors, instead of democratising them. Nearly 100 per cent of the bonds purchased so...
More »Attempts Being Made to Dilute Anti-Corruption Laws, AP Shah Writes to Modi -Gaurav Vivek Bhatnagar
-TheWire.in The letter by the former Delhi chief justice highlights the dangers of decriminalising the Companies Act, introducing electoral bonds, weakening the RTI Act and not implementing of the Lokpal Act and Whistleblowers Protection Act. New Delhi: In a letter sent to Prime Minister Narendra Modi, former chief justice of Delhi high court and noted rights activist A.P. Shah has lamented that “instead of increasing transparency and accountability and making the deterrents...
More »Civil society activists oppose amendments in the land acquisition legislation to acquire tribal and forest lands in Jharkhand
-Press statement by Right to Food Campaign dated 2nd July, 2018 Since 2014, people of Jharkhand have faced severe attacks on their mere right to life by the Raghuvar Das led BJP government. The government has been trying to acquire land of Adivasis and Moolvasis against their wishes that will directly affect their livelihoods. On the other hand, there is also a direct attack on the people’s freedom to religion leading...
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