-The Indian Express Should data be allowed to flow freely or localised at source? As IT Ministry prepares to present data protection Bill in Parliament and countries argue at global forums, a look at both sides of the debate. The IT Ministry’s Bill on data protection is scheduled to be introduced in Parliament during the current session. Worldwide, the data flow debate is playing out at the World Trade Organisation (WTO)...
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FRDI Bill: Understanding the basis of bail-in, and depositors' fear -Shaji Vikraman
-The Indian Express As the government tries to allay swirling apprehensions, The Indian Express explains the background, aims and rationale of the proposed new FRDI law. Some provisions of The Financial Resolution and Deposit Insurance Bill, 2017, popularly referred to as the FRDI Bill, which was tabled in Parliament this August, have given rise to concerns over protection for bank deposits in the proposed law. An online petition against the Bill — “Do not...
More »The indirect benefits transfer -Jayati Ghosh
-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...
More »Indian agriculture at cross roads: MS Swaminathan
-ANI Chennai: Indian agriculture is at the cross roads, Dr. M.S. Swaminathan, father of India's first Green Revolution, has warned. Lamenting on the state of Indian farmers, especially farmers with small land-holdings, Dr. Swaminathan said, "The market economy certainly is not friendly to small farmers. WTO regulations are also hindrance. Even in the United States which is the heartland of the free market economy, farmers are insulated from market shocks through heavy...
More »Maternal deaths show bribes buy India worst G-20 maternal care -Jason Gale
-Livemint.com Some 50,000 women in India died during childbirth and from pregnancy-related complications in 2013, according to estimates by United Nations agencies Melbourne/Mumbai: Sita Devi was in labour when her family paid the day's first bribe. The wife of Shivvaran Pal, a subsistence farmer whom she'd married at 15, Sita worked on their land and earned a monthly wage of Rs.1,000, about $16, cooking school lunches. By 23, she had three daughters...
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