-Livemint.com Controversy around the bail-in clause aside, FRDI Bill’s clauses 58 and 62(1) regarding governance of a firm declared critical are inherently conflicting Much has been said and written about the Financial Resolution and Deposit Insurance Bill, 2017. The FRDI Bill was scheduled for discussion in Parliament this winter session but will now have to yield to more immediate concerns such as the Gujarat election results and the Central Bureau of Investigation...

-The Times of India BENGALURU: Officially, about two women were harassed at their workplace in India every day so far in 2017, with the National Commission for Women (NCW) receiving an average of 1.7 complaints per day. In the 316 days between January 1 and December 12, the commission received 539 complaints, 60% of which were from five states: Uttar Pradesh, Delhi, Maharashtra, Madhya Pradesh and Haryana. However, the cases reported to...

-The Hindu Member countries fail to reach agreement on food security right, centrality of development Buenos Aires: The December 10-13 meeting of the World Trade Organisation’s highest decision-making body in this ‘city of fair winds’ ended becalmed with the WTO’s 164 members unable to reach a consensus on substantive issues such as the food security right of developing countries and the centrality of development in multilateral trade negotiations. However, the Ministerial Conference managed...

-The Indian Express Multiple data sets confirm sluggish pace of employment creation. Paucity of data can no longer be an excuse for the lack of debate. Jobs are an integral part of India’s political narrative today. This is unsurprising because the NDA came to power on the promise of creating a large number of jobs for India’s rapidly rising work force. However, much of the debate on employment performance over the last...

-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...