-The Times of India BENGALURU: From misuse of letters of credit, guarantee or undertakings to diversion and siphoning of funds, a variety of frauds linked to advances haunt the Indian banking system, indicating a lack of hygiene and risk frameworks. While 86% of all frauds in India for 2016-17 are linked to advances, it was 99% at Punjab National Bank (PNB) which, experts say, points to collusion with insiders. Also, 26 banks...
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Odisha tribal organisations protest against draft CAF Rules -Ishan Kukreti
-Down to Earth The protests are in opposition to the vague position of the Rules on forest-dwelling communities in the compensatory afforestation process The draft Compensatory Afforestation Fund Rules, 2018, notified by the Union Ministry of Environment, Forest and Climate Change (MoEF&CC) on February 16, have sparked protests by tribal organisations in Odisha. The protests are Due to the fact that the Rules are vague on the role of communities in...
More »'Ancient practices don't lead to water crisis'
-The Times of India JAIPUR: Rajasthan is heading for deep water crises not Due to fluctuating monsoon, but Due to shunning of traditional practices using and conserving water. Every village household till a century or some decades ago had its own water conservation system by effectively using used domestic water for cleaning clothes, irrigation. Lastly, accumulating the wastewater in a small hole in the end, say experts at a two conference...
More »Indian Labour Conference Postponed After RSS-Affiliated BMS Threatens To Boycott Prime Minister Narendra Modi
-Outlook “BMS decided to boycott ILC Due to the centre’s anti-labour policies," RSS trade union President said. The Centre has indefinitely postponed the Indian Labour Conference to be inaugurated by Prime Minister Narendra Modi after RSS trade union BMS threatened to boycott it over the Union budget that was “unsympathetic to labour and workers”. At the 47th ILC scheduled to be held on February 26 and 27, trade unions and employers were...
More »Aadhaar no more mandatory for distribution of ration: Delhi govt
-The Indian Express "Delhi government has decided to stop aadhaar being mandatory for the distribution of ration, this was decided at the cabinet which couldn't take place at the Secretariat today Due to protests," said Manish Sisodia. New Delhi: Amid a high voltage drama over an alleged assault on Chief Secretary Anshu Prakash by AAP MLAs, the Delhi government on Tuesday decided against making Aadhaar mandatory for the distribution of ration in...
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