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Parliament proceedings -- Banks wrote off ₹1.15 lakh cr. in nine months of FY21: Anurag Thakur

-The Hindu “As per RBI data, scheduled commercial banks (SCBs) have written off loans of ₹2,36,265 crore, ₹2,34,170 crore and ₹1,15,038 crore during FY2018-19, FY2019-20 and the first three-quarters of FY2020-21 respectively,” the Minister said. Banks have written off bad loans to the tune of ₹1.15 lakh crore in the first three-quarters of the current fiscal, the Lok Sabha was informed on March 8. As per RBI guidelines and policy approved by bank...

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Is Haryana’s new reservation law constitutionally tenable? -Utkarsh Anand

-Hindustan Times Under the Haryana State Employment of Local Candidates Act, 2021 , every employer is required to employ 75% “local candidates” for posts where the gross monthly salary is not more than ₹50,000 Haryana government’s new law to reserve 75% of private sector jobs in the state, till a certain salary slab, only for local candidates, has triggered a controversy. The decision fulfils a key election promise of the ruling coalition,...

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Fear in the air -Puja Awasthi

-TheWeek.in Women journalists lament they do not get adequate support when under attack Neha Dixit, an independent, award-winning journalist, was alone when she heard someone try to enter her first-floor home in Delhi on January 25, 2021. She assumed that it was her filmmaker husband at the door, but still called out ‘Kaun hai?’ (Who is it?) a few times before opening the door. A whiff of air confirmed that someone had...

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India’s women and the workforce -Ashwini Deshpande

-Hindustan Times Women are not dropping out. They are being pushed out by the lack of demand for their labour. There has Been movement out of agriculture into informal and casual jobs, where the work is sporadic, and often less than 30 days at a stretch. The new modern sector opportunities, especially in high value-added service sectors, mostly accrue to men. Why is women’s employment declining in India? The thrust of the...

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Campaign to highlight plight of frontline women workers -Jagriti Chandra

-The Hindu Several trade unions, feminists and research groups and policy advocates have come together on International Women’s Day to campaign for the rights of anganwadi workers, helpers and ASHAs with Members of Parliament and to highlight their plight during the pandemic. The Frontline Workers’ Solidarity Campaign will be addressing several MPs as Parliament reconvenes for the second part of the Budget Session on Monday. The drive is being spearheaded by Feminist...

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