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Banks can wipe out your money -BR Muralidharan

-Deccan Chronicle Bail-in clause in the proposed law can make you lose your rights on your bank deposits. As part of a host of banking reforms, the Central government has approved a bill in June 2017 to enact a new law framing rules for the resolution of failing banks, whose details that surfaced on social media made all bank depositors a worried lot. If the government goes ahead with this move, it...

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Jean Dreze, development economist, interviewed by Down to Earth

-Down to Earth Jean Dreze on why he prefers a solidarity society, rather than a welfare state * Are you actually an advocate of the welfare state? Ideally, I would prefer to think in terms of a solidarity society rather than welfare state, for two reasons. First, private non-profit institutions can play a very useful role in the social sector. In many countries, some of the best schools and health centres are run...

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The roots of the crisis in the seed industry -Ram Kaundinya

-Livemint.com The regulatory system for the seed and biotech industry should be transparent, science-based, predictable and fair For many decades, the Indian policy framework facilitated the interaction of science and innovation with entrepreneurship, which led to competition and the subsequent development of an industry structure that delivered sustainable economic benefits. The government was a major contributor to investments in seed research in India for close to three decades after independence. Policy reforms like...

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Sunita Narain, environmentalist, interviewed by Bindu Shajan Perappadan (The Hindu)

-The Hindu If we oppose every solution to the problem of air pollution, how will we ever breathe clean air, asks the environmentalist Environmentalist Sunita Narain has been fighting for clean air for decades. The Delhi-based Centre for Science and Environment, with which she has been associated and now serves as director general, led the shift to compressed natural gas in Delhi, to reduce air pollution. Ms. Narain is on the statutory...

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Jharkhand's MGNREGA Workers Need a Lot More Than Political Slogans -Siraj Dutta

-TheWire.in Despite widespread violations of workers’ entitlements, the BJP government as well as the opposition have shown nothing but apathy. The BJP-led Jharkhand government has coined a new slogan, “Har haath ko kaam (Give every hand work)” to show its commitment on providing employment to people of the state. The slogan assumes special significance for Jharkhand, where the ratio of working age population migrating to other states was the highest in the...

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