-The Hindu MoEF issues fresh guidelines to accelerate environmental appraisal of projects The Ministry of Environment and Forests (MoEF) wants to expedite the environment appraisal of industrial projects. These appraisals, as per norms, are conducted by independent panels of experts that have representatives from the government as well as from outside, trained in matters of ecology, wildlife and habitat preservation. The Expert Appraisal Committees (EACs) opine on whether a proposed project beyond a...
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Experts warn against vaccine hesitancy
-The Hindu In Delhi, two evening markets were ordered to be shut for violating COVID-19 norms. A large percentage of the world’s population is gripped by vaccine hesitancy, experts believe as a coronavirus vaccine appears more likely in the next couple of months. Vaccine hesitancy, which is defined as reluctance or refusal to vaccinate despite availability of vaccines, is feared to grip up to 40 to 50% of the world’s population, according to...
More »Raghuram Rajan says proposal to allow business houses into banking is a 'bad idea' -J Jagannath
-Livemint.com The former RBI governor, and Viral Acharya, a former RBI deputy governor questioned timing of the RBI panel's proposal at a time when 'India is still trying to learn the lessons from failures like IL&FS & Yes Bank' New Delhi: Raghuram Rajan and Viral Acharya on Monday criticised RBI Internal Working Group's recommendation to allow Indian corporate houses to set up banks as pART of proposed changes to the banking sector. Raghuram...
More »Hunger, nutrition are worse than before lockdown. PDS must be universalised -Dipa Sinha and Rajendran Narayanan
-The Indian Express All indications show that an economic revival will take some time — support is required during this period to at least prevent starvation. The effects of the lockdown and the resultant economic crisis continue to disproportionately impact the poor and informal sector workers. Since the lockdown, the Government of India (GoI) has announced relief packages under the Pradhan Mantri Gareeb Kalyan Yojana (PMGKY) and Atmanirbhar Bharat. However, numerous studies...
More »What is a bank moratorium, and when does it come into play? -K Bharat Kumar
-The Hindu * When does the Reserve Bank of India intervene, and what are some of the key steps it takes? The story so far: On November 17, the Centre, acting on the recommendation of the Reserve Bank of India (RBI), imposed a moratorium on Lakshmi Vilas Bank (LVB) for a period of 30 days. The 94-year-old bank, based in Karur, Tamil Nadu, has been struggling with losses for three years. As...
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