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Rural job scheme not reducing migration significantly, shows survey -Sanjeeb Mukherjee

-Business Standard 80% of surveyed districts did not show any change in migration New Delhi: The Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) has succeeded in creating livelihood assets but might not have a big impact in curbing migration -- one of its objective.   According to a survey conducted by Institute of Economic Growth (IEG), almost 78 per cent of households covered reported an increase in water table after building conservation...

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FRDI Bill: Understanding the basis of bail-in, and depositors' fear -Shaji Vikraman

-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...

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India on the verge of a looming soil crisis, say experts -M Somasekhar

-The Hindu Business Line The declining response ratios due to excess spraying of fertilisers, which leads to wasteful expenditure on fertiliser subsidy, only leads to loss of key national resources Hyderabad: India is on the verge of a looming soil crisis which can potentially impact its agriculture in the near future, says a report. A third of the total 350 million hectares has already turned problematic. Soil is turning either acidic, saline, sodic...

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Farmers seek income security law in pre-budget consultation -Gireesh Chandra Prasad

-Livemint.com At a pre-budget consultation, farmers and agriculture economists call for steps to reduce input costs New Delhi: Farmers on Tuesday urged finance minister Arun Jaitley to statutorily ensure income security for them and simultaneously take steps to reduce input costs and thereby make farming profitable. The suggestions from the Consortium of Indian Farmers Associations (CIFA) and agriculture economists was made at the first of the pre-budget consultation. “The median agriculture income is...

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Too few FIRs in Delhi & Gujarat for fake currency notes seized during 2016, indicates NCRB data

In a country where inter-departmental coordination hardly takes place in the government, a joint exercise undertaken by the Reserve Bank of India (RBI) and the National Crime Records Bureau (NCRB) is bearing fruits. The NCRB has started coordinating with the RBI for collection and sharing of Fake Indian Currency Note (FICN) data. The new tables, which have been introduced in the NCRB's annual publication on crime, reveal that although the...

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