-Livemint.com As of 31 March, the total outstanding term deposits with banks in rural India contracted by 1.05% to ₹6.99 trillion from a year earlier Every three months, the Reserve Bank of India (RBI) declares region wise data for term deposits. As of 31 March, the total term deposits of commercial banks in India rose 8.42% to ₹86.4 trillion from a year earlier. Term deposits are money that depositors keep in a bank...
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People deserve to know death toll: Patna High Court -Amarnath Tewary
-The Hindu Bihar government’s reluctance to publish number of deaths is uncalled for, says Division Bench. The Patna High Court has pulled up the Bihar government again for not maintaining its records of births and deaths during the COVID-19 pandemic and said that State’s reluctance to publish the number of deaths was “uncalled for” and was “not protected by any law”. The Division Bench of the court, comprising chief justice Sanjay Karol and...
More »200 Plus Days - Farm Laws, Farmers and Food -SG Vombatkere
-TheCitizen.in The Farmers’ agitation starting November 26 2020, was against three Farm Laws. The Essential Commodities Amendment Act, 2020, (ECA Act) is one of them. ECA Act amends the Essential Commodities Act, 1955, (EC Act) enacted “in the Interest of the general public, for the control of the production, supply and distribution of, and trade and commerce”, and more precisely, “for controlling the rise in prices or preventing the hoarding of any...
More »Karnataka High Court directs decentralised governance of lakes in rural and urban areas
-GaonConnection.com Karnataka has about 40,000 lakes and close to 10,000 lakes have already disappeared. In the wake of authorities failing to do enough to conserve these lakes, the Karnataka High Court has asked the government to decentralise the mechanism of lake governance both in rural and urban areas by involving local bodies. More details here. Directing a new model of water bodies’ governance in the state, the Karnataka High Court, on June...
More »Needed: full disclosure on electoral bonds -Rakesh Dubbudu and Inayat Sabhikhi
-The Hindu The Supreme Court’s suggestion to ‘match the following’ on political donations is impractical and incorrect In 2014, the Delhi High Court held that both the Congress and the Bharatiya Janata Party (BJP) were guilty of illegally accepting donations from two companies registered in India but whose controlling shareholder was Vedanta, a foreign company. The court held that this was in contravention of the Foreign Contribution (Regulation) Act (FCRA), 1976, as...
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