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Indians' funds in Swiss banks climb to Rs 20,700 crore, highest in 13 years

-PTI/ IndiaToday.in 'Other amounts due to customers' from India rose over six times Overall, customer deposits in all Swiss banks rose in 2020 to nearly CHF (Swiss franc) 2 trillion Swiss authorities maintain that assets held by Indians in Switzerland cannot be considered as 'black Money' New Delhi/ Zurich: Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over...

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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...

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92% of workers stopped receiving payment from employers: Report

-The Hindu SWAN, which relaunched its helpline in April, releases findings based on over 8,000 callers Bengaluru: Migrant workers, one of the more vulnerable groups left in lurch during the national lockdown called by the Centre last year, are facing another crisis during the second wave of COVID-19. This time around, the problem is compounded by a lack of savings, which they used up last year. Around 92% of the country’s workforce who...

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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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Covid has pushed seasonal sugarcane cutters in Maharashtra’s Beed to the brink of poverty -Diksha Munjal and Tanishka Sodhi

-Newslaundry.com Daily wage work has dried up and there’s no help forthcoming from the government. The narrow lanes cutting through farmland are dotted with brick, wood and asbestos shanties. One in particular, located in Dhakephal village in Maharashtra’s Beed district, is lit by a single yellow bulb. It’s home to Swati Sriganga Ramdave, 24, and her family of seven. Outside the house, Swati’s youngest daughter Aarohi, 4, tugged at her grandmother Gitabai’s sari,...

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