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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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One in three pregnancies in India ends in abortion: Lancet -Sanchita Sharma

-Hindustan Times Close to half, or 48%, of pregnancies were unintended and 0.8 million women used unsafe methods for an abortion, putting their health and lives at risk. New Delhi: One in three of 48.1 million pregnancies in India ended in an abortion, according to the country’s first large-scale study on abortions and unintended pregnancies that accounted for 2015 data. The country recorded around 15.6 million abortions in 2015, reports the study published...

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Banning condom ads like throwing baby out with bathwater -Poonam Muttreja

-The Indian Express The advertisement industry itself is no stranger to innuendo and double entendre – and it is a blatant hypocrisy to make advertisements for condoms the scapegoat in this issue. India’s reproductive health is the unsuspecting casualty in the recent tussle on the appropriateness of condom advertisements. The advisory issued by the Ministry of Information and Broadcasting on Monday, December 11, directs television channels to restrict the broadcast of condom...

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Needs a rethink

-The Hindu Business Line The Centre and the JPC must allay depositor concerns on bail-in, in the FRDI Bill There is furious public debate around the Financial Resolution and Deposit Insurance (FRDI) Bill tabled in August and now under the scrutiny of a Joint Parliamentary Committee. The Bill seeks to lay down a clear resolution mechanism for Banks and financial firms in the case of default and this is welcome. But there’s...

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45% Indians paid bribe in past one year: Survey -Rumu Banerjee

-The Times of India NEW DELHI: A survey across 11 states in India by corruption watchdog Transparency International saw 45% of the respondents claim they paid a bribe at least once in the past year to get work done. The share was 43% in a similar survey last year. Nearly 37% of the 34,696 respondents felt corruption had increased, while 14% said it had gone down. Around 45% felt the situation was...

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