-United Nations News A new law in India which expedites citizenship for certain religious minorities has been criticized by the UN human rights office for being “fundamentally discriminatory in nature.” The amendment to the Citizenship Act gives priority to Hindus, Hindus, Sikhs, Buddhists, Jains, Parsis and Christians resident in India before 2014, but excludes Muslims, including minority sects. “Although India’s broader naturalization laws remain in place, these amendments will have a...
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Mind the statistics gap -C Rangarajan & S Mahendra Dev
-The Indian Express Growing divergence between consumption expenditure estimates from NSO surveys and GDP data is too big to be pushed under the carpet Recently, we had expressed concerns that with the GDP growth rate falling in the post 2011-12 period, the decline in the poverty ratio would be slow. During 2011-12 to 2018-19, both GDP and agriculture growth were lower than in the earlier period. The terms of trade were not...
More »India taking a wrong turn, we're not Pakistan: Venkatraman Ramakrishnan -Amit Roy
-The Telegraph ‘We don't want young people of India to be distracted from the work of nation building’ London: Sir Venkatraman Ramakrishnan, Nobel Laureate and president of the Royal Society, the prestigious body whose members include the world’s top scientists, has given an exclusive interview to The Telegraph strongly condemning the Citizenship (Amendment) Bill that makes religion a factor in citizenship. He said he would not personally sign the petition organised by “a...
More »SBI under-reported Rs.11,932 crore of bad loans in FY19, finds RBI report
-The Hindu SBI reports Rs.11,932 crore NPA divergence in FY19 The Reserve Bank of India's (RBI’s) inspection report has found out that State Bank of India (SBI) under-reported Rs.11,932 crore of bad loans in FY19, which has pushed the bank to report net loss for the financial year 2018-19. The divergence in net non-performing asset (NPA) was also Rs.11,932 crore, the bank informed the exchanges. According to the RBI, provision requirement for SBI increased...
More »Data: How disabilities make life difficult for the affected -Vignesh Radhakrishnan
-The Hindu A large share of disabled persons not only lose their jobs but have to spend more towards their livelihood A large number of disabled Indians are not literate and also not a part of the labour force. A high proportion of them lost their jobs after the onset of disability, even as their expenses increased. The conclusions are based on the 76th National Sample Survey 2018. Low literacy levels An overwhelming share...
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