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Poll bond transparency test: Govt finalises terms for donation process

-The Telegraph New Delhi: A company that has been in operation for less than three years will be able to donate money to a political party through electoral bonds, according to the terms finalised by the Centre on Tuesday. But a party that could not secure 1 per cent of the vote in the previous election will not be eligible for the electoral bonds. This could pose a funding challenge for new...

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Proposed scheme to address agrarian distress is impractical and does not touch on systemic issues -Roshan Kishore

-Hindustan Times The Indian farmer needs to sell his produce with as little intermediation as possible in order to make decent profits. One of the biggest roadblocks for this to happen is lack of mass demand for the majority of farm produce Faced with the spectre of rural anti-incumbency after the Gujarat results, the Modi government is in firefighting mode. Reportedly, a scheme is being planned to provide partial support to state...

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Time to go to FRDI Bill's roots -Rajrishi Singhal

-Livemint.com Controversy around the bail-in clause aside, FRDI Bill’s clauses 58 and 62(1) regarding governance of a firm declared critical are inherently conflicting Much has been said and written about the Financial Resolution and Deposit Insurance Bill, 2017. The FRDI Bill was scheduled for discussion in Parliament this winter session but will now have to yield to more immediate concerns such as the Gujarat election results and the Central Bureau of Investigation...

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Open to suggestions on Aadhaar: Arun Jaitley -Arup Roychoudhury

-Business Standard Jaitley said the Aadhaar Act, which gave legal backing to the programme in 2016, had substantial provisions to ensure privacy Finance Minister Arun Jaitley reiterated the privacy credentials of the Aadhaar programme and said that the government was open to suggestions from the civil society and stakeholders to further strengthen the unique identification programme’s infrastructure.   Speaking at the launch of a book on the biometric system on Saturday, Jaitley said that...

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Bhargavi Zaveri, senior research associate at the Indira Gandhi Institute of Development Research, interviewed by Nitin Sethi (Scroll.in)

-Scroll.in The Insolvency and Banking Code was brought in as a law in May 2016 to resolve cases of unpaid debts by companies. It allows creditors to initiate insolvency proceedings against defaulting companies so as to recover their money. The code was thought necessary because existing systems of dealing with insolvent companies had failed to deliver, with cases dragging on for years without result. The code sets up an Insolvency and Bankruptcy...

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