-Scroll.in Because the exercise was doomed to fail in its primary objective of rooting out black money, the government kept changing its aims. We have travelled a long way from November 8, 2016, when Prime Minister Narendra Modi told us that the black money held in Rs 500 and Rs 1,000 currency notes would become “worthless pieces of paper”. Now, we are told by the finance ministry that the government expected...
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RBI says 98.96% of Rs 500, Rs 1000 notes returned after demonetisation -Gopika Gopakumar
-Livemint.com RBI annual report estimates value of Rs 500 and Rs 1000 notes returned was Rs 15.28 trillion against Rs 15.44 trillion in circulation before demonetisation Mumbai: According to Reserve Bank of India’s (RBI) annual report released Wednesday, 98.96% of Rs 500 and Rs 1000 notes (by value) that were invalidated due to the demonetisation exercise had been returned by the end of June. The numbers put to rest one of the big...
More »Privacy: Many-splendoured right which needs to be at forefront of civil liberties -Madhavi Goradia Divan
-Hindustan Times The judgment in Puttaswamy takes privacy far beyond the confines of Article 21 and weaves it into other fundamental rights such as the freedom of conscience, the freedom of assembly and the freedom of occupation. Fundamental rights were once described by the Supreme Court as “empty vessels into which each generation must pour its content in light of its experience” (PUCL v Union of India (2003) 4 SCC 399). Close to...
More »How a Bihar NGO siphoned off crores in govt funds under govt nose -- with some help -Santosh Singh
-The Indian Express Srijan Mahila Vikas Sahyog Samiti Limited, providing vocational training to women and selling pickles, allegedly pilfered funds from Bhagalpur district administration’s various accounts for at least half a dozen welfare schemes. Bhagalpur: Over 10 years and across two governments, of JD(U)-BJP and the RJD-JDU, one Bhagalpur NGO allegedly siphoned off an estimated Rs 700 crore of public funds. Nine FIRs and 12 arrests later, the Bihar government ordered...
More »Govt does not calculate 57 per cent compensation dues to MGNREGA workers: Study
-The Indian Express The study done independently by Rajendran Narayanan of the Azim Premji University said the money the government does not pay rural workers constitutes 57 per cent of the total compensation due to workers. An independent study on 92 lakh MGNREGA transactions across 10 states has found that the central government does not calculate or pay any compensation for a part of the last-mile delay before money reaches Bank Accounts...
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