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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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Crop insurance footprints increased but delayed claim payouts left farmers in crisis -Vishwa Mohan

-The Times of India NEW DELHI: New Delhi: New crop insurance scheme, launched in Kharif (summer-sown) season of 2016, has increased its footprints across the country with more area being covered in 2016-17 as compared to 2015-16 and 2014-15, but it has miles to go before it can actually bring relief to farmers due to current delay in claim disbursement. The claim settlement is not as fast as it was expected during...

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India to seek permanent solution to food stock issue at WTO

-PTI Buenos Aires: Commerce and Industry Minister Suresh Prabhu has said that a permanent solution to the public stockholding of food stock is a "must have" at the 11th ministerial conference of the World Trade Organisation (WTO) which begins here today. The permanent solution, the minister said, should also cover the current as well as future programmes of all developing member countries and LDCs as it concerns the livelihood of millions of...

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India on the verge of a looming soil crisis, say experts -M Somasekhar

-The Hindu Business Line The declining response ratios due to excess spraying of fertilisers, which leads to wasteful expenditure on fertiliser subsidy, only leads to loss of key national resources Hyderabad: India is on the verge of a looming soil crisis which can potentially impact its agriculture in the near future, says a report. A third of the total 350 million hectares has already turned problematic. Soil is turning either acidic, saline, sodic...

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The Ugly Reality of Caste Violence and Discrimination in Urban India -Ashwini Deshpande

-TheWire.in Data on caste-based violence in metropolitan cities confirms the grim reality that sits at odds with the narrative of an aspiring global superpower. A mention of violence against Dalits on account of their caste readily bring forth images from rural or small-town India; depending on our vintage these could be from late 1970s’ horrific Belchi and Pipra massacres, or of the more recent public flogging of Dalits in Una, Gujarat. We...

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