-The Indian Express The Supreme Court had, in 2006, ordered that a Police Complaints Authority be set up in each state to look into complaints against officers of the rank of Superintendent of Police and above New Delhi: A police Complaints Authority, which will look into grievances against police personnel, will be formed in Delhi soon. The Supreme Court had, in 2006, ordered that a Police Complaints Authority be set up...
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Lack of transparency plagues India's new insolvency and bankruptcy regime -Nitin Sethi
-Scroll.in A year after its launch, the new process that handles the recovery of crores of rupees of unpaid corporate debt is shrouded in opaqueness. India’s new insolvency and bankruptcy regime has been functioning for a year without any disclosure norms or mandatory transparency regulations. In the first year of its application, the regime is already dealing with more than 450 cases that add up to thousands of crores of rupees...
More »India second most unequal region in wealth distribution: report -Jitendra
-Down to Earth India’s 10 per cent rich share 55 per cent of the national income, making it the second most unequal region after the Middle East India emerged as the second most unequal region in the world after the Middle East, according to the World Inequality Report 2018. The 10 per cent of super rich population share 55 per cent of the national income of the country. In the Middle...
More »Health tips -K Sujatha Rao
-The Indian Express Instead of cancelling hospital licences, bring in patient centric laws, institutional capacity to enforce them. The grievous error in declaring a live baby dead by the capital’s Max hospital, following closely on the heels of Fortis hospital charging exorbitant amounts for the treatment of a seven-year-old child diagnosed with dengue, seem to have pushed things to a tipping point. The government responded by cancelling the licence of Max — a...
More »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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