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A Dangerous Bill on Banks: Where Depositors Are Made to Pay For Corporate Defaulters -Prabhat Patnaik

-TheCitizen.in FRDI BIll will do irreparable damage to yet another institution of Indian economy NEW DELHI: The BJP government, it appears, cannot remain content without inflicting irreparable damage on the institutions of the Indian economy. Its latest move in this direction is the Financial Resolution and Deposit Insurance (FRDI) Bill which was introduced in Parliament on the last day of the winter session and is now with a Select Committee. What this Bill...

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Bank depositors' interests will be protected, assures PM

-The Hindu Business Line Blames UPA for NPA mess; says industry bodies should have been more vigilant New Delhi: Prime Minister Narendra Modi did not mince words when he addressed industry captains at the 90th Annual General Meeting of the Federation of Indian Chambers of Commerce and Industry here on Wednesday. In a speech that lasted slightly over 45 minutes, Modi put to rest all concerns pertaining to use of individuals deposits for...

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Delhi air pollution: A (crop) burning issue, and the way out -Harish Damodaran

-The Indian Express Delhi air pollution: The current smog and poor air quality in the National Capital Region has been blamed in part on stubble burning by farmers, especially in neighbouring Punjab and Haryana. What is the genesis of the problem? What are its potential solutions? * How widespread is crop stubble burning? It is mainly confined to Punjab, Haryana and parts of western Uttar Pradesh and Uttarakhand, where farmers grow paddy and...

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Demonetisation may have hurt more than it helped -Amulya Ganguli

-IANS It will take time for the economists to figure out whether the fall in the growth rate to 5.7 per cent is the result of the disruption caused by demonetisation and the Goods and Services Tax (GST), but most of the common people will see a connection between the two steps and a slowing down of the economy. For most of them, the GST seems right -- like the uniform civil...

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Madhya Pradesh to compensate farmers selling at lower than MSP -Milind Ghatwai

-The Indian Express The registration of farmers will begin from September 1. Besides personal details like phone number, bank account details and Aadhaar number, the farmers will have to share details of cultivation and acreage Bhopal: The Madhya Pradesh government is set to roll out a populist scheme to compensate farmers when they are forced to sell their crops below the minimum support price (MSP) in mandis. The move by the...

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