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In last 10 years, Parliament passed 47% bills without debate -Mohua Chatterjee

-The Times of India NEW DELHI: At a time when a delayed schedule for this year's Winter Session of Parliament is a matter of discussion in political circles, an examination of records shows that 47% of bills in the last 10 years were passed without any debate. There has also been a steady reduction in parliamentary hours, a comparison with records of the first 20 years since 1952 show. Between 1952 and...

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Banks can wipe out your money -BR Muralidharan

-Deccan Chronicle Bail-in clause in the proposed law can make you lose your rights on your bank deposits. As part of a host of banking reforms, the Central government has approved a bill in June 2017 to enact a new law framing rules for the resolution of failing banks, whose details that surfaced on social media made all bank depositors a worried lot. If the government goes ahead with this move, it...

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Concern over bail-in -Jayanta Roy Chowdhury

-The Telegraph New Delhi: Politicians of various stripes have started to raise red flags about a provision in a bill that the Narendra Modi government intends to move in the Lok Sabha in the upcoming winter session, which could theoretically allow beleaguered banks and financial institutions to scoop up depositors' money to stop them from going bust. It is called a "bail-in" - a concept coined during the European banking crisis of...

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Transgender rights: House panel proposed, govt rejects -Shalini Nair

-The Indian Express The report recommended specific provisions in the ministry’s version of the transgender Bill, to safeguard their rights, protect them against discrimination, and provide quotas in government colleges and jobs. The Union Ministry of Social Justice and Empowerment has decided to junk the recommendations of a parliamentary committee report which was the first ever government document to recognise the rights of transgender persons to partnerships and marriage, so that they...

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Fund crunch: 88% of NREGA budget over, 6 months left -Shalini Nair

-The Indian Express Last financial year, of the additional Rs 15,000 crore that the MoRD sought in supplementary demands, the Finance Ministry cleared only Rs 9,000 crore. Despite the Centre’s claim that this year’s MGNREGA budget is the highest ever, almost 88 per cent of the funds available for the scheme have already been exhausted, just halfway through the financial year. As of next week, only Rs 6,000 crore of the Rs...

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