-The Telegraph Bhubaneswar: The Naveen Patnaik government is planning to provide edible oil, salt and finger millet - considered one of the most nutritious cereals - to the poor at subisidised rates under the food security scheme. It plans to implement a food security scheme on line of the National Food Security (NFS) programme. "Work is on to prepare a detailed plan to this effect. We will bring it in the coming annual...
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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...
More »Preparing For Cyprus Moment: Centre May Allow Banks To Use Your Hard-Earned Deposits In Case It Collapses -Kumar Shankar Roy
-Outlook Scary Bail-in clause in FRDI Bill cleared by the Union Cabinet in June 2017 allows banks to finance themselves using depositors money. Priding themselves for being 'cash-less' post demonetization last year, some Indians may come face to face with a horrific post-apocalyptic future where they could be deposit-less too. Yes, this could be a reality unless the government of the day removes the unholy 'bail-in' clause that theoretically allows beleaguered banks...
More »Universal health coverage is the best prescription -K Srinath Reddy
-The Hindu UHC provides the framework in which the issues of access, quality and cost can be integrated Three recent incidents involving the health-care sector in Delhi have sparked widespread outrage over the alleged mercenary motives and callous conduct of high-profile corporate hospitals. Two cases involved children with dengue who died soon after leaving these hospitals in a serious condition after their families were presented huge hospitalisation and treatment bills. The third...
More »Centre to withdraw ban on sale of cattle for slaughter
-The Times of India NEW DELHI: The Centre has initiated moves to withdraw its controversial May 23 notification banning sale of cattle for slaughter in livestock markets and will bring an amended version specifying dos and don'ts intended to prevent cruelty to animals and address Safety and hygiene issues. The environment ministry has written to the law ministry seeking its view on withdrawal of the notification so it can bring an amended...
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