Nearly 2 lakh farmers committed suicide in India since 1997. The share of big five states accounted for 1,22,823 suicides in this 12 year period. The data compiled by the National Crime Records Bureau points out that 16,196 farmers in India ended their life in 2008. K Nagaraj, an economist, in his report Farmers' suicides in India: Magnitude, Trends and Spatial Patterns, says, "The title to land was taken as the...
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Delhi High Court makes public assets of judges
All the judges of the Delhi High Court led by Chief Justice A. P. Shah on Friday made their assets and investments public by uploading the details on the Court’s website. Before these details were uploaded, each judge submitted the details of his or her assets to the Chief Justice. The asset details include properties in the judge’s name or in the name of his/her spouse or his/her dependant family members. A...
More »Wary SC judges take bank details off website by Dhananjay Mahapatra
After taking the historic step of putting details of their assets and liabilities on the Supreme Court’s official website, some of the judges had to scurry for cover in the face of looming threat from cyber criminals and had to change their bank account numbers. Speaking at a national consultative meeting on launching of cyber law enforcement programme on Sunday, Chief Justice K G Balakrishnan said, "We had put on...
More »Private banks gear up to take on public banks in rural India by Anita Bhoir
India’s private sector banks are busy drawing up plans to attack public sector banks in their backyard—rural India—by opening hundreds of new branches. They don’t need to seek the Reserve Bank of India’s (RBI) nod any more to open branches in smaller towns and large villages, the so-called tier III to VI centres with population below 50,000. The Indian central bank has also permitted private and public sector banks to...
More »Indians spend 25% of income on food, 1.5% on health, 1.4% on EMIs
Of Indian households’ total annual income, 0.22 per cent is spent on buying newspapers — that is, if total national household annual income was Rs 100, 22 paise would be set aside for newspapers. Paying off bank loans (expenditure under equated monthly instalments) takes up 1.4 per cent of total household annual income. The share of health expenditure is 1.5 per cent, and that of education expenditure, 3.21 per cent....
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