-PTI New delhi: The Reserve Bank has asked banks to ensure customers’ lockers remain safe and there is “no negligence” that could render banks liable to claims by locker holders, Parliament was informed today. Besides, banks are being probed by the fair trade regulator CCI for alleged cartelisation in providing locker services to their customers. In a written reply to the Rajya Sabha, Corporate Affairs Minister Arun Jaitley said there is no specific...
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SC bench observes apathy for legal provisions under NFSA by state govts.
Will you go and make complaints to the same public official against whom you have a grievance? Of course not. However, in a judgement dated 21 July, 2017 by a two-judge Supreme Court (SC) bench, it has been observed that officers in charge of implementation of the National Food Security Act (NFSA), were also designated as District Grievance Redressal Officers (DGROs) by several state governments. Section 15 of NFSA The SC...
More »RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty
-Livemint.com The RBI survey for June 2017 shows people are as unhappy with their income growth, employment and economic well-being as they were before the Narendra Modi government came to power Perceptions matter. The government of the day will be able to garner more support if people feel their incomes are increasing or their employment prospects have improved. True, non-economic factors matter a lot and, throughout history, the ability to stage circuses...
More »Rural job wage delay
-The Telegraph New delhi: Four in every five workers under the Mahatma Gandhi National Rural Employment Guarantee Act do not get wages on time because of "flawed guidelines", a study released today found. Although the 100-day job scheme provides for payment of compensation of 0.05 per cent of the unpaid wages per day for the period of delay, nearly 33 per cent of the workers do not get any compensation while 47...
More »MGNREGA compensation delayed by Centre or states in around 50% cases: study
-PTI Researchers claimed that the compensation under MGNREGA was delayed either by the Centre or the state governments in almost half of the 92 lakh cases it studied New delhi: Researchers claimed on Friday that the compensation under MGNREGA was delayed either by the Centre or the state governments in almost half of the 92 lakh cases it studied. The outcomes of an ongoing study were shared at a press conference called...
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