-Livemint.com The National Forest Policy will be an overarching policy for forest management, with the aim of bringing a minimum of one-third of India’s total geographical area under forest or tree cover New Delhi: India’s environment ministry has unveiled a draft of the new National Forest Policy (NFP) that proposes to restrict “schemes and projects which interfere with forests that cover steep slopes, catchments of rivers, lakes, and reservoirs, geologically unstable terrain...

-The Tribune 54 pilot schools in Delhi are changing perception towards schools run by the government Let’s confess. Most of us who complain about the government, on TV and in print, do not need to use government services such as schools and hospitals. The condition of roads impacts our perception of how a government is performing because our air-conditioned cars occasionally travel on those roads — good or bad. If we see...

-The Hindu The slowdown in private investments is visible chiefly in the informal sector, not the corporate sector It is now well recognised that there is an investment slowdown in India, which is delaying a full-blooded recovery in the economy. Private investments, the principle engine of growth, are out of steam. The fall is so severe that it has more than offset the government’s macroeconomic stimulus of increased public investments. The slowdown started...

-Livemint.com Controversy around the bail-in clause aside, FRDI Bill’s clauses 58 and 62(1) regarding governance of a firm declared critical are inherently conflicting Much has been said and written about the Financial Resolution and Deposit Insurance Bill, 2017. The FRDI Bill was scheduled for discussion in Parliament this winter session but will now have to yield to more immediate concerns such as the Gujarat election results and the Central Bureau of Investigation...

-Firstpost.com The Financial Resolution and Deposit Insurance (FRDI) Bill proposes to create a framework for overseeing financial institutions such as banks, insurance companies, non-banking financial services (NBFC) companies and stock exchanges in case of insolvency. The 'Resolution Corporation', proposed in the draft bill, would look after the process and prevent the banks from going bankrupt. It would do this by "writing down of the liabilities", a phrase some have interpreted as a...