-MoneyLife.in The government’s penchant for painting all legitimate questions about its faulty policy-making as scaremongering or anti-national is getting rather irksome. Prime minister Narendra Modi (at the FICCI annual general meeting) and finance minister Arun Jaitley have both responded to fears over the implications of the Financial Resolution and Deposit Insurance Bill (FRDI Bill) , 2017, by lashing out at critics and reassuring people that the government will protect bank deposits....
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How BJP fared in rural Gujarat despite farm distress -Sayantan Bera
-Livemint.com An analysis of the results shows that the Congress did not perform very well in rural Gujarat—where it was expected to—despite worsening distress among farmers New Delhi: The Bharatiya Janata Party (BJP) won a closely contested electoral fight in Gujarat on Monday with a thin margin, upsetting expectations of the Congress that it can wrest back the state after a gap of over two decades. An analysis of the results shows...
More »Lack of transparency plagues India's new insolvency and bankruptcy regime -Nitin Sethi
-Scroll.in A year after its launch, the new process that handles the recovery of crores of rupees of unpaid corporate debt is shrouded in opaqueness. India’s new insolvency and bankruptcy regime has been functioning for a year without any disclosure norms or mandatory transparency regulations. In the first year of its application, the regime is already dealing with more than 450 cases that add up to thousands of crores of rupees...
More »Bamboo can be more profitable than sugarcane and rice! Check out how -Vivian Fernandes
-The Financial Express How about planting bamboo extensively along the banks of the Yamuna to sequester the carbon from Delhi’s vehicle emissions? According to the World Bank, India’s per person emission of carbon dioxide was 1,730 kg a year in 2014. Another website says this has risen to 1,900 kg in 2016. Bharathi Namby, a scientist, says it will take just five bamboo plants a year to make an Indian carbon-neutral,...
More »Bank depositors' interests will be protected, assures PM
-The Hindu Business Line Blames UPA for NPA mess; says industry bodies should have been more vigilant New Delhi: Prime Minister Narendra Modi did not mince words when he addressed industry captains at the 90th Annual General Meeting of the Federation of Indian Chambers of Commerce and Industry here on Wednesday. In a speech that lasted slightly over 45 minutes, Modi put to rest all concerns pertaining to use of individuals deposits for...
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