-The Hindu There has been a 33 per cent rise in the number of train derailments this fiscal compared to the previous year. “We have been able to reduce unmanned level crossing accidents to an extent. However, accidents due to derailment have gone up to 68 this year from 51 in the previous year,” Railway Board Member Traffic Mohd. JAMshed told a press conference here on Wednesday. He, however, said the total number...
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Most corrupt are roaming scot-free, indicates official crime data
Although corruption touches every section of the Indian society, there are very few complaints made against bribery or corrupt people. How can one explain this contradiction? Is it the case that the laws relating to corruption are so weak and toothless in our country that people seldom rely on them to get justice? Recent research based on data from the National Crime Records Bureau (NCRB) confirms the above-mentioned fact. Please click...
More »'Only 19% of registered corruption cases end in conviction'
-PTI NEW DELHI: Among every 100 corruption cases registered by investigation agencies only about 19 ended in conviction of accused, analysis of data for last 15 years by a voluntary group shows. The findings of the data crunching done by Commonwealth Human Rights Initiative from 2001-15 shows Punjab has the best conviction rates with 36.58 per cent of registered cases ending in conviction. The national average of conviction in graft cases which reach...
More »Why demonetisation is a disaster - detailed analysis of RBI data -JAMes Wilson
-TheNewsMinute.com How much black money will get back into the system? As of November 8, high-denomination notes of Rs. 500 and Rs. 1000 were 86.4% of the total currency in circulation, and ceased to be legal tender due to the demonetisation. RBI denotes these demonetised notes as “Specified Bank Notes” (SBN). As per RBI Annual Report 2015-2016, as of March 31, 2016, the value of the total SBN is Rs. 14.18 lakh...
More »Esther Duflo, development economist and a professor at the department of economics at the Massachusetts Institute of Technology (MIT), interviewed by Roshan Kishore and Pramit Bhattacharya (Livemint.com)
-Livemint.com Economist Esther Duflo on demonetisation impact, role of randomized control trials in policymaking, low priority assigned to health and education in India New Delhi: India’s demonetisation of high-value currency notes is a dramatic example of a policy announcement made without any serious thought given to implementation, said Esther Duflo, one of the leading development economists of the world and a professor at the department of economics at the Massachusetts Institute of...
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