-Deccan Chronicle Bail-in clause in the proposed law can make you lose your rights on your bank deposits. As part of a host of banking reforms, the Central government has approved a bill in June 2017 to enact a new law framing rules for the resolution of failing banks, whose details that surfaced on social media made all bank depositors a worried lot. If the government goes ahead with this move, it...
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With Shifting Accountability on NREGA Payment Delays, Workers Continue to Be Denied Their Due -Rajendran Narayanan, Sakina Dhorajiwala and Rajesh Golani
-TheWire.in Not only is the government failing to make timely payments, but the Centre’s definition of what constitutes a ‘delay’ is also flawed. The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) guarantees 100 days of work in a year for every rural household that demands work. In the current financial year, over 152 crore person days of work has been generated through the programme. The Act mandates that every worker must...
More »The Truth That GDP Figures Conceal -Bodapati Srujana
-Newsclick.in The estimated growth rate for the second quarter has been declared as 6.3%, but this is nothing that an average Indian should celebrate. The quick estimated growth rate of GDP for the second quarter (Q2) of 2017-18, has been declared as 6.3%, compared to 5.7% of the previous quarter (Q1). This is seen by many, including Mr Jaitley, as a sign that India’s economic growth is back on track. According to...
More »Kashi credits Naga girl, not its municipal body, for clean ghats -Neha Lalchandani
-The Times of India VARANASI: In 2013, Temsutula Imsong moved to Varanasi and with a group of friends completely changed the look of several ghats along the Ganga. Imsong, who is from Nagaland, worked for days with her colleagues from NGO Sakaar, to manually clean the ghats that were full of garbage and excreta. Her work was even acknowledged by Prime Minister Narendra Modi. Now, when most ghats are being looked after by...
More »Delhi Metro ridership falls by 3.2 lakh during fare-hike month
-The Times of India NEW DELHI: Delhi Metro witnessed a Massive dip of more than three lakh in daily ridership in October this year as compared with the previous month. This is the steepest month-to-month fall in Metro ridership ever and appears to be linked to the fare hike in October. On October 10, the Delhi Metro Rail Corporation (DMRC) implemented the second phase of fare hike after the first round of...
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