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Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)

-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...

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Electoral Bonds prize anonymity, you won't know who's bought them -Milan Vaishnav

-The Indian Express Far from reducing opacity in how politics is financed, this new vehicle merely legitimizes it. It is an open secret that political finance in India is, to put it mildly, a sordid affair. When it comes to political contributions, opacity reigns. The situation is not much better when it comes to expenditure, as candidates regularly declare laughably small amounts of campaign spending in order to give the appearance...

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Failing banks: Govt looking at refund mechanism to protect depositors -Richa Mishra & KR Srivats

-The Hindu Business Line Bonds to make up for shortfall being considered New Delhi: To ensure that a depositor does not lose his/her money during a resolution or insolvency process of any failing bank, the government was considering a refund mechanism. The newly proposed resolution and insolvency framework for financial entities envisages the framing of a new scheme for refund of depositors’ monies in troubled banks, while providing higher protection to them, sources...

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Private school fee regulation law constitutionally valid: HC

-PTI AHMEDABAD: In a relief to parents of children studying in private schools, the Gujarat High Court today said the state government's law to regulate fees was constitutionally valid. Rejecting around 40 petitions opposing it, a division bench of Chief Justice R Subhash Reddy and Justice V M Pancholi upheld the Gujarat Self Financed Schools (Regulation of Fees) Act, 2017. The court ruled that state legislature is competent and has the authority to...

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Farmers seek income security law in pre-budget consultation -Gireesh Chandra Prasad

-Livemint.com At a pre-budget consultation, farmers and agriculture economists call for steps to reduce input costs New Delhi: Farmers on Tuesday urged finance minister Arun Jaitley to statutorily ensure income security for them and simultaneously take steps to reduce input costs and thereby make farming profitable. The suggestions from the Consortium of Indian Farmers Associations (CIFA) and agriculture economists was made at the first of the pre-budget consultation. “The median agriculture income is...

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