-The Indian Express Official sources told The Indian Express that the database will contain more than 4.5 lakh cases, including profiles of first-time and repeat offenders, based on details compiled from prisons across the country. India is all set to roll out the National Registry of Sexual Offenders on Thursday, and will become the ninth country in the world to set up and maintain such a database. The Indian registry will...
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Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)
-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »MUDRA loans is another crisis in the making, says Raghuram Rajan -Raghuvir Srinivasan
-The Hindu Flags risks in MUDRA, Kisan credit card loans in his report to MPs’ panel New Delhi: Former RBI Governor Raghuram Rajan has cautioned that the next crisis in India’s banking sector could come from loans given to the unorganised micro and small businesses, called MUDRA loans, and credit extended through the Kisan credit card. MUDRA loans are offered under the Prime Minister Mudra Yojana or PMMY, launched in 2015 by the...
More »India needs 30 lakh buses for transport, has only 3 lakh -Dipak K Dash
-The Times of India NEW DELHI: The total number of buses available for transporting general passengers is less than one-tenth of the requirement, posing an enormous logistical challenge. According to government data, there are about 19 lakh buses in the country and only 2.8 lakh of them are run either by state transport undertakings or under stage carriage permits. "We need about 30 lakh buses to meet the requirement of general passengers....
More »Total government liabilities rise to Rs 79.8 lakh crore in Q1: Finance Ministry report
-PTI NEW DELHI: Total liabilities of the government increased to Rs 79.8 lakh crore at end-June 2018 from Rs 77.98 lakh crore at end-March 2018, latest data on public debt showed Friday. Public debt accounted for 89.3 per cent of total outstanding liabilities at end-June 2018 with internal debt accounting for 83.0 per cent share. Nearly 24.9 per cent of the outstanding dated securities had a residual maturity of less than five years....
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