-The Hindu Business Line Realising that DeMo pulverised MSMEs, an anxious Centre wants to hurriedly make amends. But loan disbursals may not help The spat between the government and the RBI is primarily in the realm of macroeconomic issues like the size of the reserves the central bank should hold and the methods of monitoring loans that could go bad. Yet, the political intensity of the government’s moves cannot be missed. Apart from...
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Amid institutional decline -Arun Kumar
-The Hindu The issue today is whether a dishonest system can be managed honestly Allegations of interference in major institutions have Been the big news of late. The ongoing fracas in the Central Bureau of Investigation (CBI) has got out of hand, with the two top officials in the chain of command accusing each other of corruption. The recent pronouncements in the Supreme Court do not promise an early resolution. The fight against...
More »Why the farmers want to march again -Rishi Majumder
-The Telegraph 1 lakh farmers and farm labourers plan to march towards Parliament on November 30. But what do they want? Mumbai: We, who are not farmers, tend to think of farmers as a catch-all word. A word that signifies to us a people who work to cultivate something. I have no idea why. I can never see ‘journalists’, for instance, as a catch-all word, even if some others do. This is...
More »Count this: 849 dead, over 1.3k injured in Uttarakhand road accidents this year -Gaurav Talwar
-The Times of India DEHRADUN: A tragic bus accident in Uttarkashi district that left 14 people dead and several injured has once again brought to fore the issue of unsafe roads in the state. In the first 10 months of 2018, 849 people have died in road accidents while 1,334 people have Been left injured in Uttarakhand. Between January and October, a total of 1,191 road accidents were reported from across...
More »PMO's refusal to disclose Raghuram Rajan's letter on bad loans is not legal, says CIC
-Scroll.in The PMO has a ‘moral, constitutional and political duty’ to reveal to citizens who are the defaulters and what action has Been taken against them, it said. The Central Information Commission has directed the Reserve Bank of India and the Prime Minister’s Office to disclose the list of wilful defaulters as well as a letter on bad loans written by the former RBI Governor Raghuram Rajan to the Centre, PTI reported...
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