-PTI FRDI Bill: Jaitley says no need to create fear psychosis, government will consider what panel recommends The Money of all depositors in public-SECtor banks will be protected and the level of protection will be “much higher than the level which existed till today,” Finance Minister Arun Jaitley told Lok Sabha Thursday. Talking about the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 during his reply to the debate on Supplementary...
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Tomato prices plunge to 50 paise a kg, leave farmers in tears in Andhra Pradesh
-The New Indian Express KURNOOL: Prices of tomatoes have crashed to as low as 50 paise per kg at Pattikonda and Alur wholesale markets of Kurnool district after a bumper harvest and low demand, leaving farmers in tears. After transporting the produce to the market by incurring a huge cost, the farmers come to know that the prices have slumped a new low. Not knowing what to do — whether...
More »India can exceed its climate goals while maintaining GDP of 6-7%: report -Mayank Aggarwal
-Livemint.com India can meet its national climate change goals promised under the Paris Climate Agreement, says report by World Resources Institute and Open Climate Network New Delhi: Not only can India meet its national climate change goals promised under the Paris Climate Agreement, but can potentially exceed them while maintaining an annual gross domestic product (GDP) growth of 6-7%, said a new report released on Wednesday. The report, “Pathways For Meeting India’s Climate...
More »FRDI: Grossly at Odds with the Indian Financial System -Sucheta Dalal
-MoneyLife.in The government’s penchant for painting all legitimate questions about its faulty policy-making as scaremongering or anti-national is getting rather irksome. Prime minister Narendra Modi (at the FICCI annual general meeting) and finance minister Arun Jaitley have both responded to fears over the implications of the Financial Resolution and Deposit Insurance Bill (FRDI Bill) , 2017, by lashing out at critics and reassuring people that the government will protect bank deposits....
More »Is the Modi Government Hiding More Than What It Is Revealing With the RTI Act? -MM Ansari
-TheWire.in The Right to Information Act has not been implemented in letter and spirit, which is why the number of RTI appeals and complaints with the Central Information Commission is growing. The Narendra Modi government has made an oft-repeated commitment to promote transparency and participatory decision-making processes to contain the scourge of corruption in public life. While the Right to Information (RTI) Act is used for promoting free flow of information, the...
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