-The Hindu The intent of the rules is unclear and there are several consumer protection rules already in place In June, the Union Ministry of Consumer Affairs, Food and Public Distribution came out with a list of proposed amendments to the Consumer Protection Act of 2019. These include appointment of a Chief Compliance Officer and a Resident Grievance Officer, provisions of fallback liability, registration of e-commerce entities and a ban on flash...
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Jean Drèze, economist and honorary professor at the Delhi School of Economics, interviewed by Down to Earth
-Down to Earth The Government of India amended the payment procedure for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) some time ago. Due to this, MGNREGA workers in the states and Union territories faced a delay in their wage payment. This delay came at a time when the second wave of the novel coronavirus disease (COVID-19) was wreaking havoc across the country. MGNREGA was started in 2006. Economist and honorary...
More »SEBI simplifies norms for foreign investors
-The Hindu Scraps broad-based criteria, eases Know-Your-Customer rules; FPIs had sold shares worth over Rs.22,000 cr. in July, August Mumbai: At a time when foreign investors have been selling Indian shares in huge quantum, the Securities and Exchange Board of India (SEBI) has simplified the compliance and operational requirements for foreign portfolio investors (FPIs), to make the regulatory framework more investor friendly. The SEBI board, which met here on Wednesday, decided to do...
More »Rajya Sabha clears bill on voluntary use of Aadhaar as ID proof -Shreya Nandi
-Livemint.com * The law ensures that no one is denied any service for not having Aadhaar as ID proof * An Aadhaar holder can now opt for offline verification through QR code with consent The Rajya Sabha on Monday passed The Aadhaar and Other Laws (Amendment) Bill, 2019, allowing voluntary linking of the 12-digit identification number as part of Know Your Customer guidelines to open bank accounts or get a mobile connection. The law...
More »Jagdeep S Chhokar, one of the founders and trustees of Association for Democratic Reforms, interviewed by Ajaz Ashraf (CaravanMagazine.in)
-CaravanMagazine.in India is often hailed for its democracy, for empowering its poor and ordinary citizens to participate in the electoral process and play a role in shaping the country. This narrative has increasingly come under strain since the Supreme Court, through its March 2003 judgment in Union of India vs Association for Democratic Reforms, made it mandatory for candidates contesting elections to disclose their wealth, educational qualification, and criminal cases pending...
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