Righting wrongs in land acquisition

Righting wrongs in land acquisition Context: Section 24 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 is in news About the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 The law provided for greatly enhanced compensation, consent of those whose land… Continue reading Righting wrongs in land acquisition

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“India’s Christians, Sikhs face discrimination”

“India’s Christians, Sikhs face discrimination” Context: The British government has been asked to raise concerns on the treatment of Christian and Sikh minorities in India when Prime Minister Narendra Modi visits London for the Commonwealth Heads of Government Meeting (CHOGM) in April. Discrimination faced by Christians and Sikhs in India: During a debate in the… Continue reading “India’s Christians, Sikhs face discrimination”

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Myanmar puts off border pact

Myanmar puts off border pact Context: Myanmar has asked India for more time before the agreement to streamline the free movement of people within 16 km along the border is sealed. Background: On January 3, 2018 the Union Cabinet had approved an agreement between India and Myanmar on land border crossing to enhance economic interaction… Continue reading Myanmar puts off border pact

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High noon

High noon Context: The India Meteorological Department’s forecast of above-normal maximum and minimum temperatures across the country during the pre-monsoon March-May period is a timely alert for State authorities to review their preparedness. Summer temperature in India: A spike in summer temperatures in India is not new, but some scientists contend that a half-degree rise… Continue reading High noon

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Go digital ‘hype’ pushing firms to become efficient, responsive

Go digital ‘hype’ pushing firms to become efficient, responsive Context: Companies are facing an “ever-increasing” pressure to be more open, responsive and efficient with more ‘hype’ and emphasis being placed on becoming digital, according to a report on digitalisation by India’s second largest software exporter, Infosys. Highlights from the report: The report was titled ‘How… Continue reading Go digital ‘hype’ pushing firms to become efficient, responsive

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RBI to inject extra liquidity of ₹1 lakh cr.

RBI to inject extra liquidity of ₹1 lakh cr. Context: The Reserve Bank said it would inject additional liquidity of ₹1 lakh crore in banks through longer tenor instruments to enable flexibility towards meeting their fund needs. Introduction: This will be in addition to normal Liquidity Adjustment Facility (LAF) operations. The RBI will conduct four… Continue reading RBI to inject extra liquidity of ₹1 lakh cr.

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Rolling back free trade?

Rolling back free trade? Context: At the World Economic Forum in Davos, announcement of steep metal tariffs leaves no one in doubt about the meaning of U.S. President Donald Trump’s “America first” agenda. Announcements: A 25% duty on steel and 10% on aluminum imports for an unspecified period. These blanket tariffs are the most comprehensive… Continue reading Rolling back free trade?

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Opacity in the banking sector

Opacity in the banking sector Context: The Nirav Modi case, of bank fraud, has once again brought into focus the deficiencies in procedures and supervisory and regulatory controls in the banking sector. Under the RTI In 2011-12, the Central Information Commission (CIC) considered appeals from applicants concerning bank regulatory functions after they had been denied… Continue reading Opacity in the banking sector

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