Five stories you must read over the weekend

From Mathura violence to the fake sim cards, from Raghuram Rajan's bi-monthly policy statement to memorable excerpts from PM's address at US Congress, we replug few must read stories for you

GN Bureau | June 11, 2016


#Raghuram Rajan   #RBI   #Mathura   #Uttar Pradesh   #Narendra Modi   #Weekend  


  • They live as whole families in small straw huts they made with their bare hands, on a patch of land miles away from the nearest town. It looks desolate. But it is, they tell me, “paradise”. Because before they came here, they had been forcibly held as bonded labourers by a plantation master. It is 2016, India is a global power, and I am talking to people who have escaped what is effectively slavery | READ: “India is a global power, and I am talking to people who escaped slavery”


 

  • In December last year, the Uttar Pradesh special task force (UPSTF) arrested more than 100 people for running fake call centres in Delhi and Noida and for duping people by posing as insurance agents. UPSTF additional superintendent Triveni Singh says that the accused procured records of people from insurance companies, got SIM cards on false identity, contacted people as insurance agents, and duped them |  READ: Sin in SIM: Dial F for fraud


 

  • In the second bi-monthly monetary policy statement of 2016-17, RBI governor Raghuram G Rajan on Tuesday decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 percent. On the basis of an assessment of the current and evolving macroeconomic situation, it was also decided keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 percent of net demand and time liabilities (NDTL) | READ: Beyond the rate: Rajan’s prognosis for economy 


 

 

  • The Uttar Pradesh government has acknowledged its failure of operational lapses for the violence that erupted in Mathura on May 2. That, however, is not enough. An armed clash that broke out between police officials and encroachers at the city’s Jawahar Bagh and left as many as 29 people dead, including two policemen, needs a strong perusal | READ: Mis-governance in Mathura

 

Comments

 

Other News

World growth expected to face inflation pressures

World GDP forecasts for 2023 have been revised down again as central banks intensify their fight against inflation and the outlook for China’s property market deteriorates, says Fitch Ratings in its latest Global Economic Outlook (GEO) report. Fitch now expects world GDP to grow by 1.4

200+ bird species documented in Chhattisgarh’s first-ever survey

Nine species of owls (including the magnificent spot-bellied eagle-owl), 10 birds of prey, 11 species of Woodpeckers (including white-bellied woodpecker – the largest woodpecker in peninsular India), and many other species have been documented during a first-ever bird survey in Chhattisgarh.

Cyclists plan ‘memorial ride’ to press demand for infrastructure

Cycling is a passion for many, and it is a way to fitness too. With rising numbers of vehicles on the road, the government encourages this environment-friendly mode of transportation, but it comes with numerous challenges. An accident last month on the Mahipalpur flyover of south Delhi, which took the life

“World headed towards stagflation; India must take care of the poor”

As the post-pandemic fallout and geopolitical uncertainty slows down global economies and sanctions against some nations, energy crisis and inflation are adding to the troubles, India is projected to be decoupled from world economy and fare better. To check if this belief really holds water, in the latest

The changing nature of CSR in India

With the advent of globalization came a new set of challenges for corporations, notably the duty of ensuring the well-being of all stakeholders while also protecting the planet`s natural environment. Although we are dedicated to a faster and more inclusive rate of growth, it is equally imperative that we f

BMC commissioner Chahal conferred with hon. doctorate

BMC commissioner and administrator Iqbal Singh Chahal has been conferred with a Honorary Doctor of Science Degree (honoris causa) by Guru Nanak Dev University in Amritsar, Punjab. Chahal was conferred the degree during the 48th convocation of the University in Amritsar at the hands of Punjab

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter