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

2023-24 net direct tax collections exceed budget estimates by 7.40%

The provisional figures of direct tax collections for the financial year 2023-24 show that net collections are at Rs. 19.58 lakh crore, 17.70% more than Rs. 16.64 lakh crore in 2022-23. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget for FY 2023-24 were fixed at Rs. 18.

‘World’s biggest festival of democracy’ begins

The much-awaited General Elections of 2024, billed as the world’s biggest festival of democracy, began on Friday with Phase 1 of polling in 102 Parliamentary Constituencies (the highest among all seven phases) in 21 States/ UTs and 92 Assembly Constituencies in the State Assembly Elections in Arunach

A sustainability warrior’s heartfelt stories of life’s fleeting moments

Fit In, Stand Out, Walk: Stories from a Pushed Away Hill By Shailini Sheth Amin Notion Press, Rs 399

What EU’s AI Act means for the world

The recent European Union (EU) policy on artificial intelligence (AI) will be a game-changer and likely to become the de-facto standard not only for the conduct of businesses but also for the way consumers think about AI tools. Governments across the globe have been grappling with the rapid rise of AI tool

Indian Railways celebrates 171 years of its pioneering journey

The Indian Railways is celebrating 171 glorious years of its existence. Going back in time, the first train in India (and Asia) ran between Mumbai and Thane on April 16, 1853. It was flagged off from Boribunder (where CSMT stands today). As the years passed, the Great Indian Peninsula Railway which ran the

Vasudhaiva Kutumbakam: How to connect businesses with people

7 Chakras of Management: Wisdom from Indic Scriptures By Ashutosh Garg Rupa Publications, 282 pages, Rs 595

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