BANKING ON BAILOUTS
Why in news? Just one day after it placed the financially troubled Yes Bank under a moratorium, the Reserve Bank of India announced a draft ‘Scheme of Reconstruction’ that entails the State Bank of India (SBI) investing capital to acquire a 49% stake in the restructured private lender. Views on the Moratorium on Yes Bank […]
MAKING THE ENVIRONMENT CONDUCIVE FOR JUSTICE
Why in news? Some of the areas affected by the recent riots in Delhi resemble a battlefield — and more than 50 people have died. Judiciary’s moral authority The role of the judiciary in riot situations is extremely important, in that it could prevent a slide into chaos. The judiciary does not wield a sword […]
EXPLAINED: MEGHALAYA VIOLENCE
Why in news? Last week of February 2020, ethnic violence left three dead in Meghalaya. A Khasi tribal was killed in a clash in a village near the Bangladesh border, followed by a stabbing spree by masked attackers in Shillong and attacks elsewhere, leading to the death of two non-tribal men, both Muslims. The violence […]
DISABLED AND EXTREMELY POOR
Why in news? Using the two rounds of the India Human Development Survey (IHDS) data for 2005 and 2012, the analysis shows there is a link between disability, loss of employment and impoverishment in rural India. Patterns of disability The prevalence of disability was 9.70% in the rural population in 2012. Of the disabled, more […]
SHOULD THE SEDITION LAW BE SCRAPPED?
Why in news? On March 2, a 43-year-old man was charged with sedition after he allegedly chanted pro-Pakistan slogans before the mini Vidhan Soudha at Kundapur in Karnataka’s Udupi district. Last month, the police arrested a school principal and a parent in Bidar, Karnataka, for an allegedly seditious and inflammatory play against the Citizenship (Amendment) […]
READ THEM THE RIOT ACT
Why in news? Delhi police did not responded well during riots and it allowed riots to become bigger. Note: No details are required to read from this article in the Newspaper Background: In Criminal Justice System Law enforcement agency plays a critical role in securing the safety of society. The policing system has been designed […]
AN UNREST, A SLOWDOWN AND A HEALTH EPIDEMIC
Why in news? This article is written by Former Prime Minister Dr Manmohan Singh. He listed following issues India is facing today: Trinity of social disharmony, economic slowdown and a global health epidemic. Social unrest and economic ruin are self-inflicted while the health contagion of COVID-19 disease, caused by the novel coronavirus, is an external shock. Communal tensions have been […]
CAUGHT IN A BUREAUCRATIC WEB
Why in news? The Gauhati High Court declared Sahijuddin a foreigner on November 13, 2015. He had appealed to the High Court against an ex-parte order of the Foreigners Tribunal in Kokrajhar declaring him a foreigner. Mr. Sahijuddin was too poor to afford the services of a lawyer and was not represented before the Tribunal. […]
THE CURRENT STATE OF COOPERATIVE FEDERALISM IN INDIA
Why in news? Amid the growing rhetoric of strengthening cooperative federalism in India, it is useful to pause from time to time and review the actual progress. The ongoing budget season is the right time to carry out a realistic assessment. Details about budget picture: In her budget speech, Union finance minister highlighted the need […]
WHAT IS NEXT FOR VIRTUAL CURRENCY?
Why in news? The Supreme Court set aside a ban by the Reserve Bank of India (RBI) on banks and financial institutions from dealing with virtual currency holders and exchanges. Why did SC put aside ban? The court held that the ban did not pass the “proportionality” test. The test of proportionality of any action by […]