The Reserve Bank of India's (RBI) first monetary policy review of fiscal 2017-18 was presented last week amidst expectations of a status quo on the interest rates and speculation of action on a few irritants like the problem of excess liquidity. As expected, the repo rate was left untouched. Surprisingly, the reverse repo rate was increased by a quarter percentage point to six percent and the marginal standing facility (MSF) rate was reduced by an equal amount to 6.5 percent.
Lucknow, April 9 (IANS) If Prime Minister Narendra Modi's most publicised statement over the years has been "na khaaonga, na khaane doonga (neither will I take bribes, nor will I allow anyone to either)", for the 21st Uttar Pradesh Chief Minister Yogi Adityanath, the credo seems to be "na soounga, na sone doonga" (Neither will I sleep, nor will I allow anyone to). A bachelor and a workaholic, Yogi is working long hours every day, say his aides.
Lucknow, April 4 (IANS) The gloves are finally off in the Samajwadi Party (SP), which was badly mauled by the Bharatiya Janata Party in the recent state elections. Although he sidelined both his father Mulayam Singh Yadav and uncle Shivpal Singh in the run-up to the polls, former Chief Minister Akhilesh Yadav now finds himself in the line of fire with more and more voices in the party questioning his leadership.
Begging is a crime in 20 states and two Union territories (UTs) of India, reflecting society's embarrassment at manifest poverty and annoyance at perceived encroachment of public spaces.
In most places, people can be arrested for "looking poor", as our analysis of laws in 18 states and UTs shows. Laws allow the police to round up beggars without warrant and judges to confine them in government-run institutions for long or indefinite periods -- a violation of constitutional principles.
Of the 30 million pending court cases in India as of December 2014, over 80 per cent are in district and subordinate courts, which are short of about 5,000 (23 per cent) judges. But filling vacancies may not be the universal answer, according to our analysis, which found only a weak direct correlation between shortage of judges and performance of lower courts.
These are trying times. Even some friends are turning. They probably see their interest better protected by keeping their options open for adjustments, should excesses increase. And even if they show their residual spunk by digging in their heels in favour of Lucknow's iconic Tunday Kababi, how will it help matters?
Over 10 years (2006-15), Uttar Pradesh (UP) transferred Indian Police Service (IPS) officers at four times the Indian average, according to an analysis of Bureau of Police Research and Development (BPRD) data.
Although the rate of transfers declined 37 per cent over this period, the average IPS officer stayed at her post for less than a year over this period. Regardless, the crime rate doubled.
In the confrontation between the Akhil Bharatiya Vidyarthi Parishad (ABVP) and the Leftist students in the various campuses, the saffron brotherhoods muscular nationalism is facing stiff resistance not so much from the traditional politicians, despite their occasional interventions, as from the students.
Indias infant mortality rate (IMR) reduced by 16 points over the last 10 years -- 41 children below the age of one died per 1,000 live births, down from 57 a decade ago, according to the India fact-sheet of the National Family Health Survey 2015-16 (NFHS-4), the largest-ever assessment of the countrys health and family welfare indicators.
It is not often that the world finds itself at the cusp of a revolution, and an industrial one is even more uncommon. India missed the bus on the first major industrial revolution that was brought about in 18th century Britain, on account of being on the wrong side of colonial history. No other phase of innovation has transformed the industrial landscape to a similar extent, except the digital revolution in the latter half of the 20th century.