10-02-2017

the hindu
1. The temptation to go viral.

The Good Samaritan law has not sufficed to create the confidence it takes to act in an accident scene like the one witnessed in Koppal. The reluctance to do something is habitually guided by apprehension

Newspapers recently published a story about a young man who lay bleeding on a road while onlookers took pictures of him and made a video.

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2. Prudence amid uncertainty.

For the first time in six meetings this fiscal, the Reserve Bank of India has shifted its policy poise, moving to ‘neutral’ from an ‘accommodative’ stance. The central bank’s Monetary Policy Committee has opted to sit pat on read more

3. Bowing down to patriarchy.

One of the success stories of affirmative action in India has been the implementation of reservation of seats in local body elections for women, to the order of 33% or more.  read more

4. TPP is dead, but its legacy lives on.

India’s interest in becoming an APEC member is likely to come up for discussion between MEA officials and their American counterparts during Prime Minister Narendra Modi’s trip to the U.S. this month.  read more

tio
1. Aadhaar now must to avail food security benefits, says Centre.

The food security scheme, among the biggest welfare schemes of the government, will now be mandatorily linked to Aadhaar. The move came into force from Wednesday across the country except in Assam, Meghalaya and Jammu and Kashmir.   read more

2. State funding of polls not practical: Jaitley

The government dismissed on Thursday suggestions for state funding of polls, saying it is not practical in the Indian context even as it expressed willingness to modify the Budget proposal of capping cash donations at Rs 2000 per source to parties and issuing electoral bonds.  read more

3. Parrikar, Mattis to further expand India-US defence ties

India may be wary about how things will pan out with the new Donald Trump administration on the political, economic and other fronts, but there is no such pressing concerns on the bilateral defence ties.  read more

tie
1.The road for Rate cuts?

Until Wednesday, a 25 bps policy rate cut was round the corner. Headline inflation was reasonable, but growth slowed, forcing economists to logically predict a rate reduction during the RBI’s monetary policy review. Big misjudgment, as it happens. Citing upward risks to inflation and global headwind, the central bank unexpectedly turned hawkish.  read more

2.Time to ban age discrimination.

The Assam government gave us an opportunity earlier this week to examine the way we treat our elders. In his Budget presentation, the state’s finance minister said a law would be enacted to dock a government employee’s pay if he or she was neglecting the care of aged parents.  read more

3.Cut ‘Wasteful’ subsidies: Arvind Subramanian.

NEW DELHI: Universal Basic Income scheme, proposed in the Economic Survey, will work only if ‘wasteful’ subsidies are phased out, Chief Economic Advisor Arvind Subramanian said.  read more

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