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Pkeday: January 2013

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Thursday, 31 January 2013. Understanding Direct Cash Transfers. Upon unveiling this reform, Congress instantly came under heavy firing for both the policy and their motives behind it:. Congress has been accused of using this reform to transfer large sums of money to the electorate and in effect buying the votes of the less well-off. This criticism is particularly supported by the timing of the reform and the rush with which Congress is attempting to implement it. Lag in increasing benefits:. With direct ...

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Pkeday: December 2012

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Monday, 24 December 2012. Don't let them off this easily. The protests in Delhi has the Government reeling back in shock. Once again we see the extent of disconnect between the people and our leaders. They had no idea how much rage was simmering among the people. They never fathomed such a reaction. Hence they never took to solving the problem seriously. Why are we discussing how to make his life more miserable after he gets caught, when the chances are he won't? Let us be straight here; we have no reaso...

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Pkeday: July 2013

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Tuesday, 30 July 2013. Back to the Basics: What is CAD and why does it matter? By now we have all read or heard from one source or the other that India is suffering a huge Current Account Deficit (CAD). This post is for those who are wondering what this is and why does it make a difference. A lesson in Economics. Capital account is the measure of money that enters and leaves our country in terms of investments. There are three main forms that this can take:. Foreign Direct Investment (FDI):. So what happ...

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Pkeday: September 2011

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Thursday, 15 September 2011. While these intellectuals don't do anything themselves, they deem themselves worthy of dictating what other's should do. They all make it a point to state that they are not 'arm-chair' critics, but that is exactly what they are. Such individuals can broadly be categorised into four categories. However, as the first two steal points from the third (made clear later) it is sometimes hard to distinguish between them. The four categories are:. Even the government, which at one po...

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Pkeday: September 2012

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Monday, 24 September 2012. PS - I'm sorry. Dear Dr. Manmohan Singh,. Let me begin by congratulating you on your latest set of reforms and also your new resolve for reforms. I am 100% behind you on both aspects. I think the address to the nation was also a good move and long overdue, and once again I am in complete agreement with whatever you. Say However, I have some objections about the things you did not. You should have apologised that under. Rule the CWG and 2G scandal took place. You should have...

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Pkeday: Review: 'Rape Law'

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Friday, 5 April 2013. Do you have a disgruntled (former) girlfriend or parents of a high school sweetheart who did not approve of your physical relationship? Well then - you are screwed. On the 3rd of April, the President approved the Criminal (Amendment) Law Bill which does as much harm, if not more, as it does good. In an earlier blog post (found here. Amendments in the Code of Criminal Procedure (1973):. If the victim is below the age of 18 she does not need to confront the accused. Guilty unless prov...

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Pkeday: Foreign Homosexual Couples Barred from Renting Surrogates

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Friday, 18 January 2013. Foreign Homosexual Couples Barred from Renting Surrogates. Recently, the Union Home Ministry has issued stringent guidelines regarding visas issued to foreigners seeking to 'rent a womb' in India. Most of the recommendations seem sensible although cumbersome. However, there is another clause that bars homosexual couples from this service. India moves ahead, our leaders pull us back. Subscribe to: Post Comments (Atom). View my complete profile. There was an error in this gadget.

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Pkeday: Back to the Basics: The Game of Elections

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Friday, 19 July 2013. Back to the Basics: The Game of Elections. Those familiar with economics will recognize my attempt at explaining the basics of Game Theory. But to understand the need for this we must first understand how elections take place in India and what are the implications. What does such a mechanism imply? This may seem like an unfair mechanism, specially when compared to the proportional representation. Labels: back to the basics. 22 July 2013 at 16:11. 22 July 2013 at 16:58. Suppose there...

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Pkeday: Back to the Basics: What is CAD and why does it matter?

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Tuesday, 30 July 2013. Back to the Basics: What is CAD and why does it matter? By now we have all read or heard from one source or the other that India is suffering a huge Current Account Deficit (CAD). This post is for those who are wondering what this is and why does it make a difference. A lesson in Economics. Capital account is the measure of money that enters and leaves our country in terms of investments. There are three main forms that this can take:. Foreign Direct Investment (FDI):. So what happ...

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Pkeday: March 2013

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Thursday, 28 March 2013. Financial Sector Legislative Reforms Commission (FSLRC). Need for a revamp of the financial sector laws in India. There are over 60 Acts and several rules/regulations in the financial sector with some of the laws dating back decades. This is especially inconvenient due the the major changes in the financial sector landscape through the reforms over the years. With each passing round of amendments these laws have become increasingly complex and ambiguous. Another Commission - Anot...