3 Things

The Catch Up: 8 February


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This is the Catch Up on 3 Things for the Indian Express and I'm Flora Swain.
It’s the 8th of February and here are the headlines.

Hours ahead of the NDA government’s tabling of a white paper in Parliament on the “mismanagement” of the economy in the UPA era, the Congress today released a “black paper” on the Narendra Modi government’s tenure. Titled '10 Saal Anyay Kaal 2014-2024 (10 years of injustice)’, the black paper says the country’s economy has been “devastated”, unemployment “aggravated” and agriculture sector “destroyed” during the Modi regime, and that it has “abetted” crimes against women and “committed grave injustices” against minorities.

In a sarcastic jibe at the Congress, PM Modi thanked Congress chief Mallikarjun Kharge for coming out with a "black paper" against his government and referred to it as "kaala teeka" (to ward off the evil eye) in the midst of good work being done by his government. He gave his best wishes to all retiring members and expressed the hope that new generations will benefit from their experience.

The Reserve Bank of India’s clampdown on Paytm Payments Bank’s business was a result of persistent non-compliance of the regulator’s norms. Following the central bank’s monetary policy review, RBI deputy governor Swaminathan J said at a press conference that the regulatory actions were taken after giving the firm sufficient time to comply. The RBI last week ordered Paytm Payments Bank to stop accepting new deposits in its accounts or popular digital wallets beginning March.

Days after announcing that a fence would be constructed along the entire 1,643-km-long Myanmar border to facilitate better surveillance, Union Home Minister Amit Shah today said that that the Centre has decided the Free Movement Regime (FMR) between India and Myanmar will be scrapped to ensure the internal security of the country and to maintain the demographic structure of India’s northeastern states bordering Myanmar. Under the FMR, every member of the hill tribes, who is either a citizen of India or Myanmar and who is a resident of any area within 16 km on either side of the border can cross over on production of a border pass with one-year validity and can stay up to two weeks.

Kerala Chief Minister Pinarayi Vijayan led a protest against the Modi government over distribution of central funds to states at New Delhi’s Jantar Mantar today. He said the blow to India’s federal structure is coming from the Union eating into the states’ financial resources. He also added that the rights of states are being trampled upon and that the ‘Centre is eating into our financial resources.’ Chief Ministers of Delhi and Punjab, Arvind Kejriwal and Bhagwant Maan respectively also joined him at the protest.

This was the Catch-Up on the 3 Things by The Indian Express.
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