EXECUTIVE SUMMARY: Why poor families invest so little in preventive measures? One example is that staff at the health centres that are responsible for vaccinations are often absent from work. Banerjee, Duflo et al. investigated whether mobile vaccination clinics where the care staff were always on site – could fix this problem.  The result- Vaccination rates tripled in the villages.

whether the Chief Judicial Magistrate (for short, “CJM”) is competent to process the request of the secured creditor to take possession of the secured asset under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short, “2002 Act”)? There are conflicting views of different High Courts on this question. The High Courts of Bombay, Calcutta, Madras, Madhya Pradesh and Uttarakhand have interpreted the said provision to mean that only the Chief Metropolitan Magistrate (for short, “CMM”) in metropolitan areas and the District Magistrate (for short, “DM”) in nonmetropolitan areas are competent to deal with such request. On the other hand, the High Courts of Kerala, Karnataka, Allahabad and Andhra Pradesh have taken a contrary view of the same provision, to mean that it does not debar or preclude the CJM in the nonmetropolitan areas to exercise power under Section 14 of the 2002 Act.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 was awarded jointly to Abhijit Banerjee, Esther Duflo and Michael Kremer [all are USA nationals] “for their experimental approach to alleviating global poverty.” Kremer conducted pioneering work with Kenyan schools in the mid-1990s, which […]

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