-The Hindu Business Line Both Andhra Pradesh and Telangana have reneged on loan waiver promises. When Messrs Chandrababu Naidu and K Chandrasekhar Rao, chief ministers of Andhra Pradesh and Telangana respectively, promised to waive farm loans, there was no reason to distrust them. The Election Commission clearly directed the politicians not to make any promises that could not be implemented. They thought all the farm loans would be written off once they formed...
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Who owns our genetic wealth? -Suman Sahai
-The Asian Age There was a news report not so long ago that ICRISAT (International Crops Research Institute for the Semi-Arid Tropics), an international organisation and part of the CGIAR (Consultative Group on International Agricultural Research) consortium, had entered into an agreement with Gubba Cold Storage Ltd. to set up a private seed bank, the first of its kind in India. No details were available of the terms and conditions under...
More »A big bang reform that may be spot on -TT Ram Mohan
-The Hindu The reassuring message in the Pradhan Mantri Jan Dhan Yojana is that in pursuing its economic objectives, the government wants to accord an important role to the public sector even while relying on market mechanisms The goal is hard to achieve. It is costly and unviable. It will create huge stresses in the banking system. The Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (JDY), an ambitious scheme for financial...
More »Finance Minister Relaunches the Varishtha Pension Bima Yojana (VPBY)
-Press Information Bureau/ Ministry of Finance The Union Finance Minister Shri Arun Jaitley said that Varishtha Pension Bima Yojana (VPBY) will benefit the vulnerable section of society with limited resources as it will provide monthly pension ranging from Rs 500/ to Rs 5,000/ per month to senior citizens of the country. The Union Finance Minister Shri Arun Jaitley was speaking after re-launching the Varishtha Pension Bima Yojana (VPBY) here today on...
More »Central govt employees will have to declare family assets
-The Times of India NEW DELHI: All central government employees will now have to declare their immovable/movable assets and liabilities as well as those of their spouses and dependents by July 31 every year. The Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limited for Exemption of Assets in Filing Returns) Rules, 2014 make it mandatory for central government employees to file a statement listing their...
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