-The Hindu EC expresses "serious concern about the cursory manner in which the issue has been dealt with" The Reserve Bank of India (RBI) has turned down the Election Commission’s request to enhance the cash withdrawal limit for nominated candidates in the five poll-bound States, from Rs. 24,000 to Rs. 2 lakh per week, till the declaration of results on March 11. Asking the RBI to reconsider, the EC on Saturday again wrote...
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SC issues notice to Centre, states, UTs, RBI to look into farmer suicides -Satya Prakash
-The Tribune SC issues notice to Centre, states, UTs, RBI to look into farmer suicides New Delhi: The Supreme Court on Friday issued notices to the Centre, states, union territories and the RBI asking them to suggest measures to deal with situations created by natural calamities and indebtedness that often force farmers to commit suicide. A Bench header by Chief Justice of India JS Khehar asked them to file their responses in four...
More »Suicide by farmers is a sensitive matter, says Supreme Court
-PTI NEW DELHI: Supreme Court on Friday favoured a comprehensive national policy to protect farmers, many of whom have committed suicide due to rising debt and crop failures caused by natural calamities, terming it a "sensitive" matter of public interest and human rights. "It is a sensitive matter of larger public interest and human rights which covers the entire country," a bench comprising Chief Justice J S Khehar and Justice N V...
More »Cash withdrawal curbs may be lifted by Feb. -end
-The Hindu With the cash crunch situation easing, Reserve Bank of India may do away with the weekly withdrawal limits from banks as well as ATMs by the end of next month, bankers said. The RBI had recently raised the ATM withdrawal limit to Rs. 10,000 a day but maintained the weekly cap at Rs. 24,000 for savings account and Rs. 1 lakh for current account holders. “I think the restrictions on withdrawal...
More »EC requests RBI to allow higher withdrawals for poll candidates
-The Times of India NEW DELHI: In a relief to candidates contesting the upcoming assembly polls, the EC on Wednesday requested RBI to hike the weekly limit for withdrawals from their poll expenditure accounts to Rs 2 lakh from Rs 24,000 imposed for all in view of the demonetisation. Stating that it had been apprised about the problems being faced by candidates due to imposition of limits on withdrawal of cash from...
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