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Too clever by half? -Venkatesh Athreya

-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...

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Loan waiver to bonus payments, poll-bound states target farmers -Deep Mukherjee & Milind Ghatwai

-The Indian Express While Rajasthan Chief Minister Vasundhara seeks to recover from the recent disastrous bypoll where the BJP lost two Lok Sabha seats and an assembly seat to the Congress, MP’s three-time CM Shivraj Singh Chouhan aims to mitigate three-time anti-incumbency. From crop loan and land revenue waivers to bonus payments and free crop storage, Rajasthan and Madhya Pradesh announced a slew of sops Monday targeting farmers and rural voters...

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15 months after demonetisation, RBI still processing returned notes

-PTI RBI said in the report, for the year ended June 30, 2017, that only Rs 16,050 crore of the Rs 15.44 lakh crore in old high denomination notes had not returned The RBI has said that Rs 500 and Rs 1,000 notes, returned to banks when the government demonetised high-value currency 15 months ago, are still being “processed for their arithmetical accuracy and genuineness”. This is being done in an...

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Aadhaar card tampering racket busted in Surat -Yagnesh Bharat Mehta

-The Times of India SURAT (Gujarat): Even as police are trying to reach the root of biometric data theft racket done to pilfer food grains issued to poor people, another scam of tampering with Aadhar data has been exposed in the city. The accused Hiren Prajapati, 26 and Prashant Pradhan, 20, both residents of Pandesara, were modifying the Aadhar Card data of individuals using a rubber thumb. They were arrested on Saturday...

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Don't have records of Vijay Mallya's loans: Finance ministry to CIC

-PTI Finance Minister Arun Jaitley, during a debate on demonetisation in the Upper House on November 17, 2016, had termed the loan issue of Vijay Mallya a "terrible legacy" that the NDA government had inherited from the previous UPA regime. The finance ministry has told the Central Information Commission (CIC) that it does not have information about the loans given to industrialist Vijay Mallya, prompting the transparency panel to remark that the...

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