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The fine print: Groups of individuals, NGOs can buy electoral bonds without public disclosure -Nitin Sethi

-Scroll.in The scheme could help entities route black money to political parties through shell companies, experts fear. It isn’t only companies that have been allowed to make anonymous donations to political parties through electoral bonds. The fine print of the scheme announced by the Finance Ministry on Thursday also allows individuals, groups of individuals, NGOs, religious and other trusts, Hindu Undivided Family units and all other entities recognised by law to...

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Huge push likely for MGNREGS rural jobs scheme in 2018 -Yatish Yadav

-The New Indian Express NEW DELHI: The last full Budget of the NDA government is likely to give a major push to the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) by earmarking more funds for it. Sources said Budget 2018-19 will allocate around 20 per cent more for the rural jobs scheme compared to last year. The flagship scheme, started by Manmohan Singh’s UPA regime, is benefiting about 11 crore active...

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Iron, steel cos' GNPA for PSBs in basic metals 24%: Govt

-PTI The Indian steel industry contributes approximately 2 per cent to the country's GDP New Delhi: Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector banks (PSBs), according to the Ministry of Steel. "The share of gross non-performing assets (GNPA) for iron and steel in basic metal and metal product category as on September 30, 2017...

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Punjab's farm loan waiver: Disquiet in Congress over party leaders being ignored in selection of beneficiaries -Kanchan Vasdev

-The Indian Express The state government has decided to roll out its scheme from Mansa on January 7 under which loans worth Rs 170 crore would be waived off formally. Punjab Chief Minister Amarinder Singh would be handing over the certificate to the farmers. Chandigarh: Punjab government’s farm loan waiver, which is to be rolled out to 40,000 farmers from five districts in Malwa on January 7, has many Congress leaders fuming...

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New territory, says Arun Jaitley as House passes Insolvency Bill -Rahul Tripathi

-The Indian Express Over-inclusive, says Chidambaram, it keeps out even those convicted of non-financial crime As Rajya Sabha cleared the Insolvency and Bankruptcy Code Amendment Bill Tuesday, Finance Minister Arun Jaitley said the government has entered unchartered territory and would continue to modify the law. “Insolvency and bankruptcy is an area in which it is only in recent years that we have chartered into. It is a learning experience,” Jaitley said in...

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