-The Times of India MUMBAI: Electronic payments have become safer for consumers with the Reserve Bank of India (RBI) introducing the concept of 'zero liability' and 'limited liability' for bank customers for any card or online fraud. The central bank has also made it mandatory for banks to register all customers for text message alerts and permit reporting of unauthorized transactions THRough a reply to the alert message. The proposal to limit...
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Govt bans practice of dual MRP at airports, malls -Bella Jaisinghani
-The Times of India MUMBAI: The Union ministry of consumer affairs on Thursday decided to ban the 'dual' MRP policy, a practice THRough which sellers charge a higher MRP for their products in certain spaces like malls, airports and hotels. As per the order, which comes into force starting January 1, 2018, companies will not be allowed to charge a different price for water, soft drinks or snacks at premium locations. The decision...
More »After LPG, government wants you to give up subsidy on train tickets
-MoneyControl.com The ministry is hoping that the well-to-do passengers will opt out of the subsidy. After LPG, a 'Give-It-Up' campaign for subsidy on train tickets could be launched soon. The Indian Railways is gearing to launch the campaign from August, says a report in the Business Standard. THRough this, the passengers will have the choice to either forego 100 percent subsidy or give up 50 percent. The passengers will also have a...
More »Why is Karnataka protesting change in definition of drought? -Jitendra
-Down to Earth New norms for declaring drought are too stringent to be practical and are indicative of Centre’s intention to pass on the financial burden to states Karnataka government has opposed Centre’s move to change parameters for drought assessment. The new manual for drought management limits Centre’s scope to offer financial assistance to states in the eventuality of drought. Unlike the 2009 manual for drought management—which was a mere guideline...
More »Govt washes hands off vaccine deaths
-DNA Of 132 AEFI cases, only 78 babies survived and 54 died, a Union Health Ministry report says A string of deaths has put a question mark on the safety of India's child vaccination programme. And the central government seems to be washing its hands of these post-vaccination casualties. In December last year, 45-day-old baby girl Aarohi Bajgude died in Maharashtra's Beed district, THRee hours after receiving the dose of Pentavalent vaccine....
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