-The Times of India MUMBAI: The Reserve Bank of India (RBI) on Wednesday said that Rs 15.28 lakh crore --or 99% of the Rs 15.44 lakh crore demonetised by withdrawal of Rs 500 and Rs 1000 notes on November 8, 2016 --has been deposited with banks. The disclosure dashes hopes of the government earning a windfall by extinguishing trillions of rupees worth demonetised currency that has not been returned. In its annual report, the...
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RTI activist says Aadhaar contract gave foreign firms access to unencrypted data -Chethan Kumar
-The Times of India BENGALURU: Contrary to the Centre's claims, contracts signed with foreign firms by the Unique Identification Authority of India (UIDAI), custodian of Aadhaar data, show that they got "full access" to classified data including fingerprints, iris scan info, and personal information like date of birth, address and mobile number of the applicants. They were also allowed to store the data for seven years. This was revealed through an RTI...
More »Beware, not just Rs 2 lakh cash payment, even Rs 10,000 transaction can invite penalty; what you really must know
-The Financial Express As per the fresh proposal, citizens were also required to pay a service charge on all cash transactions above Rs 2 lakh. In a bid to curb black money as well as to limit the number and amount of cash transactions, the government has come out with some new rules and prohibited some types of cash payments. It may be recalled that the government had in March this year...
More »North Block verdict: Wilful neglect -Imran Ahmed Siddiqui
-The Telegraph New Delhi: Union home ministry sources today blamed the Haryana government's "wilful neglect" and "abject surrender to lumpen elements" for yesterday's mayhem by Dera Sacha Sauda followers. "Initial assessment reports from the ground suggest a complete administrative and police failure. There was no leadership and no instruction from the police brass to deal with the mob. The will was lacking," a senior ministry bureaucrat told The Telegraph . "It points to...
More »Safeguarding the interests of farmers -Nirmala Sitharaman
-The Hindu Providing food to the poor or targeted groups at subsidised prices is fully WTO-compatible Transformational changes are taking place in India currently, improving the way we live. These changes are impacting all our lives in small or significant ways. It is gratifying to know that the citizens at large are happy withthese changes. However, forsome who have fed themselves on the fodder that such changes are not for the near...
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