-PTI NEW DELHI: Transactions through debit and credit cards rose by merely seven per cent post demonetisation, as against a surge of over 23 per cent in overall digital transactions, top government officials told a parliamentary panel. Officials from various ministries gave a presentation to the Parliamentary Standing Committee on Finance on 'Demonetisation and Transformation towards Digital Economy'. The digital transactions in all modes increased by 23 per cent to 27.5 million in...
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Register with GST, don't wait till July 30 deadline: Govt to traders
-The Times of India NEW DELHI: The government urged traders on Saturday to register for the goods and services tax (GST) soon, and not wait for the July 30 deadline. If one is owns a business with an aggregate turnover exceeding Rs 20 lakh in the preceding financial year (Rs 10 lakh in special-category states), they will need to register in all the states and Union territories to which they make...
More »Small Farmers of Latur, of 'Water Train' Infamy, Doubt New Loan-Waiver Scheme Will Help -Nidhi Jamwal
-TheWire.in The Maharashtra government’s Rs 34,000-crore farm loan waiver may not provide much relief to small and marginal farmers in Marathwada, who are caught in the debt trap of private moneylenders. Latur: Venkat Balbim Bhise, a farmer who owns three acres of land in Bisewagholi village, in Maharashtra’s Latur district, is in his early thirties. But anger bordering on fatalism is writ large over his weary face. Venkat owes almost Rs 3.5...
More »Retail inflation dips to record low in June, IIP slows in May
-The Times of India NEW DELHI: Retail inflation dipped to a record low in June on the back of sliding food prices, while industrial output growth slowed in May as manufacturing remained sluggish, mounting pressure on the RBI to cut interest rates when it reviews monetary policy on August 2. Data released by the Central Statistics Office (CSO) on Wednesday showed retail inflation, as measured by the consumer price index (CPI), rose...
More »Ten years of Forest Rights Act: Maharashtra tops in implementation-but credit goes to one district -Mridula Chari
-Scroll.in Gadchiroli has recognised community forest rights in 66% of eligible land, compared to the state’s figure of 15%. Ten years after the Centre passed a law granting Adivasis and other forest dwellers rights to manage resources in forest lands, Maharashtra has emerged as the front-runner among states in implementing the provisions of this legislation, followed closely by Kerala. A new report by Community Forest Rights Learning and Advocacy – a collective...
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