-The Times of India NEW DELHI: Tax authorities have conducted 30-35 raids in Karnataka and parts of Andhra Pradesh as part of a drive to smoke out cash hoarders, even as the government and RBI moved to pump in funds into some of the states facing a currency crunch. In Bihar, for instance, Rs 800-900 crore has been pumped in through the ATM network with initial assessments suggesting that the shortage may...
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Local, global experts likely to be roped in for National Health Scheme -Yogima Sharma
-The Economic Times New Delhi: The government is planning to rope in domain experts from within and outside the country to ensure a smooth rollout and monitoring of ‘Ayushman Bharat’, its ambitious health insurance scheme for the poor. Niti Aayog, the government’s premier think tank, will come out with guidelines for setting up the project monitoring unit (PMU) for Ayushman Bharat, also known as National Health Protection Scheme (NHPS), an official told...
More »15 theories about why India is facing a cash crunch a year and a half after demonetisation -Rohan Venkataramakrishnan & M Rajshekhar
-Scroll.in From ATM logistics to deliberate lack of supply to Nirav Modi, there are many explanations for the shortage. One of the most unusual things about the cash crunch that is affecting a number of Indian states, which the government officially acknowledged on Tuesday, is that the causes of the shortage are unclear. In various statements, government officials have pointed the blame at an “unusual spurt” in currency demand, although they...
More »Under Modi Government, VIP Hate Speech Skyrockets - By 500% -Nimisha Jaiswal, Sreenivasan Jain and Manas Pratap Singh
-NDTV NDTV scanned nearly 1,300 articles and cross-referenced this with databases. We went through 1,000 recent tweets of politicians and public figures. New Delhi: The use of hateful and divisive language by high-ranking politicians has increased almost 500% in the past four years, an NDTV data collection exercise has found. The premise of the exercise was simple: it seems not a day, or a week goes by without some senior politician -...
More »Insolvency and Bankruptcy Code: BJP claims Rs 4 lakh crore recovery; RBI data tell a different story -Sunny Verma
-The Indian Express As against this claim, the Reserve Bank of India's latest data shows that the public sector banks could recover a total of only Rs 15,786 crore in the fiscal year 2016-17 and 2017-18 till December 31 through all recovery channels, including IBC. The BJP claimed on its Twitter account on Saturday that the “Insolvency and Bankruptcy Code (IBC), 2016 has resulted in recovery of Rs 4 lakh crore out...
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