-The Indian Express Before contemplating new rural programmes, government must expand MGNREGA In the run up to the elections, a plethora of redistributive programmes, including farm loan waivers, cash transfers and minimum income guarantees came to the forefront as campaigners sought to balm rural distress. Amongst these is a proposal to launch a revised NREGA 3.0, in which 150 days of employment would be guaranteed to the rural poor. Almost 15...
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Bank Frauds Zoom to Rs 71,500 Crore in 2018-19
-PTI A total of 6,800 cases of fraud were reported by scheduled commercial banks and some financial institutions in last fiscal, the RBI said in an RTI query. New Delhi: Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India (RBI) has said. A total of 5,916 such cases were reported by banks in 2017-18 involving Rs 41,167.03 crore, it said. As...
More »Share details of Saradha scam investigation, CIC directs SEBI
-The Hindu Information panel calls for time bound investigation The Central Information Commission (CIC) has directed the Securities and Exchange Board of India (SEBI) to disclose information on its investigation and recovery of money from the perpetrators of the Saradha Realty chit fund scam. Investigations must be time bound and transparent keeping in mind the interests of lakhs of affected investors, said CIC. The Rs.10,000 crore Saradha chit fund scam came to light...
More »An Estimated Rs 60,000 Crore Spent in 2019 Lok Sabha Elections: CMS Report -Prudhviraj Rupawat
-Newsclick.in The report released today by the Centre for Media Studies has estimated these elections as the most expensive elections held ever; BJP spent about 45% of the total expenditure. With an estimated Rs 60,000 crore front-end expenditure, the recently concluded 2019 Lok Sabha elections is the most expensive elections held ever, according to a report by Centre for Media Studies (CMS), a premier research organisation. The report estimated that Rs 700...
More »Agri Ministry projects record rice, wheat output for 2018-19
-The Hindu Business Line Third estimates peg total foodgrain output at 283.3 mt despite below-par monsoon rain Rice and wheat production in the country scaled new heights taking total foodgrain output in 2018-19 to 283.37 million tonnes (mt), a tad lower than the 285 mt foodgrains produced in the previous year, according to the third advance foodgrain estimates released by the Agriculture Ministry on Monday. Despite a below-par monsoon, rice output was projected...
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