-The Hindu Business Line Need to assess impact of demonetisation on banks, says ICAI chief Vikamsey New Delhi: The CA Institute has urged the Finance Ministry and the Reserve Bank of India (RBI) to allow its members to undertake focused “special audit” of deposit flows into the banking system during the demonetisation period, which started on November 8 and ended on December 31 last year. There is a need to assess the demonetisation...
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Good news: Foodgrain output set to hit all-time high of 273 MT on back of good monsoon rains -Sandip Das
-The Financial Express Thanks to normal monsoon rains last year after two consecutive years of ‘deficient’ rainfall, India’s foodgrain production is estimated to touch an all-time high of 273.38 million tonne (MT) in the 2016-17 crop year (July-June), which is 8.7% more than the previous year. The previous record output was 265.04 MT in 2013-14. According to the third advance estimate released on Tuesday by agriculture ministry, the output of rice, wheat,...
More »Baseless Aadhaar and its many flaws: When the poor lose their thumb prints -Osama Manzar & Eshita Mukherjee
-Business Standard When machines don't recognise their thumb prints, Aadhaar turns into a device of exclusion Wardi Devi, a senior citizen, hails from a remote town of Rajasthan. She’s tried to enrol for the Aadhaar thrice and even paid Rs. 150 and Rs. 50 to agents while making the first two attempts. Tired of coughing out her hard earned money from her meagre wages, she refused to pay anything the third time....
More »Govt notices to BJP, Congress, AAP on overseas funding
-PTI NEW DELHI: Centre has asked the ruling BJP, the Congress, AAP and a few other political parties to furnish details about the source of their overseas funding. The Ministry of Home Affairs, in separate communications, has asked the political parties to give details of their sources of funding, including those from abroad or foreign business enterprises, official sources said. The sources, however, said this was part of the routine communication sent to...
More »Tricks of a trade -Divya Trivedi
-Frontline Cattle traders see a nexus between cow vigilantes and animal rights organisations in Delhi, where vigilantes unleashed violence in April. In the past year, 40,000 animals seized by them were not returned to the owners, and traders believe that they were sold. A PLANNED and brutal assault on cattle traders in Kalkaji in Delhi on April 22 by a mob of gau rakshaks (cow protectors) has brought to the fore...
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