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Assured return offers by realtors and jewellers to be treated as Ponzi -Sidhartha

-The Times of India NEW DELHI: The proposed law to crack down on Ponzi schemes will bar real estate developers that offer fixed returns till possession as well as schemes from jewellers as the government believes that they are “unregulated deposits”. The clampdown on realtors, jewellers and other deposit-seeking entities is part of the Banning of Unregulated Deposit Schemes Bill, which was cleared by the Cabinet on Wednesday and is expected to...

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Doubling farmers' INCome discussed in a closed door meeting -Jitendra

-Down to Earth What is the use of strategy when no special budget was allocated to double farmers’ INCome, says a senior NITI Aayog official anonymously In a two-day closed door meeting on doubling farmers’ INCome, the government claimed that there is no lack of funds to implement a seven-point strategy devised to double farmers’ INCome by 2022. The national conference, Agriculture 2022 - Doubling Farmers’ INCome, which ends today, hosts sessions...

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Universal basic INCome can't come at the cost of existing welfare schemes: report -Sayantan Bera and Elizabeth Roche

-Livemint.com Universal basic INCome (UBI) cannot come at the cost of existing welfare schemes and exclusive reliance on Aadhaar-linked cash transfers can prove to be short-sighted, says Carnegie India report New Delhi: A universal basic INCome (UBI) for Indian citizens cannot come at the cost of withdrawing existing welfare schemes and an exclusive reliance on Aadhaar-linked welfare payments for cash transfers can prove to be short-sighted, says new research. The central design features...

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Which MPs utilise constituency funds the best? -Neelanjan Sircar

-Hindustan Times With the rising costs of campaigns, parties have INCreasing INCentives to field richer candidates with criminal cases against them — precisely those who do a worse job of representing and working for the welfare of their constituents. Are Members of Parliament (MPs) genuinely interested in giving back to the voters who elected them? SINCe 1993, MPs have been allotted money under the Members of Parliament Local Area Development Scheme (MPLADS)...

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The confusion over rural electrification in India -Dipti Jain

-Livemint.com Latest data as per the Deen Dayal Upadhyaya Gram Jyoti Yojana and the Saubhagya scheme shows INConsistencies in the number of rural households in the country The opposition has INCreasingly questioned the government’s record in rural electrification and alleged frequent shifting of goalposts. For example, the deadline for electrifying all villages now stands at May 2018, after missing the May 2017 target. While available data shows that the Narendra Modi government...

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