-The Times of India Mumbai: Electronic payments have become safer for consumers with the Reserve Bank of India (RBI) introducing the concept of 'zero liability' and 'limited liability' for bank customers for any card or online fraud. The central bank has also made it mandatory for banks to register all customers for text message alerts and permit reporting of unauthorized transactions through a reply to the alert message. The proposal to limit...
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Loan waiver: Debt-ridden farmers from Vidarbha, Marathwada top list of beneficiaries -Shubhangi Khapre
-The Indian Express As many as 11,46,768 farmers from Vidarbha and 10,83,932 from Marathwada will have their loans waived. Western Maharashtra, which is economically most prosperous, has a relatively lower number of beneficiaries, with 7,391,48 farmers making it to the list. Mumbai: With the government announcing that over 35.11 lakh farmers across Maharashtra who have outstanding individual loans up to Rs 1.5 lakh will benefit from its loan waiver decision, more...
More »Govt bans practice of dual MRP at airports, malls -Bella Jaisinghani
-The Times of India Mumbai: The Union ministry of consumer affairs on Thursday decided to ban the 'dual' MRP policy, a practice through which sellers charge a higher MRP for their products in certain spaces like malls, airports and hotels. As per the order, which comes into force starting January 1, 2018, companies will not be allowed to charge a different price for water, soft drinks or snacks at premium locations. The decision...
More »Why Mumbai, India's most productive city, is losing the battle against child malnutrition -Swagata Yadavar
-IndiaSpend/ Hindustan Times Mumbai’s high malnutrition figures are despite the fact that 83% of government and aided schools in Mumbai city and 95.1% in its suburbs have a midday meal programme. Mumbai’s Colaba is well known for its art deco buildings, the Gateway of India, swish pubs and restaurants, and the pleasant promenade of Marine Drive. It houses the state assembly, Vidhan Bhavan, and the state secretariat, Mantralaya. However, this high-profile ward recorded...
More »813 farmers on loan waiver list from Mumbai, CM Fadnavis 'surprised'
-PTI Mumbai: Mumbai city and its suburbs are home to as many as 813 farmers on loan waiver list, a figure which has "surprised" Maharashtra chief minister Devendra Fadnavis who has ordered a scrutiny before sanctioning the waivers. These farmers figure in the list of probable beneficiaries eligible for benefits under the Rs 34,000-crore loan waiver scheme+ announced by the state government last month. The Mumbai city and its suburbs are urbanised areas,...
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