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Bitcoins like Ponzi schemes: Govt

-The Times of India NEW DELHI: The government on Friday cautioned people against the risk of virtual currencies, saying they are not legal tender and do not have any regulatory permission or protection in India.   In one of the sternest warnings by the authorities, the government said virtual currencies are not backed by government fiat. The caution comes against the backdrop of a surge in interest in such instruments, fuelled by astronomical...

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Trying to address farm challenges: Gujarat chief secretary -Vasudha Venugopal

-The Times of India NEW DELHI: The Gujarat government is taking measures to meet rural challenges, chief secretary JN Singh told ET on Friday. The government was focused on improving implementation of schemes related to irrigation, minimum support price and crop insurance for farmers.   Gujarat saw a tough fight in the recently-concluded assembly polls, with BJP winning only 7 seats more than what was needed for an absolute majority. BJP lost 13...

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To counter farm distress, Haryana govt looks at MSP formula for vegetables -Sukhbir Siwach

-The Indian Express In June this year, The Indian Express had highlighted how farmers were selling potatoes for 20 paise a kilo at the Pipli grain market in Kurukshetra district. Chandigarh: Moving to address farm distress, the Haryana government is set to announce Saturday the Bhavantar Bharpai scheme which, on the lines of minimum support price (MSP), will offer “input cost” for four crops — potato, onion, cabbage and tomato —...

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Unmoved, Maharashtra govt releases timetable to close down over 1,300 schools -Alifiya Khan

-The Indian Express Issued by education department, it lists various tasks to be carried out for closure Pune: A day after the National Human Rights Commission (NHRC) sent a notice to the Maharashtra government over its plans to close 1,314 schools in the state, a defiant education department remained firm on its decision. While state Education Minister Vinod Tawde issued a statement, saying he would defend the state’s stand before the NHRC, the...

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NITI Aayog working on policy to cut oil bill by $100 billion

-PTI NEW DELHI: The government is working on a policy to bring down the annual oil import bill by $100 billion by 2030 through extensive use of methanol in cooking gas and transportation fuel, union minister Nitin Gadkari told Lok Sabha on Thursday.   The government was "shortly" going to implement a scheme under which 15 per cent methanol will be blended with petrol and which will reduce the cost of the fuel...

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