-The Indian Express While blaming a large part of the problem on the high credit growth between 2004 and 2011, when it grew 27 per cent and resulted in a build-up of NPAs, he said it takes a lot for the government which has inherited all the 'systems and inertia'. New Delhi: Taking cognizance of the bad liquidity situation in the financial sector and weak private investment in the economy, Rajiv...
More »SEARCH RESULT
Total Matching Records found : 33358
2.66 lakh beneficiaries of farmer assistance scheme KALIA found ineligible: Odisha minister -Sampad Patnaik
-The Indian Express The government will take a call on the process to retrieve the money from the ineligible beneficiaries after August 31, when the scrutiny is complete. Bhubaneswar: The Odisha government has found that 2.66 lakh recipients of assistance under its Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme are not eligible for the benefit, Agriculture Minister Arun Sahoo said on Thursday. The government will take a call on the...
More »Aadhaar may be used to verify SECC beneficiaries -Yogima Sharma
-The Economic Times NEW DELHI: The government proposes to use Aadhaar to identify beneficiaries under the Socio Economic and Caste Census to weed out frauds and duplication. The rural development ministry will soon launch the exercise to use the 12-digit unique identity number to assess the socio economic status of all the beneficiaries under the second Socio Economic Caste Census (SECC), which is due in 2021. A senior government official told ET on...
More »Govt withdraws super-rich surcharge on foreign, domestic equity investors
-PTI NEW DELHI: Buckling under pressure from overseas investors, the government on Friday rolled back the enhanced surcharge imposed on foreign portfolio and domestic investors in Budget 2019-20 as it announced a slew of measures to boost sagging economic growth. "In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No.2) Act, 2019 on long/short term capital gains arising from the...
More »Increasing investment to stimulate growth -C Rangarajan & DK Srivastava
-The Hindu Attention needs to be paid to both cyclical and structural dimensions of India’s present economic slowdown India’s current economic slowdown is due to a combination of two underlying trends. First, there is the short-run cyclical slowdown exhibited by a number of high-frequency indicators, reflecting a significant fall in demand, especially for sectors such as automobiles, consumer durables and housing. Second, there is the more serious long-term fall in investment and savings...
More »
