-The Times of India NEW DELHI: Investigations by the income tax department have found that a large number of cooperative banks have been manipulating and laundering unaccounted money post demonetisation of high denomination currency notes of Rs 1000 and Rs 500 on November 8. As the department's findings suggest a general absence of requisite regulatory oversight over cooperative banks across the country, the government feels the need for a strong regulatory framework. An...
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Making Pulses Affordable Again: Policy Options from the Farm to Retail in India -P K Joshi, Avinash Kishore and Devesh Roy-
-Economic and Political Weekly P K Joshi (p.joshi@cgiar.org), Avinash Kishore (a.kishore@cgiar.org) and Devesh Roy (d.roy@cgiar.org) are with the International Food Policy Research Institute, New Delhi. While outlining strategies to increase availability of pulses at affordable prices, it is argued that increasing domestic production of pulses is the only option. Access to one or two protective irrigation sources during the growing season can lead to sizeable increases in pulse production. The har khet...
More »Aadhaar must for MGNREGS work
-The Hindu Other proofs of identity will be allowed till March 31 New Delhi: From April 1, workers in rural areas enrolled under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which mandates 100 days of work for a household a year, must have an Aadhaar card. Those who have registered under the scheme will be required to give furnish proof of possession of Aadhaar or undergo the enrolment process till March...
More »Demonetisation: 35 per cent job losses, 50 per cent revenue dip, says study by largest organisation of manufacturers -Arun Janardhanan
-The Indian Express The study, conducted by AIMO, has also projected a drop in employment of 60 per cent and loss in revenue of 55 per cent before March 2017. Chennai: IN THE first 34 days since demonetisation, micro-small scale industries suffered 35 per cent jobs losses and a 50 per cent dip in revenue, according to a study conducted by India’s largest organisation of manufacturers. The study, conducted by the All...
More »Report cash deposits between April 1 and November 9, 2016, Income Tax Department asks banks
-PTI NEW DELHI: The Income Tax Department has asked banks to report cash deposits in savings accounts between April 1 and November 9, 2016. The move seeks to analyze the banking transactions carried out in months before the demonetisation decision was announced on November 8. Besides, banks have also been directed to ask the account holders, who did not furnish PAN (Permanent Account Number) or Form 60 (for those without PAN) at the...
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