-CounterView.org A survey, coordinated by well-known academic Jean Drèze and researcher Nazar Khalid, has found an overwhelming popular opposition to the direct bank transfer (DBT) experiment in Jharkhand. Details of the survey: Glitches in the system have deprived people of nearly half of their food rations in the last four months. When they do get their rations, people spend 12 hours collecting them, on average. Most people are opposed to the new...
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Tractor industry on course to register highest-ever domestic sales in FY-18 -G Balachandar
-The Hindu Business Line Good kharif crop, govt thrust on agri and rural segments boost sector’s Q3 performance Chennai: Encouraged by the continuing momentum in sales, the tractor industry hopes to end the current fiscal with highest-ever domestic volumes close to 6.8 lakh units. The industry’s previous highest domestic number was in 2013-14 when domestic sales stood at 6.34 lakh units. Tractor companies and industry analysts project a growth rate of 17-18 per cent...
More »Jaitley rules out privatisation of public sector banks
-PTI Finance Minister Arun Jaitley today ruled out privatisation of public sector banks as a response to the Rs 11,400-crore fraud hitting Punjab National Bank, saying the move may not be politically acceptable. Speaking at an event, he said a lot of people have started talking of privatisation in the aftermath of the PNB fraud. “This (privatisation) involves a large political consensus. Also, that involves an amendment to the law (Banking Regulation...
More »Lokpal selection meet on March 1
-The Telegraph New Delhi: A committee headed by the Prime Minister will meet on March 1 to process the names to be considered for the country's first Lokpal, the Centre told the Supreme Court on Friday. The committee will include the Chief Justice of India, the Lok Sabha Speaker and the leader of the single largest Opposition party in the Lower House, attorney-general K.K. Venugopal told a bench of Justices Ranjan Gogoi...
More »UDAY scheme: Tamil Nadu ranked lowest on performance power distribution companies -Sanjay Vijayakumar
-The Hindu UDAY scheme: Tamil Nadu ranked lowest on performance power distribution companies Chennai: UDAY review finds little progress made in smart metering. Tamil Nadu has been ranked lowest in terms of State distribution companies’ quarterly performance as of December 2017, post joining the Centre’s Ujwal DISCOM Assurance Yojana (UDAY). The State had joined the scheme over a year ago. The scheme, covering 31 States and Union Territories, emphasises both financial turnaround and...
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