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Assured return offers by realtors and jewellers to be treated as Ponzi -Sidhartha

-The Times of India NEW DELHI: The proposed law to crack down on Ponzi schemes will bar real estate developers that offer fixed returns till possession as well as schemes from jewellers as the Government believes that they are “unregulated deposits”. The clampdown on realtors, jewellers and other deposit-seeking entities is part of the Banning of Unregulated Deposit Schemes Bill, which was cleared by the Cabinet on Wednesday and is expected to...

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Online crowdfunding is changing classrooms of ignored govt schools -Ishita Bhatia

-The Times of India MEERUT: Every time Priyanka Singh, a teacher at Upper Primary School, Barabanki, had to explain to her students complex scientific concepts that required colour coding to differentiate between ideas, she would wish for a whiteboard instead of the existing blackboard. She had tried getting donations for her school from locals but in vain. Then someone told her about an online fundraising platform for educators in India. She started...

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MPs hiking own pay an ethical issue: Supreme Court -Amit Anand Choudhary

-The Times of India NEW DELHI: The Supreme Court on Tuesday agreed to examine a plea seeking a permanent mechanism to fix and revise the salary and allowances for MPs and MLAs, saying lawmakers increasing their own salary raised an "important ethical and legal issue" that needed adjudication. A bench of Justice J Chelameswar and Justice Sanjay Kishan Kaul said the Centre had been considering setting up a permanent body for the...

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Doubling farmers' income discussed in a closed door meeting -Jitendra

-Down to Earth What is the use of strategy when no special budget was allocated to double farmers’ income, says a senior NITI Aayog official anonymously In a two-day closed door meeting on doubling farmers’ income, the Government claimed that there is no lack of funds to implement a seven-point strategy devised to double farmers’ income by 2022. The national conference, Agriculture 2022 - Doubling Farmers’ Income, which ends today, hosts sessions...

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Universal basic income can't come at the cost of existing welfare schemes: report -Sayantan Bera and Elizabeth Roche

-Livemint.com Universal basic income (UBI) cannot come at the cost of existing welfare schemes and exclusive reliance on Aadhaar-linked cash transfers can prove to be short-sighted, says Carnegie India report New Delhi: A universal basic income (UBI) for Indian citizens cannot come at the cost of withdrawing existing welfare schemes and an exclusive reliance on Aadhaar-linked welfare payments for cash transfers can prove to be short-sighted, says new research. The central design features...

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