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Model contract farming Act to counter price risks: Experts -Madhvi Sally

-The Economic Times New Delhi: The government has come out with a draft model contract farming act, which industry insiders said will protect farmers from price risks and encourage food processing companies to invest more in infrastructure and farming technology once states adopt it. The agriculture ministry has put up the model act on its website for various stakeholders, including contract farming and value chain promoting companies, producers' organisations and farmers, to...

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No charges on debit card transactions up to Rs 2,000 from now

-PTI Giving further impetus to digital payments, the government will reimburse charges for transaction up to Rs2,000 on debit cards and BHIM New Delhi: Customers will not have to pay any transaction charges for payments through debit card, BHIM app and other payment made for up to Rs2,000 from Monday onwards. Last month, union cabinet approved a proposal that government will bear the merchant discount rate (MDR) charges on transactions up to Rs2,000...

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Note Ban Hurt Daily Wagers, Contractual Jobs, Shows Government's Own Survey -Somesh Jha

-TheWire.in In January-March 2017, regular jobs rose while jobs for contract workers slowed to 26,000 against 1,24,000 in the previous quarter. New Delhi: The government’s demonetisation of high-value currency notes in November last year affected job creation among daily wagers and contract workers, even as regular jobs continued to grow, shows the latest official survey of enterprises, issued by the Labour Bureau. During January-March 2017, job creation stood at 185,000 against 122,000 in October-December...

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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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Can electoral politics learn from cricket? -Rajeev Bhargava

-The Hindu As in Test Cricket, governance skills and fairness are as important in electoral politics as winning. How important is it to win? It is pointless to ask this question in the context of competitive sport such as cricket or in electoral politics where one enters the fray in order to win. But is winning the only point of these practices? Must we win at any cost? Not just about winning If the...

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