-The Times of India NEW DELHI: The Centre will dole out the biggest ever incentive of Rs 10,000 crore to municipalities and states in the next two years to push urban reforms. The housing ministry has put up the proposal before the Cabinet for approval. The ministry had introduced parameters for competition among states and municipalities last year and Rs 900 crore in incentives was disbursed based on their performance for two...
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Bhargavi Zaveri, senior research associate at the Indira Gandhi Institute of Development Research, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in The Insolvency and Banking Code was brought in as a law in May 2016 to resolve cases of unpaid debts by companies. It allows creditors to initiate insolvency proceedings against defaulting companies so as to recover their money. The code was thought necessary because existing systems of dealing with insolvent companies had failed to deliver, with cases dragging on for years without result. The code sets up an Insolvency and Bankruptcy...
More »RBI May Be Either Holding Back Or Could Have Stopped Printing Rs 2,000 Notes, Says SBI Report
-Outlook The Reserve Bank of India (RBI) may either be holding back Rs 2,000 notes or could have stopped printing high denomination currency, says a SBI Research report. Juxtaposing the data presented in the Lok Sabha recently with the one provided by RBI in its Annual Report earlier, the SBI Ecoflash report said today, "we observe" that the value of small denomination currency in circulation up to March 2017 was Rs 3,501...
More »Jual asks Naveen to fix MSP for minor forest produce
-The Times of India BHUBANESWAR: Union tribal affairs minister Jual Oram asked chief minister Naveen Patnaik to fix the minimum support price (MSP) of minor forest produce (MFP) gathered by tribals. "I would like Odisha to provide MSP to the tribals at the haats where they bring the forest produce to sell. This will protect them from any possible exploitation by middlemen and traders," said Jual in his letter to Naveen on...
More »Gujarat scare may sow seeds of farm-focused policy in Budget -Deepshikha Sikarwar & Himangshu Watts
-The Economic Times NEW DELHI: The BJP's victory in the Gujarat elections, hard-fought as it was, points clearly to the possible direction of the Budget that finance minister Arun Jaitley will present in February. Given its setbacks in non-urban areas, the big focus of the ruling party will be on agriculture and the rural economy, apart from a likely boost in minimum support prices (MSP). FM Arun Jaitley told ET the results...
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