-The Hindu EC expresses "serious concern about the cursory manner in which the issue has been dealt with" The Reserve Bank of India (RBI) has turned down the Election Commission’s request to enhance the cash withdrawal limit for nominated candidates in the five poll-bound States, from Rs. 24,000 to Rs. 2 lakh per week, till the declaration of results on March 11. Asking the RBI to reconsider, the EC on Saturday again wrote...
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Arsenic contamination in groundwater killing villagers in Ballia -Tarun Kanti Bose
-Village Square High levels of arsenic in the water supply is afflicting many villages in eastern Uttar Pradesh but the government hasn’t been able to design and implement any program to contain the menace Ballia (Uttar Pradesh): Ekawana Rajpur is a village in Belhari administrative block along the Banks of the Ganga and 16km from Ballia town in eastern Uttar Pradesh where villagers commonly suffer from afflictions such as itchy skin lesions,...
More »Cash withdrawal curbs may be lifted by Feb. -end
-The Hindu With the cash crunch situation easing, Reserve Bank of India may do away with the weekly withdrawal limits from Banks as well as ATMs by the end of next month, bankers said. The RBI had recently raised the ATM withdrawal limit to Rs. 10,000 a day but maintained the weekly cap at Rs. 24,000 for savings account and Rs. 1 lakh for current account holders. “I think the restrictions on withdrawal...
More »EC requests RBI to allow higher withdrawals for poll candidates
-The Times of India NEW DELHI: In a relief to candidates contesting the upcoming assembly polls, the EC on Wednesday requested RBI to hike the weekly limit for withdrawals from their poll expenditure accounts to Rs 2 lakh from Rs 24,000 imposed for all in view of the demonetisation. Stating that it had been apprised about the problems being faced by candidates due to imposition of limits on withdrawal of cash from...
More »Lift the veil of secrecy -K Padmanabhaiah
-The Hindu The primary aim of the demonetisation exercise was to tap black money. To mark the last day for depositing the demonetised notes, on December 31, 2016, the Prime Minister, in his address to the nation, fully acknowledged the great hardship suffered by common people due to the serious delay in making the new currency notes available in the Banks, ATMs and rural areas, and thanked them for the faith...
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