-PTI NEW DELHI: The government has approved American e-commerce major Amazon's proposed USD 500 million investment in retailing of food products in India, an official said. The proposal was pending before the Foreign Investment Promotion Board (FIPB) which has been abolished now. Hence, the Department of Industrial Policy and Promotion (DIPP) gives the green signal to the proposal. As per the proposal, the company will open a wholly- owned subsidiary in India to carry...
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Housing for all: There's a lot to be built -Shreya Deb
-The Hindu Business Line The Government must clear policy bottlenecks for the Pradhan Mantri Awas Yojana to meet its ambitious target Amidst the government’s celebrations on completing three years in office, one flagship scheme remains a massive — and challenging — opportunity: Housing for all by 2022. The groundbreaking, affordable housing initiative backing this promise, the Pradhan Mantri Awas Yojana (PMAY), plans to provide homes to 18 million households in urban India...
More »Report: More farm labourers killing self than farmers -Vishav Bharti
-The Tribune Punjab Govt looks other way, says no record of landless agri workers’ debt Chandigarh: While the Punjab Government dithers on providing debt relief to landless labourers, a new report suggests the number of suicides committed by landless agricultural labourers due to debt is much higher than those by farmers in the state. The “census report” commissioned by the Punjab Government on rural suicides takes into account incidences between 2010 and 2016...
More »Indore man drives a crucial change in motoring law -Usha Rai
-The Hindu Business Line Vikram Agnihotri can drive a car with his feet Vikram Agnihotri, 47, of Indore has no hands but he drives a modified Maruti Celerio AGS (automatic gear shift); on September 30, 2016, he got his permanent driving licence from the Indore RTO. He has since driven over 22,000 km without an incident and is the chauffeur for his proud parents. His rare achievement will soon earn him an...
More »GST adding to economic growth is rubbish, says NITI Aayog member Bibek Debroy -Jatin Gandhi
-Hindustan Times With petroleum, electricity, alcohol and other products kept out of the purview of GST, the gains to GDP will not accrue in the same proportion as projected, he says. Claims that the Goods and Services Tax (GST) will boost the country’s economic growth by 1.5 percentage points are “rubbish”, NITI Aayog member and economist Bibek Debroy said, hours before its roll out on midnight Friday. Debroy’s remarks contrast with finance minister...
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