-PTI NEW DELHI: The State Bank of India has sold electoral bonds worth over Rs 3,622 crore in March and April this year, an RTI response has said. In a response provided to Pune-based Vihar Durve, the SBI said electoral bonds of Rs 1,365.69 crore were sold in March, which shot up by 65.21 per cent in April to Rs 2,256.37 crore. In April, most electoral bonds were sold in Mumbai at Rs...
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Data gaps in GDP calculation will be resolved: Govt
-Hindustan Times The NSSO report, findings of which were first published in Mint on Wednesday, found that 36% of the companies in the MCA-21 database maintained by the ministry of corporate affairs (MCA) could not be traced or were wrongly classified. New Delhi: The ministry of statistics and programme implementation (MoSPI) has downplayed the controversy around India’s gross domestic product (GDP) data after a National Sample Survey Office (NSSO) report raised serious...
More »Points of law in the PepsiCo-potato case -Biswajit Dhar
-The Hindu Business Line India’s Protection of Plant Varieties Act spells out rights of farmers vis-a-vis breeders, which resulted in a pushback for PepsiCo The Protection of Plant Varieties and Farmers’ Rights Act (PPVFRA), which introduced intellectual property protection in Indian agriculture, faced its biggest test in its implementation phase of nearly a decade and a half, when PepsiCo India initiated legal proceedings against four farmers in Gujarat for “illegally” growing...
More »New GDP series faces fresh questions after NSSO discovers holes -Pramit Bhattacharya
-Livemint.com * A third of the firms in MCA-21 database used to calculate GDP found dodgy * Results from the MCA-21 database survey were so disappointing that two reports based on it had to be junked NEW DELHI: A key database introduced in India’s new gross domestic product (GDP) series has now been found to be full of holes, raising fresh questions over the controversial and contested GDP numbers in Asia’s third-largest economy. A...
More »Despite hype, demonetization missed all goals -Sneha Alexander & Vishnu Padmanabhan
-Livemint.com Note ban was the biggest move by the Narendra Modi-led govt, but it was also its most underwhelming initiative, judged by the economic impact it had MUMBAI/ NEW DELHI: Mumbai: Of all the initiatives of the National Democratic Alliance (NDA) government, none was as historic or dramatic as the decision to demonetize high-value currency notes. On 8 November 2016, in a televised address to the nation, Prime Minister Narendra Modi declared...
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