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What Centre Told Supreme Court On Pleas Challenging Demonetisation

-PTI/ NDTV.com The Centre said judicial review of an economic policy may be restricted to where the court may only determine if there is a rational nexus with the object sought to be achieved through the means. New Delhi: Fake currency, terror financing and black money are three evils and are like 'Jarasandha' (an antagonist in Mahabharat) and should be cut into pieces, the Centre told the Supreme Court on Monday while...

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Would the government have brushed aside the Reserve Bank of India if it had objected to demonetisation, Supreme Court asks Centre

-The Hindu The question came in response to the Attorney General’s statement that the government and the RBI had ‘acted in consultation’ to notify demonetisation in November 2016 The Supreme Court on Monday asked the government whether it would have brushed aside objections from the Reserve Bank of India (RBI) had the Central Bank opposed the demonetisation policy. The question from the Constitution Bench led by Justice S. Abdul Nazeer came after Attorney...

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Need to make agri credit system equitable -Bishwa Bhaskar Choudhary

-The Tribune The agency-wise share indicates that agricultural credit dispensation in the country is heavily dependent on commercial Banks and points towards the poor credit delivery capability of cooperative Banks and regional rural Banks. THE availability of finance is a key driver of progress in any sector. In the case of agriculture, access to adequate credit assumes vital significance since most of the agriculturists are small or marginal farmers. It has been...

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RBI recommended demonetisation: Central Bank rules out ‘administrative impropriety’ on part of Govt

-Moneycontrol.com A five-judge Constitution Bench of the Supreme Court was hearing a batch of 58 petitions that challenged the Union Government’s decision to demonetise Rs 500 and Rs 1,000 currency notes six years ago. Junking allegations of any procedural lapses by the Centre during the demonetisation in November 2016, the Reserve Bank of India told the Supreme Court on December 5 that the central Bank itself had recommended the Government of India...

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Bundelkhand: Farmers Protest Against DAP Shortage Amid Peak Rabi Season -Abdul Alim Jafri

-Newsclick.in "If adequate supply is not ensured at the earliest, our protest will continue like this,” Vimal Sharma, president of Bundelkhand Kisan Union told NewsClick. Lucknow: A group of farmers affiliated to the Bundelkhand Kisan Union on Friday held a Kisan Samridhhi Padyatra in Mahoba, Banda and Chitrakoot against an alleged inadequate supply of di-ammonium phosphate (DAP) fertiliser. The protest comes after farmers were seen waiting in long queues in the Bundelkhand...

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