-The Times of India NEW DELHI: The government is set to ban cash transactions over Rs 3 lakh as it seeks to clamp down on black money in the economy following recommendations from the Supreme Court-appointed Special Investigation Team. The government, however, is yet to decide on the SIT's other proposal to bar cash holdings over Rs 15 lakh due to opposition from trade and industry, sources told TOI. "There are concerns...
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31% rural households indebted, paying heavy interests despite various govt schemes: Panel -Iftikhar Gilani
-DNA Only 17% rural households take loans from financial institutions | Caste affiliation, gender play a part in getting credit As many as 31% of rural households in India are indebted and a significant number still depend on money-lenders, paying heavy interests, despite various government schemes and a network of rural banking. A parliamentary panel that probed the state of rural, agricultural banking found that a mere 17% rural household had taken...
More »Modi commends farmers for planting record pulses this kharif -Sanjeeb Mukherjee
-Business Standard Pulses acreage in the current Kharif season is almost 40 per cent more than last year and is even more than the average area covered in last five years The stupendous increase in sowing of pulses during the ongoing kharif season didn't escape Prime Minister Narendra Modi’s eye. During his Independence Day speech, the PM commended farmers for raising the area under pulses this season to almost 1.5 times more...
More »Odisha govt makes Aadhaar Card mandatory for paddy procurement
-PTI The Odisha government has also decided to link Aadhaar numbers of beneficiaries for availing ration under NFSA and work under MGNREGA. Bhubaneswar: The Odisha government on Thursday said it has decided to make Aadhaar card mandatory for procurement of paddy in the state. This apart, the government has also decided to link Aadhaar numbers of beneficiaries for availing ration under NFSA and work under MGNREGA. “All farmers will be paid online for paddy...
More »Goods and Services Tax (GST), explained
-The Indian Express The Goods and Services Tax (GST), the biggest reform in India’s indirect tax structure since the economy began to be opened up 25 years ago, at last looks set to become reality. The Constitution (122nd) Amendment Bill comes up in Rajya Sabha today, on the back of a broad political consensus and boosted by the ‘good wishes’ of the Congress, which holds the crucial cards on its passage....
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