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Brace for more cash blues as the next salary date nears -G Naga Sridhar

-The Hindu Business Line Ensuring cash availability will be a challenge for banks, too Hyderabad: Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts. According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country. According to government data, the Centre’s total salary and allowances bill...

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Motive behind demonetisation is justifiable but there may be collateral damage

There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded.   Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...

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Farm Policy: The window for agricultural reform is closing fast -Pravesh Sharma

-The Indian Express It’s not as if the Centre cannot initiate reforms in agriculture. In fact, in at least three major areas, the onus for leadership and action lies with the Centre. For over a year, there have been news reports of Niti Aayog, the erstwhile Planning Commission’s new avatar, working on a wide-ranging reform package for India’s farm sector. In recent months, teasers have appeared hinting at the Centre’s plans of...

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Soil health card scheme lags behind due to lack of interest from states -Sayantan Bera

-Livemint.com According to a background note prepared by the agriculture ministry, less than a fifth of targeted farmers have received soil health cards New Delhi: The government’s flagship scheme to correct the imbalance in fertiliser use and reduce costs of cultivation by providing all farmers with a soil health card is moving at a slow pace as states drag their feet. According to a background note prepared by the agriculture ministry and...

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Govt to link all ration cards to Aadhaar by end-FY17 -Nitin Sethi

-Business Standard Fingerprint failure reports of existing Aadhaar-linked PDS cases not revealed The National Democratic Alliance (NDA) government has decided to complete the linking the bank accounts to Aadhaar numbers of all the beneficiaries of large social schemes, including the National Food Security Act, by March 2017. Once done, the delivery of these schemes would be based on biometric authentication linked to Aadhaar or Direct Cash Transfers to linked bank accounts of...

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