Among the measures announced by the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on 23rd August, 2019 to arrest economic downturn, the following are noteworthy: * Allow Bharat Stage IV (BS-IV) vehicles (which are purchased till 31st March, 2020) to remain operational for the entire period of registration; * Government shall lift the ban on purchase of new vehicles for replacing all old vehicles by its various departments; *...
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Why India's mega bank mergers move may not yield the desired results -Mythili Bhusnurmath
-The Economic Times Government’s forced mega merger of public sector banks could scupper economic recovery. I am not saying we maintain a Panglossian countenance, that we smile away every difficulty. But, in any real economy, the mood is very important,’ observed Reserve Bank of India governor Shaktikanta Das, speaking at an event in Mumbai late August. Sound advice. Sentiment matters. Irrational despondency can be as damaging for the economy as ‘irrational exuberance’. But...
More »RTI query: Are chief ministers drawing MP pension? Lok Sabha office says information is personal -Vishal Narayan
-The Telegraph An MP loses his entitlement to pension and perks if he is appointed the President, Vice-President or is re-elected to either House or gets employed in the government New Delhi: An RTI query seeking details on allowances and pensions to former MPs who are chief ministers has resulted in a strange reply. The information, the Lok Sabha secretariat has informed, was "personal", so details would not be shared. According to the...
More »Centre Rejects Kerala's Demand for Free Rice for Flood Victims
-TheWire.in Instead, the Centre is willing to supply rice at the minimum support price of Rs 26 per kg. New Delhi: The Central Government has rejected the Kerala government’s request for a supply of free rice for the victims of floods and heavy rainfall, according to a report in Mathrubhumi. The report also stated that the Centre refused to consider the request to provide rice at Rs 3 per kg under the National...
More »The importance of government schools in India
-The Indian Express What can government schools do? Make democracy work. If you are reading this piece, it is likely your child goes to an English-medium private school. Did the possibility of a government school occur to you? Did you consider it before deciding on the private school? When I pose this question to my friends, this is the usual refrain: “But they are of such poor quality, insufficient classrooms, inadequate teachers....
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