-Scroll.in The proposed law is almost identical to the United Progressive Alliance’s 2008 Pesticide Management Bill. Months after more than 40 people in three states were reported to have died in the second half of 2017 after being exposed to spurious pesticides, the Bharatiya Janata Party government has begun consultations on a new Pesticides Management Bill. The deaths in rural Maharashtra, Tamil Nadu and Telangana highlighted the fact that the Insecticides Act...
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Assured return offers by realtors and jewellers to be treated as Ponzi -Sidhartha
-The Times of India NEW DELHI: The proposed law to crack down on Ponzi schemes will bar real estate developers that offer fixed returns till possession as well as schemes from jewellers as the government believes that they are “unregulated deposits”. The clampdown on realtors, jewellers and other deposit-seeking entities is part of the Banning of Unregulated Deposit Schemes Bill, which was cleared by the Cabinet on Wednesday and is expected to...
More »Private hospitals making profits of up to 1,737% on drugs, consumables and diagnostics: Study -Rema Nagarajan
-The Times of India NEW DELHI: An analysis of bills from four reputed private hospitals in Delhi and NCR by the National Pharmaceutical Pricing Authority (NPPA) has revealed that they are making profits of up to 1,737% on drugs, consumables and diagnostics and that these three accounts for about 46% of a patient’s bill. The analysis, released on Tuesday, noted that “the major beneficiaries of profits in all these cases because of...
More »Rajasthan withdraws Bill to gag media and shield judges, government servants -Mohammad Hamza Khan
-The Indian Express In a reply to the Budget debate in the Assembly, Vasundhara Raje said, "We sent the Bill to the Select Committee, we let the ordinance lapse and today it is not law, what should we withdraw? But we are still withdrawing it.” Jaipur: Rajasthan Chief Minister Vasundhara Raje Monday announced the withdrawal of a controversial Bill that sought to gag the media and shield judges and government servants from...
More »RBI's NPA bitter pill comes with some side effects -Richa Mishra & KR Srivats
-The Hindu Business Line Bankers call for a coordinated approach to deal with the stressed loans issue New Delhi: The RBI’s revised framework for stressed loans may prove to be disastrous and seems ill timed for an economy that is just recovering from twin policy blows of demonetisation and GST implementation. Though there are long-term benefits of administering such a bitter pill, the short-term risks are significant, say bankers. “This (revised NPA framework) is...
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