-The Times of India NEW DELHI: In a major victory for the Narendra Modi government that is set on making Aadhaar compulsory for several kinds of transactions, the Supreme Court upheld on Friday the law making the UID number a must for filing income tax returns and its linkage to PAN card. In what could cheer up the government, which faced anxious times while defending validity of Section 139AA of the Income...
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Farmers died in police firing, MP govt tells MHA
-The Times of India NEW DELHI: The five farmers who were killed during violent clashes in Mandsaur, MP, on Tuesday died due to police firing, the state government has said in a report sent to the home ministry. The report clears up the air over the firing as the state had initially claimed that police had not fired on the agitating farmers. It says police resorted to firing after the protesters turned...
More »Soft loans for women to run public transport -Subodh Ghildiyal
-The Times of India NEW DELHI: Soon, the last-mile connectivity in remote villages of the country's backward pockets may be provided by transport services run by women's Self Help Groups. The Centre is working on a scheme to provide interest-free loan to women's SHGs to enable them to buy vehicles and hire drivers. These vehicles will serve as public transport to villages not connected to the main town by any such service....
More »UP farm loan write-off sowed seeds of stir?
-The Times of India Demands for loan write-offs being stonewalled by the government seems to be the primary reason driving the country's farm folk to protests that are periodically degenerating into violence. Additionally, the governments' unwillingness to increase the minimum support price (MSP) to check food-induced inflation that would impact voters, too, could be a factor. While UP government's decision on April 12 to announce loan waiver for the state's three crore farmers...
More »NDTV probe: Private banks fear debt resolution may be hit -Mayur Shetty
-The Times of India MUMBAI: Private sector bankers say that if NDTV's loan settlement with ICICI Bank is termed criminal, it could hit resolution of bad debts. The concerns follow the Central Bureau of Investigation (CBI) alleging that ICICI Bank officials may have caused wrongful gains to NDTV promoters by agreeing to cut the interest rate to settle the loan. "Settlement of any stressed loan involves some sacrifice by the banker. Often...
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