-PTI RBI says do not expect any compensation for theft or burglary of valuables in safe deposit boxes of public sector banks as the locker hiring agreement absolves them of all liability New Delhi: Do not expect any compensation for theft or burglary of valuables in safe deposit boxes of public sector banks as the locker hiring agreement absolves them of all liability. This bitter truth was disclosed in an RTI response...
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Of songs and seeds: This MP man is on a mission to save tradition, local crops -Neeraj Santoshi
-Hindustan Times Madhya Pradesh’s Babulal Dahiya is a collector of folk songs and seeds and has sown 110 varieties of rice to preserve them. Bhopal: He is a collector of folk songs and seeds. And it was while collecting Bagheli folklore, this 72-year-old farmer cum Bagheli poet realized that saving folk songs and sayings won’t mean much if the local crop varieties, which repeatedly crop up in the folk literature, are...
More »Note ban has and may continue to result in a slowdown, warns SBI
-PTI Also says that note ban's impact could adversely affect its business The country's largest lender, the State Bank of India (SBI), has expressed apprehensions that demonetisation may continue to result in slowing down of the economy and adversely affect its business. The government had discontinued Rs 500 and Rs 1,000 banknotes from November 9, 2016, and issued new Rs 500 and Rs 2,000 currency notes in exchange for the discontinued ones. The long-term...
More »Outsource Govt Services, Bring in Pvt Sector Talent, Suggests Niti Aayog
-Outlook Policy think-tank Niti Aayog has suggested outsourcing of public services to private hands in order to reduce dependence on the government administrative machinery. It has also recommended induction of specialists into the governance system through lateral entry, a move which, it says, will bring "Competition to the established career bureaucracy". In its draft report on a three-year action agenda made public recently, the Niti Aayog has set a target of full- digitisation...
More »With Niti Aayog's three-tier plans, Soviet-era state control over economy is back (in a new bottle) -Parsa Venkateshwar Rao Jr
-Scroll.in The Five Year plan is gone, several long- and short-term plans are in, but the government is still mapping growth in a supposedly market economy. When Prime Minister Narendra Modi announced the dismantling of the more than six-decades-old Planning Commission in his Independence Day speech on August 15, 2014, it seemed that India was at last formally breaking with the notion of planning, a socialist recipe for the anarchic market...
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