-The Times of India MUMBAI: The Reserve Bank of India (RBI) on Wednesday said that Rs 15.28 lakh crore --or 99% of the Rs 15.44 lakh crore demonetised by withdrawal of Rs 500 and Rs 1000 notes on November 8, 2016 --has been deposited with banks. The disclosure dashes hopes of the government earning a windfall by extinguishing trillions of rupees worth demonetised currency that has not been returned. In its annual report, the...
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Panel makes Ponzi firms pay -Lalmohan Patnaik and Subrat Das
-The Telegraph Cuttack: What the state government failed to do, the Justice Madan Mohan Das Commission did. The commission, which is identifying small investors duped by dubious financial companies, has on its own ensured return of the invested amount usurped by sham companies to more than 1,200 persons even as the government continues to drag its feet on the issue. Some of the investors got their money on Tuesday. Though the number of...
More »Despite RERA, Centre and states not doing enough to protect home buyers -Manish
-Hindustan Times The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective The Real Estate (Regulation) Act, 2016, the flagship legislation to protect home buyers, has come into force, but its implementation on the ground continues to lag, with the central and state governments equally lax...
More »Madhya Pradesh to compensate farmers selling at lower than MSP -Milind Ghatwai
-The Indian Express The registration of farmers will begin from September 1. Besides personal details like phone number, bank account details and Aadhaar number, the farmers will have to share details of cultivation and acreage Bhopal: The Madhya Pradesh government is set to roll out a populist scheme to compensate farmers when they are forced to sell their crops below the minimum support price (MSP) in mandis. The move by the...
More »SC slams Khattar government, finds 'influence' bags mining lease -Dhananjay Mahapatra
-The Times of India NEW DELHI: In what could hurt Haryana chief minister Manohar Lal Khattar's claim of corruption-free governance, the Supreme Court has severely criticised the manner in which "influence in high places' was used to subvert law regarding grant of mining lease in the state. Dropping loud hints about its displeasure, a bench of Justices Madan B Lokur and Deepak Gupta said: "This is a classic case of Sunder Marketing...
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