-The Indian Express The government will spend over Rs 6000 crore on clean drinking water scheme, said CM Vasundhara Raje Chief Minister Vasundhara Raje presented the state financial budget for fiscal year 2017-18 in the Assembly. Here are some of the major announcements made by the Chief Minister: * 13 districts to benefit from Chambal water * Rs. 10 crore for GIB conservation in Desert National Park by improving grasslands * Launch of Project Leopard to...
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Holes in DeMo armour
-The Telegraph Mumbai: Prime Minister Narendra Modi could well choose to crow about the 7 per cent GDP growth in the third quarter of 2016-17 which, he believes, has blunted criticism about his demonetisation drive and its widely anticipated crippling impact on the economy. But analysts have started to focus attention on how the Central Statistics Office (CSO) "cooked" the numbers of the third quarter of 2015-16 to make the growth rate...
More »Farmers in Rajasthan pray for favourable weather
-The Times of India JAIPUR: Already upset with the abnormal weather conditions during March and April for two consecutive years, the farmers in Hadoti region and other parts of the state are jittery again.Though no abnormal conditions hinting at hail or dust storm have been witnessed so far, the farmers are praying to their local deities asking for favourable weather. It may be recalled that Prime Minister Narendra Modi had presented `Krishi...
More »Haryana spent 'Beti Bachao, Beti Padhao' funds on laptop bags, mugs -Sukhbir Siwach
-The Indian Express The auditor also pointed out that there was no provision in the scheme for purchase of laptop bags and mugs. Chandigarh: Finding loopholes in the implementation of Beti Bachao-Beti Padhao (BBBP) campaign launched by Prime Minister Narendra Modi in 2015, the Comptroller and Auditor General (CAG) found diversion of funds meant for the campaign in Panipat district. According to CAG’s latest report, over Rs 3 lakh were spent on “preparation”...
More »Demonetisation sucked in cash like vacuum cleaner: IMF
-PTI “Repercussions from the currency exchange initiative will likely persist through the first quarter of 2017.” Washington: India’s demonetisation led to huge cash shortages that have “adversely affected” consumption and like a “vacuum cleaner” it sucked in cash and then was slowly replacing the currency, a senior IMF official has said. “You’ve heard about so-called ‘helicopter drops’ of money with unconventional monetary policies, so one way to characterise this demonetisation initiative is as...
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