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Need to eliminate distrust within private sector, 'extraordinary' steps needed: NITI Aayog on slowdown

-The Indian Express Explaining the origins of the present economic situation, the Niti Aayog vice-chairman said: "The entire episode started with indiscriminate lending during 2009-14 leading rise in non-performing Assets (NPAs) post-2014." The Centre’s policy think tank Niti Aayog stated Thursday that the prevalent slowdown in the country’s economy is due to the distrust amongst the private sector where the credit situation is stagnant. “Nobody is trusting anybody else… within the...

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On sale: Your personal data is worth 50 paise or less -Mahender Singh Manral

-The Indian Express The Indian Express checked one of the websites, which was found to be active hours after the arrests. Investigation into two women arrested for allegedly duping more than 350 people on the pretext of providing health insurance at a low premium has revealed they were procuring database of customers from employees of call centres after paying 5 paise to 50 paise per contact. Last week, two women identified as...

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Will Punjab and Haryana HC's recommendations reduce farmers' burden? -Rajeev Khanna

-Down to Earth The court’s suggestions, like making MSP a legal right and increasing it to thrice the cost of production, are practical but need effort in implementation, say experts The Punjab and Haryana high court recently recommended that minimum support price (MSP) be made farmers’ legal right and it be set at three times the cost of production. But will these or a slew of other measures the court suggested address...

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Too much of reforms led to slowdown: NITI Aayog CEO

-The Hindu Amitabh Kant attributes downshift to spate of measures including GST, RERA and IBC New Delhi: A spate of reforms undertaken by the government has led to the current slowdown in the country, Amitabh Kant, the CEO of policy think-tank NITI Aayog, said on Friday. This came as a note of caution from the senior official as he was advocating a series of policy decisions to revive the economy. Greater liquidity “Firstly, you...

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Social activist Aruna Roy speaks to Anindo Dey (The Times of India)

-The Times of India blog Last week, NDA government succeeded in getting contentious amendments to RTI Act passed by Parliament. Social activist Aruna Roy, who was at the forefront of the movement to persuade Parliament to enact the original law, speaks to Anindo Dey about the development: * The government said the RTI Act amendments set right the anomaly of the Information Commissions, which are statutory bodies, being treated on a par...

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