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It's DeMo effect, says Singh

-The Telegraph New Delhi: Former Prime Minister Manmohan Singh today directly linked the slowdown in growth to demonetisation, pointed out that private investments had almost dried up and expressed deep concern over a jobs crunch. The most authoritative Opposition voice on the economy was speaking at the Congress Working Committee meeting, five months after describing demonetisation as "organised loot and legalised plunder" and warning that growth would be severely affected. "India's GDP numbers...

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Indigenous community in Dang fights for land rights -Gajanan Khergamker

-VillageSquare.in The people of Navagam village in Dang district of Gujarat have said they would boycott upcoming assembly polls if the government does not resolve the long pending issue of land and house titles Dang (Gujarat): The 1,300 residents of Navagam village in Gujarat’s Dang district, an ethnic people living adjacent to Saputara, the state’s only hill station, are up in arms over their demand for land and rights in an area...

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Note ban effect: GDP growth enters slow lane in Q4 at 6.1% -Ishan Bakshi & Indivjal Dhasmana

-Business Standard GVA growth at 2-year low of 5.6%; Farming only bright spot India’s economic growth fell to 6.1 per cent in the fourth quarter (Q4) of 2016-17 (FY17), primarily because of demonetisation adversely affecting economic activity. This was at least a four-quarter low. The sectors worst affected were construction and financial services. Without indirect taxes, growth figures would be more dismal. Gross value added (GVA), the difference between gross domestic product...

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Water conservation: Nabard to help 1,00,000 villages before monsoon -Vimukt Dave

-Business Standard The programme will cover both water-scarce and flood-affected areas in India Ahmedabad: Ahead of the monsoon, the National Bank for Agriculture and Rural Development (Nabard) will be reaching out to 100,000 villages with its water conservation programme. The Nabard will be working with villagers on better use of water for agriculture and household purposes.   Amid a drought-like situation in several areas, the Nabard targets to help farmers extend water availability and...

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Bank leash on NGOs

-The Telegraph New Delhi: The Union home ministry has asked nearly 6,000 of the 13,000 registered NGOs in the country receiving foreign donations to open accounts in nationalised banks to facilitate constant surveillance of their activities. The NGOs have accounts in cooperative banks or state-owned banks, which do not have core-banking facilities. "To maintain surveillance on the activities of NGOs receiving foreign funds, the ministry wants all NGOs registered under the Foreign Contribution...

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