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Post-note ban, Rs 35,000 crore cash stash flooded MP banks -Ankur Sirothia

-The Times of India BHOPAL: More than Rs 35,000 crore of stashed cash was pulled out of hidden lockers of Corporates and individuals and deposited in 25 major banks within 60 days of demonetisation in Madhya Pradesh, reveal documents accessed by TOI. More than 40% of these accounts are under I-T surveillance, say sources. Money in Pradhan Mantri Jan Dhan Yojana accounts rose by Rs 461 crore after the note ban —...

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Differently-abled pomegranate farmer receives Padma Shri award

-PTI AHMEDABAD: A differently-abled farmer from Gujarat's arid Banaskantha district has inspired several others to make the best use of their farmland by planting pomegranate. Genabhai Patel (52), a pomegranate farmer from Sarkari Goliya village in Lakhani taluka of the district, has polio in both legs but he did not let it become a hurdle. Instead, he experimented with farm practices involving drip irrigation to produce pomegranate in the highly arid and...

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Tax buoyancy improves, thanks to indirect levy -Muthukumar K

-The Hindu Business Line Research Bureau But indirect tax is inequitable as it is a burden for both the rich and the poor alike The growth in tax collection in relation to GDP growth has improved over the past couple of years under the Modi regime. In 2013-14, the final year of the UPA regime, tax buoyancy hit a four-year low at 0.71. Since then, it has improved to 1.23 in 2014-15 and...

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Poor swiped out in choice-less, not cash-less, society -Aruna Roy and Nikhil Dey

-The Indian Express For the poor, with little cash in the first place, digital promises to ‘swipe’ them out, before their marginalisation is even addressed. Demonetisation is, by its very nature, an autocratic, coercive step. The demonetisation of November 2016 has affected every single Indian. We are, as usual, persuaded to bear the pain and suffering, to “sacrifice” for the nation. The rhetoric continues but it now seems clear that the objective...

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Rights for the rightful owners -Brinda Karat

-The Hindu On the tenth anniversary of the historic passage of the Forest Rights Act, tribal resistance to defend their rights is growing even as government after government tries to dilute its provisions On this day 10 years ago the historic Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act was passed in the Lok Sabha. Its conception and passage was the result of the decades of struggles and...

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