-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »SEARCH RESULT
Total Matching Records found : 2506
99.40% of demonetised notes returned: RBI
-The Hindu Business Line Value of banknotes in circulation increased to Rs 18.03 lakh crore as at end-March 2018 Mumbai: Close to 99.40 per cent of specified bank notes (SBNs) of Rs 500 and Rs 1,000 denominations, which were scrapped in the November-December 2016 period, have been returned from circulation, according to the Reserve Bank of India's annual report. The report pegged the total SBNs returned from circulation at Rs 15.31 lakh crore....
More »BJP Minister Narendra Singh Tomar Won't Say How He Spent Rs 11 Cr Of His MPLADS Fund Despite CIC Order -Akshay Deshmane
-HuffingtonPost.in Prime Minister Narendra Modi claims he is running a transparent government, but his cabinet colleagues are withholding public information. NEW DELHI: Union cabinet minister and Lok Sabha member Narendra Singh Tomar of the Bharatiya Janata Party (BJP) has not disclosed how he has spent over Rs 11 cr of his discretionary fund in his Gwalior constituency, despite directions from the Central Information Commission (CIC), HuffPost India has found. This persistent denial of...
More »Banks take about Rs. 70,000-cr. hit due to frauds in last 3 years
-PTI ‘Impact in 2017-18 at ?36,694 cr. more than twice seen in previous 2 years, each’ Indian banks reported a total loss of about ?70,000 crore due to frauds during the last three fiscals up to March 2018, the Rajya Sabha was informed on Tuesday. The extent of loss in fraud cases reported by scheduled commercial banks (SCBs) for 2015-16, 2016-17 and 2017-18 was ?16,409 crore, ?16,652 crore and ?36,694 crore, respectively, Minister...
More »Hollowed out
-The Telegraph Hunger kills. In India, it does so with alarming frequency. Three girls aged eight, four and two died in the national capital last week; the autopsy showed that their stomach and bowels were "absolutely empty". This was in spite of the fact that the oldest girl at least went to school and should have been receiving mid-day meals. The blame, as usual, was at first apportioned to exclusion. The...
More »
