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Par panel to summon RBI Governor Urjit Patel again on April 20

-PTI Besides Patel, Economic Affairs Secretary Sashikanta Das and Financial Services Secretary Anjuly Chib Duggal are also being asked to appear before the Committee. A Parliamentary panel has decided to summon Reserve Bank Governor Urjit Patel again to explain how much of the junked currency has been deposited in banks post note ban and the progress made in remonetisation. The meeting of the Standing Committees on Finance, headed by former cabinet minister M...

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Centre rules out farm loan waivers to states

-PTI NEW DELHI: Finance minister Arun Jaitley today ruled out farm loan waivers by the Centre but said states can utilise their own resources in this regard. He clarified that the Centre will not adopt a selective approach by helping one state and not the others. "This issue (loan waiver) has cropped up in several states. The Centre has its policies for agriculture sector under which we provide interest subvention and other...

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Centre initiates discussion on farm loan waiver

-PTI Maharashtra, TN among States seeking relief; hold talks with Finance Minister New Delhi: Finance Minister Arun Jaitley on Friday initiated discussions on a farm loan waiver scheme with the Agriculture Ministry and some States in line with the BJP’s promise ahead of Uttar Pradesh elections. Agriculture Minister Radha Mohan Singh, Maharashtra Chief Minister Devendra Fadnavis and Tamil Nadu Finance Minister D Jayakumar were among those who met Jaitley to discuss various issues...

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In Himachal Pradesh, a village is using the law to take back forest land from the Forest Department -Shazia Nigar

-Scroll.in The Forest Rights Act recognises the rights of forest dwelling communities and entrusts them with the responsibility for conservation. The residents of Gunehar village in Himachal Pradesh’s Kangra district are attempting to use the Forest Rights Act to challenge the state Forest Department’s decision to hand over two hectares of local forest land to the Wildlife Department to construct an office complex. At the end of December, the Gunehar panchayat...

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80% of new U.P. MLAs are crorepatis -Sruthi Radhakrishnan

-The Hindu While the earlier Assembly saw 271 MLAs or 67% crorepatis, this time there has been a jump of 13 percentage points. As the BJP got a sweeping mandate with 312 seats in the recently concluded Uttar Pradesh Assembly elections, data analysis by election watchdog Association for Democratic Reforms shows that 80% of MLAs in the new Assembly are crorepatis. The MLAs with the most assets are the BSP’s Shah Alam Urf...

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