-The Times of India The estimate of Rs 1.86 lakh crore mentioned in the CAG report on Coalgate as "windfall gains" to private players who bagged coal mines allocated by the government without bidding is not sacrosanct, according to senior sources in the auditing agency. "We have never claimed that our estimate is not open to debate," sources said, adding that even the expression "windfall gains" was not that of the auditor....
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We should not forget that prices which consumers pay are not what farmers get
-The Times of India Union steel minister Beni Prasad Verma's claim, that he was happy with inflation as higher food prices have helped farmers, borders on the ludicrous. A few weeks back P Chidambaram also attracted flak when he said that consumers have to pay more for sugar, rice and wheat as procurement prices are raised to benefit farmers. Linkages between high food prices and farmers' welfare is dubious because there...
More »34% increase in deposits at rural banks-Jaideep Deogharia
-The Times of India RANCHI: If deposits in banks are indicative of prosperity of a region, Jharkhand villages have been blazing quite a trail over the past couple of years. The volume of money deposited with rural bank branches witnessed a whopping 34% increase over the last fiscal as against increase of mere 19% in the urban bank branches. With emphasis on financial inclusion, linking MGNREGA wages with bank accounts and...
More »Opinion divided over notifications on tiger reserves -VS Palaniappan
-The Hindu Certain section of population seeks relaxation of ban on tourism; specialists are against any dilution of the scheme The Tamil Nadu Government’s latest notifications on demarcation of core and buffer zones of three tiger reserves in the State may still require a fine-tuning to strike a balance among ecology protection, tribal welfare and tourism promotion, feel conservationists and wildlife experts. As the demand for relaxation of the ban on tourism becomes...
More »'Demonetisation of Notes Won't Help Curb Black Money'
-PTI Demonetisation of high denomination currency notes like Rs 1,000 and Rs 500 may not help curb black money which is largely held in the form of benami properties, bullion and jewellery, a Finance Ministry report says. "One common demand from the public is that high denomination currency notes, particularly Rs 1,000 and Rs 500, should be demonetised", says a committee headed by the CBDT chairman in its report to the Finance...
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