-The Indian Express UP, Maharashtra, Punjab, Tamil Nadu account for 36% of total agri-lending in FY17 till December New Delhi: AMID EARLY signs of farmers in Maharashtra starting to default on their farm loans in anticipation of a waiver on the lines of the one announced in Uttar Pradesh, what is adding to the worries of banks and other lending institutions is that the four states where such waivers are under discussion...
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ECI issues letter of intent for purchase of 16,15,000 VVPAT units
-The Hindu These VVPAT machines will be manufactured only as per the design approved by the Election Commission. The Election Commission has issued letter of intent for purchase of 16.15 lakh Voter-Verifiable Paper Audit Trail (VVPAT) machines, following a clearance by the Union Cabinet on fund allocations. The machines will be procured in 2017-18 and 2018-19 at an estimated cost of ?3,173.47 crore from public sector undertakings BEL and ECIL. “In its letter sent...
More »Govt clears decks for paper trails in all EVMs
-The Times of India NEW DELHI: The government cleared the decks for a fully paper trail-based parliamentary poll on Wednesday, with the Union Cabinet approving release of funds to the Election Commission for procuring 16.15 lakh voter verifiable paper audit trail (VVPAT) units in time for the 2019 general election. The expenditure of Rs 3,173 crore on the VVPATs will be split over two financial years, 2017-18 and 2018-19. If the EC...
More »Era of Nehruvian 5-year plan draws to a close -Mahendra Singh
-The Times of India NEW DELHI: The five-year plan, a relic of Nehru-era economic policy, will officially be buried as the Niti Aayog's governing council is likely to approve the government's new policy document: the three-year action plan (2017-2020). The government had announced that it would junk five-year plans from the current fiscal, after the 12th Plan ended on March 31, 2017, and replace it with three-year action plan and 15-year vision...
More »Counterfeiting of new notes worries agencies
-The Hindu Officials want security features changed every 3-4 years That the new Rs. 2,000 and Rs. 500 notes have the same security features as the old Rs. 500 and Rs. 1,000 ones has the security agencies worried. At a high-level meeting last week to discuss the presence of fake currency notes, officials at North Block were informed that the “covert security features” had not been changed since 2005. The Hindu had reported on...
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