-PTI Those who have enrolled their names for the state government's crop insurance scheme would get 100 per cent coverage for their loss, Mamata Banerjee asserted. West Bengal Chief Minister Mamata Banerjee, after conducting an aerial survey of cyclone Bulbul-hit areas in North 24 Parganas, said on Wednesday that the loss incurred by the state due to the natural calamity might go up to Rs 50,000 crore. Mamata Banerjee handed over a cheque...
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Explained: Why the govt wants to change the definition of MSMEs -Udit Misra
-The Indian Express A change in definition is expected to improve their ease of doing business and help create more jobs. It has been reported that the government will soon change the way it defines the micro, small and medium enterprises (MSMEs). “We will have one meeting and then finalise it (changes to MSME definition),” Union Minister Nitin Gadkari told news agency PTI, adding that extensive changes will be made soon....
More »Fake banknotes seized in India doubled after demonetisation, Gujarat topped list: NCRB -Apoorva Mandhani and Aneesha Bedi
-ThePrint.in National Crime Records Bureau’s report for 2017 says new Rs 2,000 note, released after demonetisation, accounted for more than half the seized currency. New Delhi: Fake Indian currency notes worth Rs 28.1 crore were seized in 2017, almost doubling from the previous year’s mark of Rs 15.9 crore, according to the Crime in India-2017 report put together by the National Crime Records Bureau (NCRB). The report points out that the new Rs...
More »Curbing black money: Printing of Rs 2,000 notes stopped, says RTI reply -Kumar Vikram
-The New Indian Express According to the central bank’s RTI reply, 3,542.991 million notes of Rs 2,000 were printed during the financial year 2016-17. NEW DELHI: Have you been wondering why the ATMs have been barely dispensing Rs 2,000 notes for last few months? That’s because the printing of the high-value note has been stopped, the Reserve Bank of India informed this newspaper in reply to an RTI query. The Bharatiya Reserve Bank...
More »Nobel winner Abhijeet Banerjee's advice to govt: Make policies that work; govt teachers are overpaid
-Financial Express Indian-American Nobel prize winner economist Abhijeet Banerjee on Monday said that the government should make policies that work for the people. Indian-American Nobel prize winner economist Abhijeet Banerjee on Monday said that the government should make policies that work for the people, TV news channel CNBC TV-18 reported. There is a willingness to announce policies that sound good and serve the political purpose dictate their nature, he also said in...
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