-MoneyControl.com India has suspended futures trading in seven commodities with immediate effect in its latest move to rein in soaring inflation. The Finance Ministry has suspended trading in futures contracts of some agricultural commodities for one year to reign in inflation. Trading in seven commodities - paddy (non-basmati), wheat, chana, mustard seeds and its derivatives, soya bean and its derivatives, crude palm oil and moong - has been suspended with immediate effect, according...
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Black money: No estimate of amount stashed in foreign accounts for last 5 years, Centre tells RS
-Scroll.in The Centre said that 648 disclosures about foreign assets worth Rs 4,164 crore were made during a one-time compliance window in September 2015. There is no official estimate on the amount of black money stashed in foreign accounts for last five years, the Union government told the Rajya Sabha on Tuesday. Minister of State for Finance Pankaj Chaudhary made the statement in a written reply to a question by Samajwadi Party MPs...
More »Govt. will improve suo motu publication of data under the RTI Act, says Minister
-The Hindu ‘It is planning to develop minimum standards to enhance availability’ The Tamil Nadu Government will improve suo motu publication of data under the Right to Information Act on the websites of government departments, said Minister for Finance and Human Resources Management Palanivel Thiaga Rajan here on Monday. To a question raised during the discussion following the launch of the book Whole Numbers and Half Truths, authored by journalist S. Rukmini, he...
More »TN Finance minister stresses on need for data for better governance
-TheFederal.in Fund allocation could be done much more effectively with the availability of current data, said Palanivel Thiaga Rajan The Tamil Nadu government has scope for conducting accurate state-specific sample surveys, similar to the ones done by the National Sample Survey Office (NSSO) to improve availability of data for taking policy decisions, said Minister for Finance and Human Resources Management Palanivel Thiaga Rajan, in Chennai on Monday (December 6). The Tamil Nadu minister...
More »Gramin Agricultural Markets: Two years on, just 6% haats upgraded -Shagun Kapil
-Down to Earth The Centre had announced a scheme in the 2018-19 budget to upgrade rural haats so that small farmers could get fair prices for their produce It has been two years since an ambitious programme to convert 22,000 rural haats into Gramin Agricultural Markets (GrAMs) was launched. But only 1,251 have come up till now. This is barely six per cent of the target. Union Agriculture Minister Narendra Singh Tomar told...
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