-The Financial Express Govt may spend major chunk of Budget outlay in these states The Modi government would spend major portion of the Rs 2,000- crore Budget outlay for providing LPG to households below poverty line in the eastern states such as Bihar, Jharkhand, West Bengal, Odisha and Assam. A senior official in the finance ministry told FE that the nodal petroleum ministry has proposed a detailed road map for the scheme aimed...
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Ansari flags 'erroneous' media reports
-The Telegraph New Delhi: Vice-President Hamid Ansari today cited "erroneous" media reports to warn that such coverage could erode the media's credibility and impair civil liberties but did not refer to the JNU controversy by name. Ansari, who is also the Rajya Sabha Chair, was addressing a seminar on the "Role of Editors in Today's Media", organised by Rajya Sabha TV. He conceded the Importance of speedy coverage in an age of 24x7...
More »Government slams ‘factually incorrect’ Assocham wheat report -Vishwa Mohan
-The Times of India NEW DELHI: The government on Saturday slammed the country's trade association Associated Chambers of Commerce of India (Assocham) for releasing a "factually incorrect" report estimating lower wheat production in India and said "such incorrect information is being publicized with a view to compel government to reduce Import duty on wheat." The Associated Chambers of Commerce and Industry of India (Assocham) recently came out with a paper, claiming that...
More »Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy
-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very Important role in the supply of credit to small business...
More »Centre slaps fee to curb plastic use
-The Telegraph New Delhi: Shopkeepers and street vendors across India who wish to continue providing commodities in plastic bags would need to pay Rs 4,000 per month to local authorities under new rules intended to discourage free carry bags. The Union environment ministry today announced revised rules to manage India's massive burden of plastic waste. The rules will introduce this waste management fee on vendors, while imposing a collect-back system for brand-owners...
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