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Distract from Ineffectual Governance, Say Civil Society Members -Nehmat Kaur

-TheWire.in As the unorganised sector continues suffering, civil society members, bankers and Politicians remain sceptical of demonetisation’s impact on black money. It is no secret that India’s informal sector, a largely cash-based economy, has taken a big hit because of demonetisation. While the government insists that the suffering is only temporary and worth it for cracking down on black money, several representatives from the unorganised sector are presenting a starkly different account...

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Netas using co-op banks for backdated FDs, DDs -Partha Sinha

-The Times of India MUMBAI: A few cooperative banks, mostly in rural areas, have found a new way to bypass banking system norms put in place by the government to fight the black money menace. Since PM Narendra Modi launched the demonetisation drive on November 8, these cooperative banks, which are yet to be computerised and still use physical ledger books, are taking cash from customers and opening backdated fixed deposits...

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Amid black cash hunt, Supreme Court moved on political gifts -J Venkatesan

-The Asian Age Prashant Bhushan has filed this application in the pending petition challenging the arbitrary appointment of the CVC. New Delhi: Common Cause organisation has approached the Supreme Court regarding bribes paid to prominent Politicians by corporate groups, as revealed during the raids by income tax department and the CBI in 2013 and 2014. Advocate Prashant Bhushan has filed this application in the pending petition challenging the arbitrary appointment of the chief...

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Show me the money -Ila Patnaik

-The Indian Express Ban on Rs 500, Rs 1000 notes deals with stocks of black money. But push to a cashless economy is premature. The sudden and dramatic announcement by the prime minister banning Rs 500 and Rs 1,000 notes issued by the Reserve Bank of India has a number of objectives. Among them are tackling counterfeit notes, curbing black money and restricting finance for subversive activities. While progress will be made by...

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50 yrs on, Punjab leads agri charts, Haryana catching up -Gurpreet Singh Nibber and Rajesh Moudgill

-Hindustan Times Chandigarh: ON FARM FRONT Food security of the nation continues to be in the hands of Punjab that contributes the maximum share of wheat to the central pool but its farmers need reforms, not sops, to find a way out of the debt trap. Haryana started at a disadvantage but is gaining ground though the state govt’s role leaves much to be desired. Punjab awaits another revolution The tumultuous trifurcation of Punjab...

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