-The Telegraph Cuttack: What the state government failed to do, the Justice Madan Mohan Das Commission did. The commission, which is identifying small investors duped by dubious financial companies, has on its own ensured return of the invested amount usurped by sham companies to more than 1,200 persons even as the government continues to drag its feet on the issue. Some of the investors got their money on Tuesday. Though the number of...
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Smartphones under scanner for 'leaking' data
-The Hindu Concern over security features and embedded programmes of handsets; motivated by data leakage to other countries Concerned about instances of Indian mobile phone users’ contact lists, details and text messages being leaked to other countries, including China, the government has asked all firms selling smartphone handsets in the country to share details of the processes they follow to ensure there is no possibility of data thefts or leakages from their...
More »SC Imposes 100% Penalty on Odisha's Illegal Mining -Jayajit Dash
-TheWire.in Mining companies on the hook include Tata Steel, Essel Mining & Industries Ltd, Indrani Patnaik, Rungta Mines, Serajuddin & Company and even state-run entities like Odisha Mining Corporation. Bhubaneswar: Dealing a body blow to the mining companies that unlawfully raised huge quantities of iron ore and manganese ore, the Supreme Court on Wednesday called for the recovery of 100% compensation in lieu of the excess ore lifted. Disposing of a writ petition...
More »Farmer producer firms in Maharashtra, Punjab and Haryana considering agriculture trading -Nanda Kasabe
-The Financial Express Pune: Farmer producer companies in Maharashtra, Punjab and Haryana are considering the possibility of commencing trading in grapes, potato seeds and basmati rice soon. A 30-member team from farmer producer companies (FPCs) associated with the northern operations of the Vegetable Growers Association of India (VGAI) and the Haryana horticulture department was in Maharashtra to study the infrastructure of FPCs in the state and the establishment of logistics for...
More »CAG spots huge gaps in PM's Fasal Bima Yojana, other crop insurance schemes -Sanjeeb Mukherjee
-Business Standard Says over Rs 32,000-crore released to insurers from 2011-16 without verification of beneficiaries The crop insurance continues to be a problematic area despite the Centre launching the much-touted Pradhan Mantri Fasal Bima Yojana (PMFBY) from Kharif 2016 replacing two old schemes with no or marginal increase in coverage of non-loanee farmers, lower sum insured as compared to scale of finance and delayed claim settlement which defeated the very purpose of...
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