-PTI India must focus on growth of labour-intensive sectors to create decent jobs for the masses as well as give “serious thought” to privatising the public sector Banks (PSBs), eminent economist Arvind Panagariya has said, emphasising that the reform process must be completed in the coming five years. Panagariya, who had served as the first Vice Chairman of the NITI Aayog from January 2015 to August 2017, was responding to a question...
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At Rs 670 crore, BSP has biggest bank balance among parties -Pradeep Thakur
-The Times of India NEW DELHI: The Bahujan Samaj Party (BSP) has the biggest bank balance among all parties, according to official records. The expenditure report submitted by BSP to the Election Commission on February 25 states that it has Rs 669 crore deposited in eight accounts in branches of public sector Banks in the national capital region. The party, which scored a blank in the 2014 Lok Sabha polls, has also...
More »Farmers in Maharashtra village finally get their crop-cover dues -Rajalakshmi Nirmal
-The Hindu Business Line Many ryots covered by PMFBY in Jalna district faced hardship due to a bureaucratic bungle Following a BusinessLine article dated February 18 (‘When cover for farmers came a cropper’), settlement has been done to 146 farmers of Jalna district in Aurangabad (Maharashtra) under the crop insurance scheme (for Kharif 2017) by the insurer, IFFCO Tokio. Here’s a quick recap of what had happened: Jalna was badly hit by a...
More »The self-employment conundrum -Arindam Gupta
-The Telegraph Funding small entrepreneurs will require more bank loans, preferably collateral-free, which will generate more NPAs The government has been compelling Banks to adopt a softer lending policy to promote self-employment. The Pradhan Mantri Mudra Yojana, launched in 2015, provides collateral-free loans to small entrepreneurs outside the farming sector in three categories: Rs 50,000 loan in the ‘Shishu’, Rs 5,00,000 in the ‘Kishore’ and Rs 10,00,000 in the ‘Tarun’ segments respectively....
More »Rahul Gandhi reveals Rs 15cr worth of assets, Rs 1cr income in FY18 -Rajiv G
-The Times of India THIRUVANANTHAPURAM: AICC president Rahul Gandhi owns assets worth Rs 14.85 crore. This is Rs 4.85 crore more than what he had declared during the 2014 Lok Sabha elections. In 2014 he had declared assets worth Rs 10 crore. In the affidavit filed before the Wayanad district collector on Thursday along with the nomination, Rahul Gandhi has declared that he has movable assets worth Rs 5,80,58,799 and immovable assets...
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