-Business Standard The demonetisation drive has hit job creation, beside adding to the stress on banks New Delhi: Demonetisation is expected to negatively impact the overall economy and job generation, a number of economists told Parliament's standing committee on finance. Reserve Bank governor Urjit Patel was to come but could not; he will do so on January 18. The panel heard four economists — former chief statistician Pronab Sen; Mahesh Vyas, head of...
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Demonetisation: Was RBI given enough time to discuss note ban, Manmohan Singh asks House panel -Anand Mishra
-The Indian Express Manmohan Singh also suggested that the panel — which is looking into the demonetisation decision — call government officials to depose before it hears RBI Governor Urjit Patel. New Delhi: During a meeting of the Parliamentary Committee on Finance on Thursday, former Prime Minister Manmohan Singh sought to know whether the RBI was given sufficient time to hold deliberations on the government’s demonetisation move. He also suggested that the...
More »Three CMs opt out of digitisation panel -Smita Gupta
-The Hindu Only Chandrababu Naidu and Shivraj Singh Chauhan will remain members Bihar’s Nitish Kumar, Tripura’s Manik Sarkar and Puducherry’s V. Narayanasamy have refused the Narendra Modi government’s invitation to join a sub-committee of Chief Ministers on digitisation and cashless transactions. The panel is tasked with suggesting possible ways to ease problems in the wake of the Centre’s demonetisation decision, sources in the Janata Dal (United), the CPI(M) and the Congress confirmed. The panel...
More »Govt to discuss bill to punish celebrities for misleading ads
-Hindustan Times New Delhi: An inter-ministerial panel is likely to discuss on Tuesday a draft bill prepared by the consumer affairs ministry which seeks to punish celebrities who endorse products that are substandard or make misleading claims. The stringent provisions in the bill include a fine of Rs 10 lakh and jail of up to two years for a first offence by celebrities. For subsequent offences, the draft bill provides a fine...
More »Freedom in peril -R Ramakumar
-Frontline The government’s passage of the Aadhaar Bill in complete disregard of even basic parliamentary procedures and in subversion of an ongoing judicial process puts at risk a number of constitutional rights and liberties of citizens. The benefits cited are just ploys to realise a neoliberal dream. “Congressmen are dancing as if [Aadhaar] was a herb for all cures. With the Supreme Court pulling up the Centre, people are now seeking...
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