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Government Allows Co-Operative Banks To Deposit Old Notes With RBI -Abhishek Vasudev

-NDTV Profit The relaxation comes against the backdrop of reports that many district co-operative banks did not have enough cash to disburse to farmers. The Finance Ministry on Tuesday allowed banks, post offices and district central cooperative banks to deposit the scrapped Rs. 500 and 1,000 rupee notes with the Reserve Bank of India within 30 days and exchange the value of notes deposit with the new notes. In an official Notification...

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Between land and a hard place: 'Big-ticket projects' hurting Maharashtra farmers - Ketaki Ghoge

-Hindustan Times More and more farmers are falling into debt trap because farming is no longer profitable and big-ticket infrastructure projects are taking away their lands. Nasik: Shantaram Waghchowre’s worries are multiplying. Already hit by plunging prices for the crops he grows in his five-acre family farm in Maharashtra’s Pimpalgaon Dukre village of Nasik district, he is now staring at abject penury. The state government is set to acquire 50,000 acres of land...

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Goa to write to Centre over Notification on cattle trade

-The Times of India MARGAO: The BJP-led Goa government will write to the Centre raising objections to certain aspects of the central Notification on cattle trade as it will have a severe impact on the hospital industry and other ancillary industries, town and country planning minister Vijai Sardesai said here on Saturday. Sardesai, a member of Goa Forward Party, which is a BJP ally in the ruling coalition, said he had already...

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Government makes Aadhaar must for bank a/cs, high value transactions

-The Times of India NEW DELHI: The government has made the Aadhaar card mandatory for opening bank accounts and conducting financial transactions of Rs 50,000 and above. Those with existing accounts will also have to submit their unique identification number by the end of December. Not disclosing it by December 31 will lead to suspension of the account. While the income tax department had earlier announced the decision to make Aadhaar mandatory for...

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Open to review of cattle slaughter notice: Harsh Vardhan

-PTI May 23 Notification not “to influence food habits, or affect slaughtering business”, the Union Environment Minister says. The government on Sunday said it was open to suggestions from various groups on the May 23 cattle slaughter Notification and was not viewing it as a prestige issue. Speaking to reporters here, Environment Minister Harsh Vardhan said the intention behind the Notification was not to harm any particular group, influence food habits or affect...

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