-Livemint.com Only RBI has the power to issue directives to Banks, says Indian Banks’ Association Mumbai: The Indian Banks’ Association (IBA) has questioned the jurisdiction of the Unique Identification Authority of India (UIDAI) in issuing directions to Banks under the Aadhaar Act, according to two people aware of the matter. IBA has written to the ministry of electronics and information technology, the Reserve Bank of India (RBI) and the finance ministry’s department of...
More »SEARCH RESULT
Jharkhand's MGNREGA Workers Need a Lot More Than Political Slogans -Siraj Dutta
-TheWire.in Despite widespread violations of workers’ entitlements, the BJP government as well as the opposition have shown nothing but apathy. The BJP-led Jharkhand government has coined a new slogan, “Har haath ko kaam (Give every hand work)” to show its commitment on providing employment to people of the state. The slogan assumes special significance for Jharkhand, where the ratio of working age population migrating to other states was the highest in the...
More »India must detoxify its poisoned farmlands
-Hindustan Times Many of these chemicals have become extremely pervasive in our environment as a result of their widespread repeated use and, in some cases, their environmental persistence Last week, the Maharashtra government registered a police complaint against three pesticide companies and Krishi Seva Kendras (agro-input centres) for selling pesticides not recommended for the region after 32 farmers from Vidarbha died of poisoning. The agriculture department, which is responsible for educating farmers...
More »Gujarat is offering 0%-interest loans to farmers but its record on long-term support is patchy -Nitin Sethi
-Scroll.in The state’s expenditure on agriculture and irrigation has fallen since 2013-’14. In the run-up to the Gujarat assembly elections, Chief Minister Vijay Rupani on October 16 announced that his government would offer interest free-loans to farmers who borrow up to Rs 3 lakh and pay the amount back on time. Many Opposition politics criticised this as a populist measure, aimed at garnering votes for Rupani’s Bharatiya Janata Party. Reducing the interest...
More »Bank Aadhaar linking: RBI never issued any order, reveals RTI -Yogesh Sapkale
-MoneyLife.in Even as Banks are on an overdrive to push customers to link their Aadhaar numbers to Bank accounts on the threat of suspending accounts, the Reserve Bank of India (RBI) has told us that it has never issued any such directions. This was in response to a Right to Information (RTI) Act application filed by me. The RBI’s emphatic RTI response makes it clear that the decision is entirely that...
More »