-TheWire.in Agricultural experts say that large corporations are being given 'agricultural' loans at cheaper interest rates and with easier regulations in the name of farmers. New Delhi: Government banks handed out Rs 58,561 crore to 615 accounts in agricultural loans in the year 2016. On average, each account has been given over Rs 95 crore in agricultural loans. This information was revealed by the Reserve Bank of India in response to a Right...
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RBI: Loan defaults by small businesses double in a year -George Mathew
-The Indian Express RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year. Mumbai: MICRO AND small businesses continue to struggle in the wake of demonetisation and implementation of the Goods and Services Tax (GST), with the latest RBI figures...
More »Can't disclose security expenditure of Amit Shah under RTI, says central information commission
-ThePrint.in Petitioner had sought information saying Shah had Z+ security cover since July 2014 even though he didn’t hold constitutional or statutory office. New Delhi: Expenses incurred on the security cover of BJP president Amit Shah cannot be disclosed, the Central Information Commission (CIC) has held citing RTI Act exemption clauses of “personal information” and “safety”. The commission has denied the appeal of a petitioner who had also sought to know the rules...
More »BJP Minister Narendra Singh Tomar Won't Say How He Spent Rs 11 Cr Of His MPLADS Fund Despite CIC Order -Akshay Deshmane
-HuffingtonPost.in Prime Minister Narendra Modi claims he is running a transparent government, but his cabinet colleagues are withholding public information. NEW DELHI: Union cabinet minister and Lok Sabha member Narendra Singh Tomar of the Bharatiya Janata Party (BJP) has not disclosed how he has spent over Rs 11 cr of his discretionary fund in his Gwalior constituency, despite directions from the Central Information Commission (CIC), HuffPost India has found. This persistent denial of...
More »Why Indian government exports petrol at half the price we pay -Anand Patel
-IndiaToday.in New Delhi: A news report actively shared on social media based on RTI reply on exports claims that India is exporting refined petrol to 15 nations at Rs 34 per litre while refined diesel is exported to 29 countries at Rs 37 per litre as per the information provided. It is being alleged that Government has levied high taxes on petroleum products making it a prized commodity for domestic consumers while...
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