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SIT on blackmoney under the RTI Act: CIC

-PTI The SIT was set up on the orders of the Supreme Court in 2014 through a government notification to suggest methods to curb black money in the economy. The Supreme Court appointed Special Investigation Team on black money is answerable under the RTI Act, the Central Information Commission has held. Bringing SIT under the RTI Act, Information Commissioner Bimal Julka said every action of the government must be actuated in...

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Shaktikanta Das, former economic affairs secretary, interviewed by Sidhartha & Surojit Gupta

-The Times of India Former economic affairs secretary Shaktikanta Das , who played a key role during the demonetisation drive, spoke to TOI's Sidhartha & Surojit Gupta, four months after retiring from service in May. He says he does not agree with the criticism that implementation of demonetisation had serious shortcomings. Excerpts: * What is your assessment on the state of the economy? The macroeconomic parameters, except the growth figures which are down...

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SC glare on 'political bonds'

-The Telegraph New Delhi: The Supreme Court today sought the response of the Centre and the Election Commission on a joint petition filed by NGOs challenging amendments to the 2016 and 2017 Finance Acts that allegedly allow unfettered donations by corporate houses in India and foreign entities to parties in the name of "political bonds". According to advocates Prashant Bhushan and Neha Rathi, appearing for the NGOs Association of Democratic Reforms and...

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Farmers' protests shake Narendra Modi's 2019 bid as Indian economy slows -Archana Chaudhary

-Livemint.com For Narendra Modi, the protests involving hundreds of thousands of farmers highlight his struggle to deliver on the promises that swept him to power New Delhi: Anger over falling farm incomes has spilled onto streets across a swathe of India’s largest states as farmers struggle with food price deflation and a breakdown of the informal agriculture economy. For Prime Minister Narendra Modi—already grappling with a sharp economic slowdown and looming job cuts...

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Indian economy in a tailspin: What went wrong -Asit Ranjan Mishra and Gireesh Chandra Prasad

-Livemint.com While investment demand was anyway weak when the NDA came to power in 2014, private consumption has also started decelerating due to demonetisation New Delhi: The National Democratic Alliance (NDA) won a landslide in the 2014 general election with the promise of fast-tracking economic growth and creating jobs. It replaced the Congress-led United Progressive Alliance (UPA) government that was mired in corruption scandals and had mismanaged the economy. Three years on,...

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