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'Cow slaughter Ban can cost India dearly' -TV Jayan

-The Hindu Business Line 1.5 times the defence budget may be needed for unproductive animals: Economist Rawal New Delhi: The Ban on cow slaughter can pose a serious threat to the Indian economy in the near future, as the country may have to spend 1.5 times its current Defence Budget to take care of an additional 27 crore unproductive animals annually, an agricultural economist has warned. Speaking at a function organised by Bhumi Adhikar Andolan, a...

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17% of cash seized in raids during demonetisation were in new notes

-The Times of India NEW DELHI: As much as Rs 110 crore of the Rs 610 crore of unaccounted money seized in raids during demonetisation was in new Rs 2,000 and Rs 500 notes, indicating misuse of windows offered by the government to change old currency. The new currency seized by police and income tax officials was partly generated through routes such as petrol pumps, railway and airline ticketing and toll plazas...

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A cow bill trumps defence -Anita Joshua

-The Telegraph New Delhi: Amid cow vigilantism, a professor of economics specialising in agrarian issues today wondered aloud whether those demanding a nationwide Ban on cow slaughter had thought about its fallout, more so as a beginning had been made with the restrictions on the sale of animals for slaughter at cattle markets. A calculation by professor Vikas Rawal of the Centre for Economic Studies and Planning at Jawaharlal Nehru University's School...

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Who's benefiting from crop insurance: SC to government -Subodh Varma

-The Times of India Continuing suicides and intermittent protests by farmers across the country prompted the Supreme Court on Thursday to ask why the much publicised Pradhan Mantri Fasal Bima Yojana (PMBFY) had not provided relief to the hapless farmers. While the government said that it is the first year and they are ironing out the problems, a look at the details of this first year's implementation throws up more systemic...

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Card, online payments made safer; customer liability cut

-The Times of India MUMBAI: Electronic payments have become safer for consumers with the Reserve Bank of India (RBI) introducing the concept of 'zero liability' and 'limited liability' for Bank customers for any card or online fraud. The central Bank has also made it mandatory for Banks to register all customers for text message alerts and permit reporting of unauthorized transactions through a reply to the alert message. The proposal to limit...

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