-TheWire.in PricewaterhouseCoopers, convicted in the Rs 7,000 crore Satyam scam, had also audited accounts of Vijay Mallya’s firm and the Global Trust Bank, which collapsed. New Delhi: The Narendra Modi government’s appointment of PricewaterhouseCoopers (PwC) India to key projects like black money probes, Digital India, Make in India and Smart Cities project has been questioned by the Citizens Whistleblowers Forum. The group has also expressed concern over the RBI’s engagement of the...
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Vague RBI guidelines see Banks cap PM's Jan Dhan Yojana accounts -Mayur Shetty
-The Times of India MUMBAI: Crores of Pradhan Mantri Jan Dhan Yojana (PMJDY) account-holders risk either having their accounts frozen or having charges imposed if they exceed four debit transactions in a month. Vague wording of the Reserve Bank of India's guidelines on basic savings Bank deposit accounts (BSBDA), which include PMJDY accounts, has led to Banks conjuring up ways to cap free transactions. The norms applicable to PMJDY accounts are those...
More »Why risks to inflation in India are on the rise -Roshan Kishore
-Livemint.com There is a growing risk that inflation may spike in the coming months The sharp drop in prices of farm products over the past few months has not just upset farmers across the country, but also seems to have complicated the task of India’s monetary authorities. The minutes of the last meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) show that the committee is divided...
More »Farmer organisations from Punjab to join Mandsaur protest march -Anju Agnihotri Chaba
-The Indian Express The protest march will reach ‘Jantar mantar’ in Delhi on July 18 and will focus on only two main issues — “total loan waiver for all farmers and providing one-and-half times more price of the total production cost of the crop”. Jalandhar: Despite Punjab government’s loan waiver announcement, four farmers’ organisations from Punjab have decided to participate in the national-level protest under the Banner of Akhil Bhartiya Kisan Sangharsh...
More »581 mn Indians in country's 9 poorest states live without proper healthcare -Ojaswi Rao
-Business Standard/ IndiaSpend Seven of the nine 'high-focus' states report underspending on healthcare Nine of India’s poorest states–home to 581 million or 48% of India’s population–account for 70% of the country’s infant deaths, 75% of under-five deaths and 62% of maternal deaths, but do not spend even the money they have set aside for healthcare, according to an IndiaSpend analysis of 2017 Reserve Bank of India data on state budgets. The data also...
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