-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...
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PPF, NSC rates slashed again; here's how much return small savings schemes will give now -Sanjeev Sinha
-The Financial Express If you are a risk-averse investor and have been banking on small savings schemes for the purpose of saving and investment as well as building your retirement nest egg, then there is some bad news for you. For, the government has reduced the return on small savings schemes – including Public Provident Fund (PPF), NSC, Kisan Vikas Patra and Senior Citizen Savings Scheme — by 10 basis points....
More »Aadhaar centres only at government premises from September
-PTI Aadhaar-issuing authority UIDAI has asked states to ensure that all enrolments, even those by private agencies, shift to government or municipal premises by September this year New Delhi: Aadhaar-issuing authority Unique Identification Authority of India (UIDAI) has asked states to ensure that all enrolments, even those by private agencies, shift to government or municipal premises from external sites by September this year. The move will have a bearing on 25,000 active enrolment...
More »GST Council cuts tax rate on fertiliser to 5%
-PTI New Delhi: Just a couple of hours before the Goods and Services Tax (GST) roll out, the all-powerful GST Council tonight reduced the tax rate on fertiliser to 5 per cent from previously decided 12 per cent. Finance Minister Arun Jaitley, who heads the GST Council comprising representatives of states, said the decision to reduce the tax rate on fertiliser was taken because of apprehensions that price of the crop nutrient...
More »In Bastar villages where few have Aadhaar, PDS officials fear they will have to say no -Dipankar Ghose
-The Indian Express For villages such as Pidia and Gampur who are caught between government orders and Maoist diktats, “consent” means little. In Pidia, of 485 ration cards, there are 25 that are Aadhaar-seeded. In Gampur, the number is 17 of 283. Gangaloor: For at least two months, Mahendra Hemla has been having the same conversation with the villagers. They come, the entire village of Pipdia almost at once, to his small...
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