-The Times of India NEW DELHI: Demonetisation and the subsequent push for digitisation has escalated risks relating to cyber crime and India needs to urgently upgrade its defences by setting up a cyber security commission on the lines of the Atomic Energy and Space Commissions, according to an IIT Kanpur study shared with Parliament's committee on finance. Noting that the government has initiated a number of programmes to enhance the participation of...
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CAG raps govt-owned banks for understating non-performing assets -Indivjal Dhasmana
-Business Standard Govt told to be consistent on capital infusion criteria The Comptroller and Auditor General of India (CAG) has slammed the managements and statutory auditors of 12 public sector banks (PSBs) for overstating their net profit, by underestimating non-performing assets (NPAs) and under-providing for these bad assets during 2016-17. Also, there were differences in the classification of and provisioning for assets between five banks and the Reserve Bank (RBI) but as the...
More »Ragpickers hit hard by GST -Mohit M Rao
-The Hindu Plastic recyclers protecting margins by paying less for waste plastic Bengaluru: As the nation ushered in the Goods and Services Tax (GST) on July 1, no one would have imagined that it might have adverse consequences for the environment. But with the tax rate on recycled plastic shooting up from 5.5% to 18% post-GST, ragpicking as a livelihood seems to be turning unviable, with attendant impact on the urban environment. Take...
More »'Minimum' govt to offer 400 new jobs -Charu Sudan Kasturi
-The Telegraph New Delhi: The Narendra Modi government, which had promised to facilitate the creation of 10 million new jobs each year, can finally boast a direct hand in carving out employment in a season of layoffs and self-inflicted economic wounds. But the jobs are in a sector the Prime Minister had promised to trim: his own administration. The foreign ministry plans to hire 400 computer-literate men and women to help it...
More »Health ministry claims it had no say in fine print of Niti Aayog plan to privatise some hospitals -Menaka Rao
-Scroll.in The ministry says it will respond to a draft model contract that has been sent to states for comments. The Ministry for Health and Family Welfare has said that it will respond to the Niti Aayog’s draft agreement proposing the terms for privatising district hospitals across the country. As Scroll.in reported, the government policy think tank sent a letter to states in June proposing a model by which private companies...
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