-The Times of India NEW DELHI: Real estate developers across the country are in a quandary as the Centre has stopped them from marketing ongoing projects yet to be registered with their respective state's real estate regulatory authority (Rera), and most state governments are neither ready with rules under the new Act, nor have they created the authorities. In a written clarification to the National Real Estate Development Council (NAREDCO), the Union...
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Mandsaur agrarian unrest: The worth of a crore -Milind Ghatwai & Mohammad Hamza Khan
-The Indian Express Six people died during the farmer protests in Mandsaur, MP, after which the government announced Rs 1 crore to each of the families. The Indian Express visits their homes to hear their stories — from a new-born who will never see her father to an aunt who asks: “Will we get the money? When?” How money reached them When five protesters died on June 6 in alleged police firing...
More »Government Allows Co-Operative Banks To Deposit Old Notes With RBI -Abhishek Vasudev
-NDTV Profit The relaxation comes against the backdrop of reports that many district co-operative banks did not have enough cash to disburse to farmers. The Finance Ministry on Tuesday allowed banks, post offices and district central cooperative banks to deposit the scrapped Rs. 500 and 1,000 rupee notes with the Reserve Bank of India within 30 days and exchange the value of notes deposit with the new notes. In an official notification...
More »Government makes Aadhaar must for bank a/cs, high value transactions
-The Times of India NEW DELHI: The government has made the Aadhaar card mandatory for opening bank accounts and conducting financial transactions of Rs 50,000 and above. Those with existing accounts will also have to submit their unique identification number by the end of December. Not disclosing it by December 31 will lead to suspension of the account. While the income tax department had earlier announced the decision to make Aadhaar mandatory for...
More »As business slumps, anxiety grips U.P.'s cattle markets -Jacob Koshy
-The Hindu Managers of around 3,000 privately-run markets are to meet and protest new rules that ban sale of animals for slaughter at cattle markets Fridays are festive days at Pachokhara. For nearly half-a-century now, farmers, cattle-rearers and tradesmen have made the weekly trip to the cricket stadium-sized grounds of the Upadhyay family— prominent local land-owners — to trade cattle. A dirt road splits the ground into a section for buffaloes and another for...
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