-The Times of India NEW DELHI: The Central Pollution Control Board (CPCB) has recently ordered closure of many polluting units in Uttar Pradesh and elsewhere, but such a 'drastic' step could soon be the last resort if the government finally legislates a proposed law which imposes heavy fines on violators instead of shutting them down altogether. The proposed law provides for an increase in the existing penalty from Rs 1 lakh to...
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Govt mulling 2% relief on GST for digital payments -Pankaj Doval
-The Times of India NEW DELHI: You may soon need to shell out less if you pay digitally. The government is looking at giving a 2% incentive over the appliCABle GST tax rate in case of digital payments where the bill is up to Rs 2,000, in a move aimed at discouraging cash payments. According to sources, the proposal - which may give the benefit in the form of a discount or...
More »Centre approves the merger, consolidation of public sector banks
-Scroll.in Principal Economic Advisor Sanjeev Sanyal said the government wants to reduce the number of PSU lenders to 10 to 15 from the current 21. The Union CABinet on Wednesday gave its in-principle approval for the merger and consolidation of public sector banks, reported ET Now. The CABinet gave the go-ahead to set up a mechanism to carry out such mergers. The move is aimed at improving the efficiency of public...
More »Panel to split OBCs into sub-categories
-The Times of India NEW DELHI: The government is set to constitute a commission to examine how the Central list of OBCs can be divided into sub-groups, an act that appears to be a BJP move to win over the "most backward castes" by addressing their grievance of "inequitable" distribution of Mandal reservation benefits. The Union CABinet on Wednesday approved the setting up of a commission for sub-categorisation of OBCs. It sets the...
More »Madhya Pradesh to compensate farmers selling at lower than MSP -Milind Ghatwai
-The Indian Express The registration of farmers will begin from September 1. Besides personal details like phone number, bank account details and Aadhaar number, the farmers will have to share details of cultivation and acreage Bhopal: The Madhya Pradesh government is set to roll out a populist scheme to compensate farmers when they are forced to sell their crops below the minimum support price (MSP) in mandis. The move by the...
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