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Economic revival beating predictions: RBI bulletin

-The Hindu “Economic conditions continued to improve through November on the back of the uptick in agriculture and manufacturing,” RBI officials say in an article in the central bank’s monthly bulletin. There is now more evidence to show that the indian economy “is pulling out of COVID-19’s deep abyss and is reflating” at a pace that beats most predictions, RBI officials, including Deputy Governor Michael Patra, said in an article in the...

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It’s MP, not Haryana or Punjab, which reaped the benefits of MSP the most -Radheshyam Jadhav

-The Hindu Business Line Pune: The protest against the Centre’s newly introduced farm laws is loudest in Punjab and Haryana, where the MSP mechanism is robust, benefiting wheat growing farmers. However, government data shows that Madhya Pradesh farmers have steadily taken over wheat growers in Punjab and Haryana to reap benefits of MSP in the last five years. Data from rabi marketing seasons (RMS) 2016-17 to 2020-21 shows that 47,58,350 farmers from...

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ED attaches Rs 255-crore assests for alleged agri loan fraud, duping farmers in Maharashtra

-PTI/ ThePrint.in Assets of Gangakhed Sugar & Energy Limited and Yogeswari Hatcheries and Gangakhed Solar Power Limited were provisionally attached under PMLA. New Delhi: Properties worth Rs 255 crore have been attached in connection with a money laundering probe linked to a case of alleged agricultural loan fraud and duping of farmers in Maharashtra, the Enforcement Directorate said on Wednesday. “Assets worth Rs 255 crore of Gangakhed Sugar & Energy Limited (GSEL), Yogeswari...

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Electoral Bonds: 'No Public Interest' in Revealing Details of Political Donors, Says Top RTI Body

-TheWire.in While dismissing an appeal, the statutory body also held that revealing the details of donors would violate the provisions of the Right to Information Act. New Delhi: In a significant ruling, the Central Information Commission has held that disclosing the identities of the electoral bond scheme donors is not in the public interest. The statutory body for the implementation for the RTI Act also held that revealing the details of donors would...

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Economic revival is slowing, key indicators show -Shreya Nandi and Gireesh Chandra Prasad

-Livemint.com Data from the corporate affairs ministry show the setting up of new firms, which indicates investment intent, fell 19.5% in November to 13,453 from the preceding month The tally of newly incorporated companies, as well as electronic permits raised for transporting goods, declined on a sequential basis in November for the first time since April. This loss of momentum in economic recovery after the initial turbulence caused by the pandemic could worry...

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