-The Hindu Business Line After Allahabad HC rebuff, power firms look for govt lifeline mumbai: About 70 companies with a combined debt of approximately ?3.6-lakh crore face insolvency proceedings, with the deadline imposed by the Reserve Bank of India ending on Monday. These companies did not get any legal relief as the Allahabad High Court declined to stay the RBI’s February circular instructing banks to take all large accounts above ?2,000 crore...
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'With 3,200 dams, Maharashtra at risk of Kerala-like floods' -Nitin Yeshwantrao
-The Times of India THANE: The devastation caused by the floods in Kerala could be a preview to a similar disaster in-waiting in several cities and town of Maharashtra, where a combination of heavy rains, poor dam management and builder-driven encroachments in the flood control line could lead to a repeat of July 26, 2005, experts claimed. Maharashtra, with a total of 3,264 dams, could be highly vulnerable to devastating floods and...
More »Petroleum consortium says refusal to display PM's picture is inviting threat of blocked supplies -Piyush Pandey
-The Hindu Consortium representing them says refusal to display PM’s picture is inviting threat of blocked supplies mumbai: Dealers operating petrol pumps have received a verbal advisory from state-owned oil marketing companies (OMCs) to put up pictures of Prime Minister Narendra Modi at their retail outlets, triggering a protest. Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) have asked the dealers to arrange the display ahead...
More »Minimum support price: Unkept promises on cost mitigation, bad formula to determine MSP compound farm woes -Angarika Gogoi
-Firstpost.com Farmers across India are sceptical about the promised benefits of the minimum support price (MSP) promised by the government for their kharif crop. In a press release, the government announced that the MSP would be set at 50 percent over the cost of production and vowed to double farmers’ incomes by 2022. As Amrinder Singh Punia, a farmer and general secretary of the Punjab Agricultural University Kisan Club, points out, “Government...
More »Modi govt's ad spend could feed 46 million children mid-day meal for a year -Shreya Raman
-Business Standard/ India Spend The BJP-led government spent Rs 4,880 crore ($753.99 million) on advertising its flagship schemes in the 52 months between April 2014 and July 2018 mumbai: Midday meals for 45.7 million children for a year. One day’s wages for 200 million workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS). About 6 million new latrines. And at least 10 more Mars missions. These were some of the things...
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