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CAG protests refusal of access to GSTN data -Pradeep Thakur

-The Times of India NEW delhi: The Comptroller and Auditor General (CAG) has protested with the finance ministry against the Goods and Services Tax Network (GSTN), a special purpose vehicle majority owned by private companies, refusing to give access to taxpayers data on its network for scrutiny and audit. The GSTN is a private limited company floated to aid the rollout of the new indirect tax regime. The company will provide information...

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Why Are Banks Deducting Money From Farmers' Accounts Without Permission? -Nitika Kakkar and Deepak Vaishnav

-TheWire.in Banks are deducting ‘crop insurance premiums’ from farmers’ current accounts without their knowledge. In the Bhivani district of Haryana, a 49-year-old farmer, Bansi Lal, complained that Rs 2,480 was deducted from an account that was linked to his Kissan Credit Card (KCC), without his knowledge. Upon enquiry, the bank informed him that the money was deducted under the Pradhan Mantri Fasal Bima Yojna (PMFBY). But when he told the bank that...

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Core sector growth slips to over 1-yr low of 1% in Feb

-PTI Crude oil and natural gas contract; the previous low of 0.9% was recorded in December 2015 New delhi: The growth of eight core sectors slipped to over one-year low of 1% in February mainly due to decline in output of crude oil, natural gas, refinery products, fertilisers and cement. The growth rate of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity was 9.4% in...

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Loan waiver leaves Indian farmers trapped in deadly debt spiral -Bibhudatta Pradhan & Pratik Parija

-Livemint.com Narendra Modi’s election promise in Uttar Pradesh comes back to haunt as other states demand the Union govt offer an agriculture bailout package across the country New delhi: An election promise to farmers in the politically sensitive state of Uttar Pradesh is coming back to haunt Prime Minister Narendra Modi, as other states demand the Union government offer an agriculture bailout package across the country. During the hard-fought election campaign, Modi pledged...

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IMD trains states to deal with heatwaves as temperatures rise -Prerna Kapoor

-Livemint.com India Meteorological Department (IMD) is training state governments to counter persistent heatwaves, anticipating a structural shift in India’s weather conditions New delhi: Anticipating a structural shift in the country’s weather, the India Meteorological Department (IMD) is training state governments to improve their mitigation preparedness to cope with the persistent heatwaves. IMD has tied up with state disaster management commissioners and health secretaries to formulate plans in the face of large casualties from...

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