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EC requests RBI to allow higher withdrawals for poll candidates

-The Times of India NEW delhi: In a relief to candidates contesting the upcoming assembly polls, the EC on Wednesday requested RBI to hike the weekly limit for withdrawals from their poll expenditure accounts to Rs 2 lakh from Rs 24,000 imposed for all in view of the demonetisation. Stating that it had been apprised about the problems being faced by candidates due to imposition of limits on withdrawal of cash from...

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Congress got 83% of funds from unknown donors, BJP 65%

-The Times of India NEW delhi: In the eleven years between 2004-05 and 2014-15, political parties of all colours, including ones which swore by transparency, got contributions worth more than $1 billion (Rs 6,800 crore) from unknown sources, a study by an independent think tank says. The historic financial `performance' of these parties which raked in more than Rs 11,000 crore in total income (this includes the Rs 6,800 crore) during this...

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Stakeholders Need to Work Together to Improve RTI Implementation, Says Study -Gaurav Vivek Bhatnagar

-TheWire.in A report from several civil society actors has found that the Right to Information Act is not functioning as it should be. New delhi: Two organisations working in the field of right to information assessment and advocacy and a publishing house have come together to bring out ‘Tilting the Balance of Power: Adjudicating the RTI Act for the Oppressed and the Marginalised’, which is a detailed analysis of the orders of...

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Modi govt went ahead with demonetisation despite RBI concerns: report -Rajesh Kumar Singh and Suvashree Choudhury

-Livemint.com RBI’s testimony to parliamentary panel shows the bank had warned the government of possible inconvenience to the public for some time New delhi/ Mumbai: India pushed ahead with its decision to demonetise high-value banknotes even as the Reserve Bank of India’s (RBI) own board expressed concern whether the cash could be replaced quickly enough, the central bank has said in written testimony to parliament. The revelation comes amid growing criticism about whether...

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Note ban has caused loss of Rs 20,000-50,000 per acre, claims famers' union

-IANS New delhi: India’s cash-driven agri sector continues to reel under the effects of demonetisation, with farmers growing fruits and vegetables suffering “huge losses”, say farm leaders who want the Union budget to “compensate” them for these losses. Amid reports of farmers dumping or refusing to harvest crops like tomatoes and peas due to a crash in prices as traders did not have the cash to purchase the produce, farmer leader Ajay...

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