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Need to eliminate distrust within private sector, 'extraordinary' steps needed: NITI Aayog on slowdown

-The Indian Express Explaining the origins of the present economic situation, the Niti Aayog vice-chairman said: "The entire episode started with indiscriminate lending during 2009-14 leading rise in non-performing assets (NPAs) post-2014." The Centre’s policy think tank Niti Aayog stated Thursday that the prevalent slowdown in the country’s economy is due to the distrust amongst the private sector where the credit situation is stagnant. “Nobody is trusting anybody else… within the...

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NYAY: No bridge between two Indias -R Ramakumar

-Frontline.in A closer look at the Congress party’s proposed income transfer scheme. “Two Indias are being created. One of the rich and the other of the poor… we are going to bridge these two Indias. And we are going to make sure that this one India that is formed has opportunity for all…. The idea is that you take the India of opportunity, you grow that India. Then you take some of...

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Rahul Gandhi reveals Rs 15cr worth of assets, Rs 1cr income in FY18 -Rajiv G

-The Times of India THIRUVANANTHAPURAM: AICC president Rahul Gandhi owns assets worth Rs 14.85 crore. This is Rs 4.85 crore more than what he had declared during the 2014 Lok Sabha elections. In 2014 he had declared assets worth Rs 10 crore. In the affidavit filed before the Wayanad district collector on Thursday along with the nomination, Rahul Gandhi has declared that he has movable assets worth Rs 5,80,58,799 and immovable assets...

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Repeat MPs' assets rose 142% -Devesh K Pandey

-The Hindu Financial details of 153 sitting MPs analysed by ADR-National Election Watch The average Financial Assets of 153 re-elected Lok Sabha MPs grew by 142%, from ?5.5 crore in 2009 to ?13.32 crore in 2014, according to an analysis by National Election Watch and the Association for Democratic Reforms. E. T. Mohammed Basheer of the IUML declared the highest jump of 2,018% (an almost 22-fold surge), followed by the TMC’s Sisir...

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MGNREGA Workers Not Paid for Months, FIRs to be Lodged Against PM Modi - Tarique Anwar

-Newsclick.in The additional funds of Rs 6,084 crore released recently will go into clearing the backlog of pending liabilities. Contrary to the claims of highest ever allocation to the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the social security scheme that aims to guarantee the right to work is facing severe fund crisis – with state governments left with no funds to pay workers. From October 2018 to February 1, no...

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