-The Hindu Thiruvananthapuram (Kerala): The government is considering a proposal to exempt stamp duty on agricultural loans issued by commercial banks. Finance Minister K.M. Mani told a meeting of the State Level Bankers Committee (SLBC) here on Monday that a decision on the issue would be taken soon after assessing the financial implications. Pointing to the substantial share of commercial banks in primary sector credit, the last meeting of the SLBC had...
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Anu Aga's lone dissent note on excluding political parties from RTI-Kavita Chowdhury
-The Business Standard Says she considers political parties to be public authorities because they get substantive financial funding from the government of India While a parliamentary Standing committee today supported the move to keep political parties outside the ambit of the Right to Information (RTI) Act, committee member Anu Aga, (former chairperson of Thermax Ltd) was the lone voice of dissent on the 29 member panel. Aga who is a nominated member...
More »No rethink on subsidised LPG: Moily
-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...
More »The focus is now on the fiscal deficit -Renu Kohli
-Live Mint The big question is whether commitment made by Chidambaram-to contain fiscal deficit at 4.8% of GDP-will be met With the current account deficit in check, the spotlight is now on the second major macroeconomic problem that needs to be fixed: the fiscal deficit. The big question is whether commitment made by finance minister P. Chidambaram in the budget-to contain the fiscal deficit at 4.8% of gross domestic product (GDP)-will be...
More »Risky Behaviors Constitute Growing Threats to Global Health
-The World Bank Policy Interventions Can Turn the Tide, Says World Bank Report WASHINGTON: A new World Bank report warns that risky behaviors -smoking, using illicit drugs, alcohol abuse, unhealthy diets, and unsafe sex- are increasing globally and pose a growing threat to the health of individuals, particularly in developing countries. The report looks at how individual choices that lead to these behaviors are formed and reviews the effectiveness of interventions...
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