ECONOMY
Surjit Bhalla resigns from PM’s Economic Advisory Council
10.12.18 - Team PT

Economist Surjit S. Bhalla has resigned from his position as the part-time Member of the Economic Advisory Council to the Prime Minister. Government sources said Prime Minister Narendra Modi has accepted Bhalla’s resignation which takes effect from December 1. 

 "I resigned as part-time member PMEAC on ...
  


Urjit Patel resigns as the RBI Governor
10.12.18 - Team PT

Reserve Bank of India Governor Urjit Patel has resigned. Patel said he was resigning on account of personal reasons. 

There has been speculation of his resignation after deputy governor Viral Acharya's speech last month that sought to defend the autonomy of the RBI and the subsequent ...
  


One Time Settlement policy for defaulter entrepreneurs of Punjab
03.12.18 - Team PT

The Captain Amarinder Singh led Punjab Cabinet on Monday approved a One Time Settlement (OTS) Policy to give entrepreneurs of promoted and loanee companies the last chance to settle their dues with PSIDC and PFC, with the condition that no such OTS opportunity would be ...
  


Burning issue of stubble burning in Punjab and Haryana
21.10.18 - VIPIN PUBBY

WITH THE END of monsoon and advent of winter in sight, the problem of thick smog over large parts of north India is expected to come back to haunt the residents. The intense smog caused by a variety of reasons may vary by only a ...
  


Petrol, diesel prices to reduce as Centre cuts excise duty
MAJOR RELIEF:
04.10.18 - TEAM PT

AFTER SO MUCH hue and cry in public about Petrol prices, Finance minister Arun Jaitely today has finally announced a Rs 2.5 cut in per litre price of diesel and petrol and has also asked the state governments to announce a matching reduction too. He again ...
  


Modi's top officer got gold, silver, iPhone as gifts from unknown people, minister says no need for an inquiry
KAUN KAMBAKHT SONA, CHANDI DE GAYA?
01.08.18 - PT BUREAU

Punjab Today thinks government should inquire so that officer can say thank you to the benefactor! It’s good manners.

New Delhi: Someone was so worried about the financial condition of Union finance secretary Hasmukh Adhia, one of India's top bureaucrats responsible for its economy, that he/she ...
  


Lok Sabha passes Bill for quick prosecution in cheque bounce cases
25.07.18 - TEAM PT

The Lok Sabha passed the Negotiable Instruments (Amendment) Bill that allows a court hearing a cheque bounce case to direct the drawer — the person who wrote the cheque — to pay interim compensation to the person who filed the complaint.

The interim compensation, to be ...
  


Explosive book on medical practices & healthcare paints a grim picture
DOCTOR, DOCTOR, YOU ARE CORRUPT.
19.07.18 - Anita Pathania

Oxford University Press book tells horrific tales of doctors and hospitals looting patients

Features Amartya Sen’s hard-hitting foreword, it builds on the 2014 BMJ article
 
SOME OF INDIA's most senior doctors, bureaucrats, journalists, sociologists and others have bared the ugly reality of predator-doctors looting patients across the ...
  


Rising Fuel Prices, Growing Discontent
CASH COW HURTING ECONOMY?
11.06.18 - VIPIN PUBBY*

AFTER A CONTINUOUS and steep rise in the price of petroleum products over a period of a fortnight, the goof up on one paise reduction in the rate of petrol led to a flurry of jokes on the social media and huge embarrassment for the ...
  


More than 2.25 lakh companies may be struck off
CRACKDOWN ON SHELL FIRMS
08.06.18 - TEAM PT

Continuing its drive against shell companies, the government-appointed task force has identified nearly 2.25 lakh shell firms which will be removed from the register of companies in the current financial year. 
 
The Ministry of Corporate Affairs (MCA) has already struck off over 2.26 lakh companies for ...
  


P Sainath calls for gherao of Parliament by a million farmers
INTELLECTUAL ON REVOLUTION PATH
04.05.18 - kanwar manjit singh

Top Indian journalist says farmers and agri-labourers must force a 20-day long Parliament session exclusively devoted to agrarian crisis
 
In what could be nothing less than a call for a peaceful democratic revolution, India's foremost journalist chronicler of rural economy, P Sainath, gave a ...
  


India collects Rs 7.41 trillion from GST in 2017-18
27.04.18 - Team PT

GOVERNMENT OF INDIA collected Rs 7.41 trillion in taxes in the first year of the Goods and Services Tax (GST).

The government had last reported a GST collection of Rs 7.17 trillion for the first eight months since the new tax regime that subsumed 17 central ...
  


Debt-ridden farmers can earn big money by making asthma patients smell honeybee, or making you listen to “bee music”
OUT-OF-BOX SOLUTION TO STOP FARMERS' SUICIDES
06.04.18 - S Pal

THIS WAS THE most serious move the Punjab Government made to analyse reasons behind farm suicides in the state and suggest ways to ensure no farmer or agricultural labourer opts to end his life because of agrarian distress: Chief Minister Amarinder Singh proposed, and the ...
  


Assembly panel finds farmers not paid ACP share since 1981, then stays mum about it
REPORT OF PUNJAB VIDHAN SABHA COMMITTEE TO HELP SUICIDE-AFFECTED FAMILIES
04.04.18 - S Pal

IN A RATHER bizarre case of becoming aware about a blatant case of injustice and then deciding to do nothing about it, the Punjab Vidhan Sabha Committee, tasked with ameliorating the lot of suicide-affected families, made a shocking revelation that the sugarcane farmers of Punjab ...
  


‘Thorri bahuti ehna nu sharam auni chaheedi hai’
PUNJAB VIDHAN SABHA COMMITTEE REPORT -
03.04.18 - S Pal

Assembly’s MLAs panel on suicide-hit families exposes own ignorance, disconnect 
 
 
IN RANGRIAL, at the centre of Ground Zero of farm suicides in Punjab, everyone knows Harpreet Singh's family made a mistake. Harpreet (30) committed suicide on August 7, 2017. Constable Gagandeep Singh, Belt Number 1481, brought ...
  


THEIR FROZEN TURBULENCE - Income freeze makes farmers’ harvest bitter
02.04.18 - Devinder Sharma

IT IS OFFICIAL. For almost a decade now, farmer’s real income stands frozen. Yes, you heard it right, frozen. A Niti Aayog paper has worked out that the real income of a cultivator has increased barely by 0.44 per cent every year over a five ...
  


Debt-conscious millennials ditch credit cards, threaten industry
06.03.18 - LISA FU*

Millennials have been accused of disrupting many industries, from newspapers to brick-and-mortar stores. Credit cards appear to be next in line.

Just one out of three millennials carries plastic, according to a Bankrate.com survey, compared to the majority of older Americans. In addition, a Fed survey ...
  


PNB scam fallout: Cabinet okays Fugitive Economic Offenders Bill
WILL DETER ECONOMIC OFFENDERS FROM FLEEING THE COUNTRY
01.03.18 - TEAM PT

Facing criticism from opposition for not being able to stop the PNB fraud accused Nirav Modi from escaping the country, the Cabinet on Thursday approved the Fugitive Economic Offenders Bill that enables confiscation of assets without conviction in cases where economic offenders flee the country.
 
The ...
  


Health, Budget & Politics - Why NHPS is doomed to fail, & what sick India really needs
JAITLEY'S SICK PLAN
10.02.18 - DR. PYARA LAL GARG

WE ALL KNOW that any democratically elected Governments are supposed to provide health and curative services to their populace by state funding. However in India, health care is still not with in the reach of major sections of the society, particularly the most marginalised ones. ...
  


Indian Railways announces 62,907 vacancies: Check how to apply, eligibility
REGISTRATIONS STARTED
10.02.18 - TEAM PT

Railway Recruitment Board, RRB has invited applications for filling up 62,907 vacancies in the railways under Group D via its Centralized Employment Notification, CEN 02/2018. The registration for the railways Group D positions would start from today, February 10, 2018 and close on March 12, ...
  



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