A committee on digitalisation headed by Andhra Pradesh Chief Minister Chandrababu Naidu had in an interim report recommended taxing cash transactions of at least Rs 50,000 to promote digital payments.
NITI Aayog wants the prime minister's flagship initiative should focus on labour-intensive sectors and policies that impede their growth to get special attention.
A projected drop in production in the 2016-17 sugar season (October-September) has kept domestic prices firm, reflecting in improved profitability and stock prices of companies.
When Nitin Gadkari took charge as Road Transport and Highways Minister in 2014, he had set a target of constructing 40 km a day in two years. But construction at this point is a mere 16 km a day. Megha Manchanda on what ails the road sector.
Road ministry identified bike-sharing, carpooling and e-rickshaws as ways to deal with rising pollution in major cities.
Almost 3.3 million houses awaiting completion under the IAY will be built by the end of 2016-17.
Most public sector banks, flush with deposits now, offer 3-4% interest on savings deposits, while a few private sector banks go up to 6%.
Aayog feels expansion of the lowest base will enable more people to pay taxes.
'The service charge is given to the employees as a part of their salary. Now, employees have been calling to negotiate their salaries to balance the loss that they will face personally. In which case, we won't be able to retain some of them.'
As many as 4,291 farmers in Maharashtra killed themselves in 2015 topping the list of states with the highest number of suicides in the farm sector followed by Karnataka (1,559), Telangana (1,400), Madhya Pradesh (1,290), Chhattisgarh (954), and Andhra Pradesh (916).
Sops for middle class, poor and farmers on cards.
As FIIs pull out of road projects, doubts have surfaced about the future of new highways and roads
IDS-2 and raids to uncover black money stash keep receipts flowing
Eco affairs secretary says double counting possible; cash availability to improve in three weeks.
Cash withdrawal limits likely to continue
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
Through this mobile application, the handset will be used for authenticating biometrics of customers making Aadhaar enabled payment.
Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them.
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