Supreme Court of India

Announcement of freebies by political parties will lead to economic disaster: Centre to SC

The Centre on Wednesday told the Supreme Court that freebies promised by political parties before polls is an "economic disaster". The apex court suggested an expert body comprising representatives of Niti Ayog, Finance Commission, RBI, political parties and other stakeholders, should examine the pros and cons of freebies, while acknowledging that it is a serious issue. Aug 3, 2022
rupee

Daily wage earner becomes 'billionaire' for few hours

Bihari Lal (45) a daily wage labourer who works at a brick kiln unit in Rajasthan, withdrew Rs 100 from his Jan Dhan account in Bank of India from a Jan Seva Kendra in his village. Minutes later, he received an SMS that showed a balance of Rs 2,700 crore in his account. Aug 3, 2022