New Delhi: In a move to make deeper inroads in the country, digital payments company Paytm on Thursday announced to push cashback from peer-to-peer UPI transactions to offline merchant payments at retail kirana stores. The company is targeting to partner with over 20 million retail kirana stores, enabling them to accept all digital payment modes including UPI, wallet and cards. “Paytm will invest money in offline merchant expansion instead of driving incentive led P2P transactions. Our offline merchants create high-frequency usage and an important use-case for Paytm consumers,” said Deepak Abbot, Senior Vice President, Paytm. Also Read – Maruti cuts production for 8th straight month in Sep UPI P2P payments are often done by users to gain some extra money. On Paytm, the UPI users are already the ones who have been using a large host of Paytm services for long and don’t require cashbacks to make payments. “To further help merchants get better access to capital and provide more financial security Paytm will invest on lending and insurance, rather than on P2P payments,” the company said in a statement. Through its payment ecosystem, Paytm has already created a network effect with over 5 billion transactions in 2018-19. It also claims to have 12 million merchant partners accepting payments through Paytm QR, which accepts all digital payment instruments such as UPI, wallets, cards and netbanking.
California residents will soon have to reduce their water usage by 25 percent, according to a plan proposed by Gov. Jerry Brown at the first meeting of “The California Conversation” series held last Tuesday at Town & Gown. The discussion was hosted by L.A. Times publisher and C.E.O., Austin Beutner.The new plan would impose heavy taxes on citizens who use too much water during the crisis.“You’re going to see it in your water bills,” Brown said.The plan was proposed after several years of inadequate rainfall that forced California to deplete many of its river sites, including the Colorado River. Replacement sites have been difficult to locate.“Most good river sites have been built,” Brown said. “[We] depend on snow melt and mother nature.”Compounding the difficulties that California faces with the drought, Brown spoke broadly about the global warming crisis and its catastrophic effects on the world’s increasing temperature and changing currents.“This is a crisis,” Brown said. “This is not a political problem. This is not Democrats or Republicans. This is about humans.”California’s population over the last 50 years has boomed to the point that now 39 million people reside within the state. Brown noted this as another potential complication for the ongoing water crisis.“We haven’t grown slowly,” Brown said. “We have not had time to reflect. We are part of a complex way of life.”Brown urged the public to start using water wisely and more efficiently in their daily lives. At the same time, Brown noted that the government would begin implementing changes in both the residential and agricultural sectors to encourage water efficiency.“We need as many changes as we can,” Brown said. “We need to adapt to whatever environment that we’re in.”One of the changes that residential Californians would face in the coming years includes a conversion of grass lawns to eco-friendly ones that would lead to a 3 percent decrease in water use.“We need to adjust humankind,” Brown said. “Animals change to be on nature’s side, and we will have to learn to do the same.”Brown also talked about the long-term plans of his office to decrease the amount of water and pollution that California creates. Decreasing cars on the road by 50 percent and creating a 50 percent increase in renewable energy were some of the major changes he presented. Last week, state regulators announced historic cuts to farmers and others taking water from the Sacramento, San Joaquin and delta watersheds.Technology played a large role in the discussion as Brown spoke about many of the projects that were currently underway to increase water efficiency as well as future hope for new research discoveries.One current project is the Bay Delta Conservation Plan — a $25 billion venture that would divert water from the Sacramento River into the California Aqueduct.This project comes in addition to the Central Valley Water Project that also diverts water from northern California in addition to providing dams and reservoirs in the southern California area.In addition to the major projects instituted by the California state government, local water districts are also coming up with their own small-scale solutions to the water crisis. Brown suggested companies design streets around an aqueduct so rainwater would easily drain into it.Despite acknowledging some advancements on the horizon, Brown remained pessimistic about the current state of technology in terms of the water.“There are not a lot of new ideas right now,” he said.In addition to speaking about the crisis, Brown also took questions the public submitted to the L.A. Times for the event. The first question came from a citizen who denounced the bullet train project as a waste of water and resources during a time of crisis. Brown stood by the project, however, claiming that it would be beneficial for the environment and create an energy-efficient means of travel.“The roads are too crowded,” Brown said. “Trains can decrease car use.”The second letter came from an elderly couple who believed that the new policy would create considerable strain to their already tight water budget. Brown stood by his policy as a “work in progress.”“We can use water efficiently,” Brown said. “We’re going to stay the course and adjust if necessary.”In his final words, Brown remained hopeful about southern California’s ability to adapt and change during the crisis.“Water is more important than the economy. It’s more fundamental,” Brown said. “We got a lot to learn about adaptation and innovation. I’m confident we can be successful.”
But our Government does not have money to provide tiny flats for constables who are required to live in thatched huts and asbestos cabins in slums and shanties. National and commercial banks tying up with district cooperative banks can provide greater access to farmers.
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New Delhi: The Rajya Sabha was adjourned for the third time till 3 PM on Wednesday amid uproar by opposition Congress members over the Karnataka crisis. The Upper House was adjourned till 3 PM barely five minutes after it reconvened at 2 PM following two adjournments in the pre-lunch period. As soon as the Rajya Sabha reconvened at 2 PM, Deputy Leader of Opposition Anand Sharma sought to raise the issue of developments in Karnataka crisis. Also Read – IAF Day: Tributes paid to soldiers killed in line of duty in Jammu However, Deputy Chairman Harivansh said he cannot allow a discussion on any other issue except on the Budget, and told Congress leader P Chidambaram to speak on the Budget. As protests and sloganeering from Congress members continued in the Well of the House, Parliamentary Affairs Minister Pralhad Joshi said if Rajya Sabha was not allowed to function it will be “inevitable” to extend Parliament session beyond July 26 so that all business can be completed. Also Read – ED can withhold names of tax evaders in Panama Papers: CIC “Let them (Congress) say whatever they want on the Karnataka issue or any other state issue but let them allow the business to continue and let them allow the Budget discussion to continue. “After that we have many Bills, otherwise it will be inevitable to extend Parliament beyond July 26. I appeal to them earnestly to allow the Budget discussion,” Joshi said. He said Karnataka’s minister DK Shivakumar was not allowed to enter the hotel in Mumbai where Congress MLAs are lodged, as they have alleged that there is a threat to their life from him and have sought police protection. “They are there in Mumbai and they have given complaint to the police commissioner of Mumbai not to allow Shivakumar. It is none of our business,” he said. Harivansh again appealed to Chidambaram to speak on the Budget and said he cannot allow discussion on any other issue. However, when the former Finance Minister did not get up to speak, Harivansh told former Commerce Minister Suresh Prabhu to address the issue. Prabhu began speaking on the Budget but as the uproar in the House continued, Deputy Chairman Harivansh was forced to adjourn the Rajya Sabha till 3 PM. Earlier the House saw two adjournments in the pre-lunch period that saw washing out of the Zero Hour and the Question Hour. This is the second day in a row during the current session of Parliament that the Rajya Sabha failed to transact any business. Congress members were up on their feet as soon as listed papers were laid and obituary reference was made, but a stern message from Chairman M Venkaiah Naidu made them retreat. Soon thereafter Congress members stormed into the well of the House, forcing Naidu to adjourn proceedings till noon. When the House met at noon for Question Hour, Congress members were again on their feet. Chairman Naidu urged members to allow the Question Hour to function and asked them to take their seats. As his pleas went unheeded, he adjourned the House in the wake of continued din created by Congress members. “This is not the way. The Question Hour is very important. So much money has been spent on this. The entire country is watching us,” the Chairman said, as he urged members creating the din to allow the House to function. Congress member Anand Sharma sought to raise a point but the chairman disallowed him. Seeing the Congress members trooping into the well and continuing to create din, Naidu adjourned the House till 2 PM, within a minute of the house assembling. Earlier at the start of proceedings, Naidu said he has not admitted notices by Congress members including Kapil Sibal under rule 267 seeking suspension of rules to take up their issue. “Let us not put democracy in danger,” he told agitated Congress members. As they continued to protest, he said, “You don’t want to allow democracy to function here?” This prompted members to take their seat and the House took up Zero Hour where submissions of urgent public important are taken up. Barely had four members made their Zero Hour submission when Congress members were up on their feet again, seemingly bolstered by the presence of their deputy leader Anand Sharma. Sharma, who was not present in the House at the start of the proceedings, sought to raise the 267 notice given by his party colleagues but Naidu said the ruling of the chair is final. “If any member has any problem, he can come and see me (later),” he said. As Congress members moved into the well of the House shouting slogans, Naidu said, “You are taking of defections, have affection for this House.” “Horse trading band karo (Stop horse trading of MLAs),” Congress members shouted from the well as Naidu ordered that nothing they say would go on record. “Please allow democracy to function,” he pleaded. “I cannot allow this in House.” “What is defection (and) affection) is for the Speaker (of the State Assembly) to decide,” he said before adjourning the proceedings. The year-old Congress-Janata Dal (S) coalition government in Karnataka is on the brink of collapse after a spate of resignations by MLAs. The Karnataka Assembly has 225 members, including one nominated MLA. The halfway mark in the 225-member Assembly is 113. Naidu said the ruling of the chair is final and this is what was followed during previous Chairmen as well. As Congress members shouted slogans against the BJP, Naidu said he has in the past expunged references to the ruling party, Congress, Left and others when they were objected to. Bhupender Yadav of the BJP said only matters related to the Government of India can be raised in the Rajya Sabha. How can indiscipline in the Congress be allowed to be raised in the House, he said. Earlier, when the House met for the day, it mourned the death of its former member R Ramakrishnan. Ramakrishnan, who represented Tamil Nadu in the Upper House from June 1980 to June 1986, passed away on July 7 at the age of 73.