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Supreme Court questions govt's delay in interest waiver

"Common persons'&nbsp;Diwali is in the government's hand now," the Supreme Court said,&nbsp;asking the centre to implement the interest waiver scheme at the earliest

Rejecting to grant a month's time, the Supreme Court on Wednesday asked the central government to implement the interest waiver scheme at the earliest.
The apex court also told the Solicitor General that common persons'&nbsp;Diwali is in the government's hand now.
The centre had agreed to waive compounded interest for loans up to ₹2 crore&nbsp;for the six-month moratorium period.
The bench listed the case on November 2 and said that they expect the government to come back with an appropriate decision.
&nbsp;

Rejecting to grant a month's time, the Supreme Court on Wednesday asked the central government to implement the interest waiver scheme at the earliest.
The apex court also told the Solicitor General that common persons'&nbsp;Diwali is in the government's hand now.
The centre had agreed to waive compounded interest for loans up to ₹2 crore&nbsp;for the six-month moratorium period.
The bench listed the case on November 2 and said that they expect the government to come back with an appropriate decision.

Compound interest waiver: SC questions Centre's affidavit

The Supreme Court on Monday adjourned its hearing on the issue of waiving compound interest on repayment of loans up to Rs 2 crore. The apex court said several issues are not addressed in the Centre's plan on waiving compound interest on loan repayments. SC has given one&nbsp;week to all stakeholders to reply to Centre's affidavit. The case has now been listed for next hearing on October 13.
On Friday, the Center told the top court that it would waive the compound interest component on small businesses and some other loans related to education and housing, and credit card dues to help borrowers. A group of petitioners had sought a waiver of interest on deferred EMIs, or interest on interest during the six-month moratorium period.
Apex body of private real estate developers, CREDAI&rsquo;s counsel Kapil Sibal sought a few days to reply to the government's affidavit explaining its stance, adding that a lot of government&rsquo;s facts and figure are without any basis.

SC on waiving of compound interest: Centre's affidavit questioned

Compound interest waiver: SC adjourned case, next hearing on Oct 13
SC gives stakeholders 1 week to respond to centre's affidavit
Apex court questions govt's&nbsp;affidavit
SC: several issues are not addressed in the Centre's plan
&nbsp;

The Supreme Court on Monday adjourned its hearing on the issue of waiving compound interest on repayment of loans up to Rs 2 crore. The apex court said several issues are not addressed in the Centre's plan on waiving compound interest on loan repayments. SC has given one&nbsp;week to all stakeholders to reply to Centre's affidavit. The case has now been listed for next hearing on October 13.
Apex body of private real estate developers, CREDAI&rsquo;s counsel Kapil Sibal sought a few days to reply to the government's affidavit explaining its stance, adding that a lot of government&rsquo;s facts and figure are without any basis.
On Friday, the Center told the top court that it would waive the compound interest component to help borrowers. A group of petitioners had sought a waiver of interest on deferred EMIs, or interest on interest during the six-month moratorium period.
&nbsp;

Pak to open schools, colleges as Covid-19 situation improves

Pakistan is all set to reopen educational institutions from mid-September after a six-month hiatus with the steady improvement in the Covid-19 situation in the country, which recorded just one death due to the disease in the last 24 hours

With the steady improvement in the Covid-19 situation in the country, Pakistan is all set to reopen educational institutions from mid-September after a six-month hiatus. Education institutions are closed from March 16 due to the coronavirus. Only one death due to the viral infection has been reported overnight in Pakistan, and the death toll now stands at 6,284. The coronavirus tally reached 295,372 with the detection of 319 new cases in the last 24 hours.&nbsp;

PTI,&nbsp;Islamabad: Pakistan is all set to reopen educational institutions from mid-September after a six-month hiatus with the steady improvement in the COVID-19 situation in the country, which recorded just one death due to the disease in the last 24 hours, officials said on Saturday.
Education institutions are closed from March 16 due to the coronavirus.
Only one death due to the viral infection has been reported overnight, the health ministry said, adding that the death toll now stands at 6,284.
The coronavirus tally reached 295,372 with the detection of 319 new cases in the last 24 hours, it said.
Sindh reported the maximum number of 129,179 cases, followed by Punjab at 96,699, Khyber-Pakhtunkhwa at 35,971, Islamabad at 15,597, Balochistan at 12,804, Gilgit-Baltistan at 2,832 and Pakistan-occupied Kashmir (PoK) at 2,290. Meanwhile, Prime Minister Imran Khan on Friday said educational institutions will reopen from September 15 and the provinces have been told to make arrangements accordingly.
Khan chaired a meeting of the National Coordination Committee (NCC), the apex body to take key decisions related to COVID-19. The meeting reviewed the overall situation and expressed satisfaction, according to an official statement.
Among other things, the meeting discussed reopening of educational institutions.
Prime Minister Khan reiterated that it was time to restart educational activities but another high-level meeting will be held on September 7 to take the final decision, the statement said.
Initially high schools, colleges and universities will be reopened, officials said, adding that primary and kindergarten-level schools will not be opened in the initial phase.&nbsp;

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