-The Financial Express A whopping 60% Indians said that black money in the country has not died; in fact, its circulation is going to only INCrease before the 2019 General Elections, a survey by LocalCircles showed. Two years of demonetisation: Two years ago, when 125 crore Indians glued to their television screens desperately awaiting a surprise address by the Prime Minister of India, little did they know that he was going to...
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No 'less cash' two years post note ban
-The Hindu Cash in circulation and ATM withdrawals have only INCreased, RBI data shows Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and ?500 currency notes would no longer be legal tender. These notes constituted over 86% of the currency in circulation, then. One of the objectives of demonetisation was to move to a...
More »Protecting against polio -R Prasad
-The Hindu Why the inactivated polio vaccine is essential for India With wild polio virus strains reduced by 99.9% sINCe 1988, the world is INChing towards eradicating polio. But unfortunately, more children today are affected by the live, weakened virus contained in the oral polio vaccine (OPV) that is meant to protect them. The weakened virus in the vaccine can circulate in the environment, occasionally turn neurovirulent and cause vaccine-derived poliovirus (VDPV)...
More »Poverty in all its faces -C Rangarajan & S Mahendra Dev
-The Indian Express Growth can alleviate poverty but its definition needs to expand to make any tangible difference on the ground. Amidst the din caused by the story of rising billionaires, the message on India’s poverty decline in the recent report of the Oxford Poverty and Human Development Initiative has been lost. UNDP and Oxford University released the report on Global Multidimensional Poverty Index (MPI) 2018. This report covers 105 countries. The...
More »Rajan backs Urjit on differences with Centre, says RBI board role worrisome, shouldn't intervene in ops
-The Times of India MUMBAI: Embattled RBI governor Urjit Patel’s predecessor Raghuram Rajan has come out in support of professionals leading the central bank, stating the regulator’s board should only ensure governance, not intervene in operational decisions. “The RBI’s board is not an operational board. It is not led by professional supervisors or central bankers. These are all people from different walks of life whose main role is to play the wise...
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