-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...
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500 cr, 120 cr, 100 cr penalty... Govt moves against 33 pvt hospitals -Pritha Chatterjee
-The Indian Express New Delhi: At least 33 private hospitals in Delhi have been sent letters for recovery of retrospective penalty - from the time land was allotted to them - for not meeting norms related to free treatment of the economically weaker section and for amassing "unwarranted profits". The letters have been sent by the Delhi government which hopes to recover more than Rs 1,500 crore in penalty from these hospitals....
More »Underweight and Stunted Children: The Indian Paradox -R Nithya
-Newsclick.in Recent studies have shown that even as India fares better than many developing regions of the world on several indicators of growth and development such as GDP, per capita, Purchasing Power Parity (PPP), literacy, life expectancy, etc., the number of malnourished children in India is significantly high. What explains this paradox? The Union Cabinet recently approved a multi-sectoral nutritional programme proposed by the Ministry of Women and Child Development to reduce...
More »Punch in recipient's Aadhaar number to transfer funds
-The Economic Times MUMBAI: Bank account holders can now send money to any individual through mobile banking by merely entering the recipient's Aadhaar number. National Payments Corporation of India, which launched Aadhaar-based remittances on Wednesday, sees its use in micro-payments such as taxi fares and small purchases. The transfers can be done using the most basic phones through SMS for small amounts or through mobile banking apps for amounts over Rs...
More »Debate on Aadhaar: Supreme Court should not make us rethink-Varad Pande
-The Economic Times A recent Supreme Court interim order has reopened the debate on Aadhaar. We need to understand the implications of the order and reassess the "why" and "what" of Aadhaar. The order says that no service should be denied to a person who doesn't have Aadhaar. This is a fair observation. Aadhaar has always intended to be an instrument of inclusion, not exclusion. The Unique Identification Authority of India, which...
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