-Hindustan Times Raghuram Rajan makes the disclosure in his latest book -- I do what I do – which is a compilation of speeches he delivered on a wide range of issues as the RBI governor. Former RBI governor Raghuram Rajan has revealed that he did not favour demonetisation as he felt the short term economic costs associated with such a disruptive decision would outweigh any longer term benefits from it. Rajan...
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BJP MPs stall panel report flaying demonetisation
-The Times of India NEW DELHI: The parliamentary standing committee on finance failed on Tuesday to adopt two reports critical of the government — on demonetisation and on the revised formula for calculating growth — in the face of vocal opposition by BJP and some non-NDA parties. The report on demonetisation, circulated in the morning ahead of the committee meeting, said the measure had cost the economy 1% of GDP. The other...
More »Why are over 10 lakh ASHAs and USHAs across the country angry? -Subodh Varma
-The Times of India Over a million Ashas and Ushas across the country are restive and angry, but nobody is listening to them. Accredited Social Health Activist (ASHA) and its urban counterpart known as USHA, are the business end of the gigantic public health apparatus run by the central and state governments. They are in every village, they visit every home, know every mother, every child, and they are the first 'port...
More »RTI may now face privacy hurdle -Rumu Banerjee
-The Times of India NEW DELHI: The Supreme Court ruling on right to privacy being a fundamental right could lead to an uncertain impact on right to information as some activists and experts are warning that the order could leave RTI facing new challenges. Former chief information commissioner A N Tiwari said, "Privacy has been addressed by the RTI Act, under sections 8(1)(j) and Section 11. However, the fact is that there...
More »Centre approves the merger, consolidation of public sector banks
-Scroll.in Principal Economic Advisor Sanjeev Sanyal said the government wants to reduce the number of PSU lenders to 10 to 15 from the current 21. The Union Cabinet on Wednesday gave its in-principle approval for the merger and consolidation of public sector banks, reported ET Now. The Cabinet gave the go-ahead to set up a mechanism to carry out such mergers. The move is aimed at improving the efficiency of public...
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