-The Hindu Greater data availability, especially on labour markets, needed to better gauge social impact of such policies The World Bank has said the social impact of demonetisation may have been greater as the informal economy was likely to have been hit especially hard. However, the Bank said the impact of demonetisation on the informal economy was difficult to measure and greater data availability, especially on labour markets, is needed to...

-Hindustan Times These women have come together to force the administration to give them designated work under the Mahatma Gandhi National Rural Employment Guarantee Act. The scorching heat and glaring sun don’t seem to deter the spirit of villagers clearing weed and silt from a dry lake in Bevanahalli, Mandya district. Sowbhagya, one of the labourers, from the 75-member group is worried about completing the task assigned on time. “The authorities gave us...

-The Hindu PoS devices’ demand falls on remonetisation, user charges Cash transactions are beginning to trump almost every form of digital payment alternative with April clocking a decline in volumes as well as value of transactions conducted through cards, mobile banking and the Unified Payment Interface (UPI). The trend assumes significance six months after the Centre announced demonetisation of ?500 and ?1,000 notes on November 8. The near-completion of the remonetisation process and merchants...

-Business Standard The programme will cover both water-scarce and flood-affected areas in India Ahmedabad: Ahead of the monsoon, the National Bank for Agriculture and Rural Development (Nabard) will be reaching out to 100,000 villages with its water conservation programme. The Nabard will be working with villagers on better use of water for agriculture and household purposes.   Amid a drought-like situation in several areas, the Nabard targets to help farmers extend water availability and...

-Business Standard The govt has in place regulations that systematically calculate less than the payable compensation New Delhi: The Union government has been understating the compensation that workers should get under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for the delay in payment of wages. Not just that, only a portion of this understated compensation is being paid to the beneficiaries across the country. According to the job guarantee scheme,...