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Demonetisation cripples fishing industry in Bengal -Suvojit Bagchi

-The Hindu 'The buyers are tendering Rs. 1,000 notes, which is difficult for us to accept' North 24 Parganas: By about 4 a.m. all shops – about 170 – were open on both sides of an unkempt asphalt road. The shops that were selling fish at a wholesale rate were chock-a-block by 5 a.m.. But many of them were not engaging with the trading. They were small rural fish farmers and sellers, big...

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Rs 500 and Rs 1,000 ban: Narendra Modi govt has created 50-day hawala window for old notes -Narayanan Madhavan

-Firstpost.com Think of it as a 50-over one-day cricket match, with each day equivalent to an over. The  game has just begun. The government of India, popularly known as Modi sarkar, has just created a 50-day hawala window for those with black money – albeit in a loose sense. The term hawala is usually used for illegal trade in foreign exchange going back to the times before 1993 when India had tight...

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Missing stock is harming our food security

-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...

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CAG faults top private charitable hospitals for billing poor patients -Sumitra Deb Roy

-The Times of India Mumbai: In an audit of 11 leading private charitable hospitals in the city, the Comptroller and Auditor General (CAG) of India has found that seven were wrongly billing poor patients and charging hefty deposits during admission. Most hospitals reserved less than the stipulated number of beds for the poor, thereby depriving many of quality healthcare. The charity commissioner too has been pulled up for bad implementation of...

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What’s cooking? -Richa Mishra and Debabrata Das

-The Hindu Business Line The PMUY scheme, under which the poor get subsidised LPG connection, addresses an urgent need. At the same time, it can turn out to be a political masterstroke for the BJP, write Richa Mishra and Debabrata Das The kitchen has always played an important role in Indian politics. Leaders across political parties have cooked their electoral fortunes with the kitchen as the integral ingredient. While some distributed highly...

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