-The New Indian Express NEW DELHI: Amid controversial reports of hunger deaths in Jharkhand due to PDS beneficiaries being turned away, economist Jean Dreze says that even official records show that a significant proportion of people are being deprived of food rations every month. In an interview with New Sunday Express, the prime mover behind the NREGA welfare scheme said “this does not mean that Aadhaar is solely responsible for the failures...
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Jean Dreze, development economist, interviewed by Ankita Virmani (Firstpost.com)
-Firstpost.com Development economist Jean Dreze has been vociferous critic of the Narendra Modi government's demonetisation of Rs 500 and Rs 1,000 notes a year back. He had famously warned that "demonetisation in a booming economy is like shooting at the tyres of a racing car". A year on, it seems his caution has come true. In the first quarter of the current financial year, the GDP growth slowed to a three-year...
More »Rs 47-crore LPG subsidy deposited in Airtel bank accounts 'opened without consent' -Sanjeev Choudhary
-The Economic Times More than 23 lakh customers have received cooking gas subsidy of Rs 47 crore in their respective Airtel Bank accounts they don’t seem to have opened, prompting the government to intervene even as the top mobile operator denied any wrongdoing. Consumers receive cooking gas subsidy in their bank accounts linked to their unique biometric identity, or Aadhaar. But after several consumers lately complained about not receiving subsidy, it emerged...
More »1,216.8 crore authentications: Govt swamps SC with UID data -Dhananjay Mahapatra
-The Times of India NEW DELHI: Bombarding the Supreme Court with statistics to convince it about ease of doing day-to-day activities with Aadhaar, the Centre said 118.64 crore Indians, which is 88% of the population, had obtained Aadhaar and they used it 1,216.8 crore times for authentication purposes. "As of today, the total number of Aadhaar-based authentication is 12,168,022,172. Therefore, the Indian population has used Aadhaar-based authentication over 1,216 crore times to...
More »One year after demonetisation: Credit card use up but balance due surges by 39 per cent -George Mathew
-The Indian Express In fact, card outstandings have shot up by 77.74 per cent in the last two years, from Rs 33,700 crore in September 2015. Mumbai: Nearly A year after demonetisation, credit card usage has seen a sharp rise with outstandings rising 38.7 per cent during the 12 months ended September 2017. The total credit card outstandings - money spent by card holders and not repaid to the card company or...
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