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UNESCAP: Note ban effect 'transient'; India to grow 7.1% in 2017 -Surabhi Prasad

-The Hindu Business Line Sees enhanced infra spending, higher consumption New Delhi: While noting that demonetisation of high value currency by the government last year will help bring in more taxpayers into the tax net, the United Nations ESCAP in a new report has said that more measures will be required to fight black money in the future. “The measure did not, by itself, impede future black money flows in new denominations. …...

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Demonetisation: Cash withdrawals in March nearly the same as last year -Mahua Venkatesh

-Hindustan Times Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same month last year. Cash transactions are back in vogue despite the government’s push for a less-cash economy post-demonetisation, Reserve Bank of India (RBI) data on ATM cash withdrawals indicate. Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same...

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Sam Pitroda, regarded as the father of India's telecom revolution, interviewed by Peerzada Abrar (The Hindu)

-The Hindu Online media companies don’t take responsibility for their content, he says Sam Pitroda, regarded as the father of India’s telecom revolution, says that he is deeply concerned with the way social media is being misused globally to propagate lies, hatred and false ideas. In an interview, Mr. Pitroda says that in India also, social media has not been used effectively and technology is not meant to be misapplied. He says...

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Ganga pollution: Experts to take call on who should be held guilty -Amitabh Sinha

-The Indian Express Proposed law on Ganga will not be enacted ‘in a hurry’, draft not complete: Uma Bharati. PROGRESS ON drafting a new law to protect the Ganga from pollution has run into a hurdle due to lack of consensus over what could be considered an offence and who should be held guilty of polluting the river. Water Resources Minister Uma Bharati told The Indian Express that the proposed Ganga law...

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TN against move to price groundwater for agriculture -T Ramakrishnan

-The Hindu State government preparing its response to the model groundwater bill circulated by Central government The State government does not favour the idea of pricing groundwater for agriculture. The government, which is fine-tuning its response to the model groundwater bill circulated by the Central government, feels that the text of the model bill provides scope for the idea, which, if translated into action, will only attract controversies, says a senior official. Though...

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