-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of Demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...
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After Demonetisation 479 complaints filed against hospitals: Maharashtra govt -Tabassum Barnagarwala
-The Indian Express Maximum complaints from patients in Mumbai, many had travelled to the city for surgery carrying cash. Mumbai: A total of 479 patients from across Maharashtra have filed complaints of refusal of treatment against hospitals in the state after the Centre’s Demonetisation move on November 8. Maximum complaints came from patients in Mumbai, several of whom had travelled to the city for surgery carrying cash. Over 73 complaints against private...
More »Usurers cash in as bank loans to farmers dry up -Bhavika Jain
-The Times of India MUMBAI: Demonetisation seems to have helped private moneylenders in Maharashtra. Of the Rs 13,558 crore of loans required for the rabi season, banks could disburse only about Rs 2,400 crore (18%), due to shortage of cash. Besides, there are restrictions on district cooperative banks (DCCBs). Officials said the crisis gave moneylenders an opportunity to get rid of defunct notes as loans were disbursed in old notes and they...
More »Jan Dhan deposits double to Rs. 87,000 cr., come under I-T lens
-The Hindu Deposits in Jan Dhan account have more than doubled to Rs. 87,000 crore in 45 days post Demonetisation, prompting the tax department to “dissect” information relating to such deposits, a top government official said. Besides, the tax department also has data on small cash deposits between Rs.30,000-50,000 made in 4.86 lakh accounts totalling to Rs. 2,000 crore. Between November 10 and December 23, 2016, the total deposits reported is Rs. 41,523...
More »Now RBI Cites 'Threat to Life' Exemption to Deny RTI Query on Demonetisation Decision
-PTI More stonewalling from the ‘Reserved’ Bank of India New Delhi: Were the views of the chief economic advisor and the finance minister taken before the sudden announcement of Demonetisation of high-value currency notes by Prime Minister Narendra Modi on November 8? The Reserve Bank of India feels this query cannot be answered under the Right to Information Act as it does not come under the definition of information under the transparency...
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