-The Hindu Replacement of systems more than 7 years old, Centre’s digital push lead to cutting down on new installations A combination of factors, including cash crunch following demonetisation of high value notes announced in November last, have led to commercial banks cutting down on the number of automated teller machines (ATMs) particularly those not located in branches (off-site ATMs), latest RBI data showed. According to Reserve Bank of India (RBI), there were...
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Non-availability of machines slowed down counting of withdrawn notes: Urjit Patel -AM Jigeesh
-The Hindu Business Line Remonetisation taking place at a good pace, RBI Governor tells House panel New Delhi: RBI Governor Urjit Patel told the Parliamentary Standing Committee on Finance that the non-availability of the currency verification processing system (CVPS) machines is one reason why the counting of demonetised notes is not yet done. Though he painted a rosy picture of the digitisation process in the country post-demonetisation before the panel, figures presented by...
More »Government to focus on nutrition security of 23 crore PDS members: Ram Vilas Paswan
-PTI NEW DELHI: In the next two years, the government today said it will focus on nutritional security of the country's two-third poor population registered with the public distribution system (PDS) under the food law. The food law aims to provide legal entitlement of 5 kg subsidised foodgrains per person every month at Rs 1-3/kg to 23.3 crore registered members. The law was passed by Parliament in September 2013, during the previous...
More »Baseless Aadhaar and its many flaws: When the poor lose their thumb prints -Osama Manzar & Eshita Mukherjee
-Business Standard When machines don't recognise their thumb prints, Aadhaar turns into a device of exclusion Wardi Devi, a senior citizen, hails from a remote town of Rajasthan. She’s tried to enrol for the Aadhaar thrice and even paid Rs. 150 and Rs. 50 to agents while making the first two attempts. Tired of coughing out her hard earned money from her meagre wages, she refused to pay anything the third time....
More »After LPG success, Narendra Modi government wants public to give up food subsidies -Sandip Das
-The Financial Express Buoyed by the success of the Give-It-Up campaign that coaxed over 1 crore households to forgo the subsidy on cooking gas, the Centre has written to all state governments seeking their support for a similar scheme to cut its rising food subsidy bill. Sources told FE that the Union food ministry in a communication to states has said Give-it-Up should be promoted under the Targeted Public Distribution System...
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