-The Hindu Mill workers being trained to carry out cashless transactions Hooghly: Vijay Bahadur Chauhan, a 57-year-old jute mill worker, is listening attentively to what a bank official is saying. The official of a public sector bank is highlighting how a non-Android phone user, without Internet connectivity, can still carry out cashless transactions. Only a handful of workers at Hastings Jute Mill, one of India’s first jute-making factory, which began operations in 1875,...
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Gwalior farmers pay kids' school fees in paddy -Deshdeep Saxena
-The Times of India BHOPAL: Starved of cash, 15 farmers of a village in Gwalior deposited 45 quintals of paddy as their children's school fees on Saturday. The school management sold the crop at a mandi and got a cheque of Rs 58,500. Bhitarwar region of Gwalior is known as the rice bowl of Madhya Pradesh, and paddy is the main crop of the kharif season. Villages here have run out of...
More »demonetisation effect: Cash-starved anganwadis struggle to feed children -Subodh Varma
-The Times of India There is a trace of pride in Nisha Chaurasiya's voice as she complains of how she and her co-workers in an anganwadi in Rajnandgaon district of Chhattisgarh struggled to provide food to babies and children, and to expectant women, since demonetisation took effect on November 8. "The self-help groups borrowed money from everybody, stood in bank queues, pleaded with officials and even spent from their own meagre savings...
More »This government's modus operandi is constant distraction -Pratap Bhanu Mehta
-The Indian Express It distracts our attention from vital questions of institutional health and economic governance. During the second half of UPA 2, the press, with some justification, created a frenzy of anxiety over India’s future, especially its economic future. After two and a half years of the Narendra Modi government, if the same standards of concern about India’s future were brought to bear on the present government, what would the heightened...
More »demonetisation: Was RBI given enough time to discuss note ban, Manmohan Singh asks House panel -Anand Mishra
-The Indian Express Manmohan Singh also suggested that the panel — which is looking into the demonetisation decision — call government officials to depose before it hears RBI Governor Urjit Patel. New Delhi: During a meeting of the Parliamentary Committee on Finance on Thursday, former Prime Minister Manmohan Singh sought to know whether the RBI was given sufficient time to hold deliberations on the government’s demonetisation move. He also suggested that the...
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