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Rs 500 and Rs 1,000 ban: Narendra Modi govt has created 50-day hawala window for old notes -Narayanan Madhavan

-Firstpost.com Think of it as a 50-over one-day cricket match, with each day equivalent to an over. The  game has just begun. The government of India, popularly known as Modi sarkar, has just created a 50-day hawala window for those with black money – albeit in a loose sense. The term hawala is usually used for illegal trade in foreign exchange going back to the times before 1993 when India had tight...

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Agriculture and Pollution: Tackling a burning problem with technology -Divya Goyal & Anju Agnihotri Chaba

-The Indian Express The poor adoption of a machine that can help avoid paddy stubble burning is an example of policy failure. Jalandhar/ Ludhiana: There is virtual unanimity — at least among scientists and aware farmers — that the ultimate solution to the recurrent problem of paddy stubble burning at this time of the year lies in the ‘Happy Seeder’ developed by the Punjab Agricultural University (PAU) in 2002. But more than...

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Farmers, agro industry developing alternatives to stubble-burning

-Hindustan Times Nabha: After a tumultuous demand for alternatives to stubble-burning, the departments seem to have come into action. Officials are visiting the farmers, who gave up stubble-burning and adopted alternative methods on their own, to see the viability of the methods. The agriculture development department highlighted a new instrument made by New Gurdeep Combines, which is fixed at the back of a harvester combine. It trims the stubble into small...

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Nandan Nilekani, Infosys co-founder and one of the brains behind the Unified Payments Interface, interviewed by Anirban Sen (Livemint)

-Livemint.com Nandan Nilekani, one of the brains behind the Unified Payments Interface, on the near-term challenges of going cashless While the government’s decision to scrap Rs500 and Rs1,000 bank notes has been met with resistance from some quarters and been called too abrupt, Infosys co-founder Nandan Nilekani backed it, saying it was needed to speed up the move to a cashless economy. “There is no question that this is a very bold...

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Show me the money -Ila Patnaik

-The Indian Express Ban on Rs 500, Rs 1000 notes deals with stocks of black money. But push to a cashless economy is premature. The sudden and dramatic announcement by the prime minister banning Rs 500 and Rs 1,000 notes issued by the Reserve Bank of India has a number of objectives. Among them are tackling counterfeit notes, curbing black money and restricting finance for subversive activities. While progress will be made by...

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