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Fake 500 rupee notes up 121% in 2018-19, says RBI

-PTI * Counterfeiting of the newly-designed ?2,000 notes shot by 21.9% in 2018-19 in comparison to the previous year, the RBI said * RBI said that counterfeit notes detected in the denomination of ?100 declined by 7.5% New Delhi: Counterfeiting of the newly-designed Rs.500 notes shot up by 121 per cent and of the Rs.2,000 notes by 21.9 per cent in 2018-19 in comparison to the previous year, the RBI said on Thursday. Of...

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The regional disparity challenge -Nikita Kwatra & Pramit Bhattacharya

-Livemint.com A fiscal stimulus that comes from the poorest states of the country will enable them to raise capex spending, boost growth and catch up with the others On many development parameters, India appears to be almost like a continent, with different states at vastly different stages of development. Underlying such stark differences are differences in the levels of per capita incomes, and such differences have risen sharply over the past...

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Redesigning the Fiscal Transfer System in India -M Govinda Rao

-Economic and Political Weekly An overwhelming proportion of the poor live in low-income states in India. These states are home to over two-thirds of the children in the 0–14 age group. Therefore, provision of comparable levels of basic social services and physical infrastructure is important to ensure balance and stability in the Indian federation. This underlines the importance of intergovernmental transfers. Conceptually, general purpose transfers are given to enable the states...

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A more precarious citizenship -Sanjib Baruah

-The Indian Express India is unlikely to deport to Bangladesh people who fail NRC test. But the millions who will become non-citizens will have fewer rights The phrase “India’s internal matter” has featured prominently in the country’s diplomacy in recent days. It cropped up repeatedly in the government’s responses to the international fallout of the moves on Jammu and Kashmir: To scrap Article 370 and downgrade the state to a Union...

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Coal-based power makes India top global SO2 emitter: Greenpeace -Vishwa Mohan

-The Times of India NEW DELHI: Sulphur dioxide (SO2), a significant contributor to air pollution, may be within the national ambient air quality standard in all major cities in India, but the country is the largest cumulative emitter of this pollutant in the world and thus prone to being a victim of a cocktail of several toxic air pollutants. As a reactive pollutant, SO2 reacts with other air pollutants to form sulphate...

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