-Press note from Right to Food Campaign, Jharkhand Etwariya Devi, a 67-year-old widow, died of hunger and exhaustion on 25 December in Sonpurwa village of Majhiaon block of Garhwa district (Jharkhand). She lived with her son Ghura Vishwakarma, daughter-in-law Usha Devi and their three children in a dilapidated kutcha house. The family has a hand-to-mouth existence and is routinely unable to access adequate nutrition. Surviving the day on only a meal...
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A wilful negligence -Colin Gonsalves
-The Indian Express Governments have not acted on recommendations of committees on farmer welfare How many more farmers must die before the prime minister condescends to take notice? How many rats must the protesting Tamil Nadu farmers at Jantar Mantar eat before the government acts? How many more fake farm loan waiver schemes will be announced before the cabinet realises that farmers cannot be fooled anymore? Despite 300,000 farmers taking their lives...
More »Card transactions soar 84% in September 2017 to Rs 74,090 crore, says report
-PTI The study further said digital payment companies have seen a substantial jump in business following the government's push towards cashless transactions after the note-ban last November, and the major contributor to this growth was online payments. Mumbai: The debit and Credit Card transactions have jumped to Rs 74,090 crore in September this year, up a hefty 84 per cent as compared to the same month last year when it stood...
More »Loan waiver is not the solution -Anjani Kumar and Seema Bathla
-The Hindu We need to revisit the credit policy with a focus on the outreach of banks and financial inclusion Since Independence, one of the primary objectives of India’s agricultural policy has been to improve farmers’ access to institutional credit and reduce their dependence on informal credit. As informal sources of credit are mostly usurious, the government has improved the flow of adequate credit through the nationalisation of commercial banks, and the...
More »One year after demonetisation, cash is still king -Roshan Kishore
-Livemint.com Cash scarcity led to a spike in digital payments post demonetisation, but the trend reversed as remonetisation picked up pace New Delhi: Soon after demonetisation was announced on 8 November last year, it was projected as part of a broader push towards a cashless economy. Several ministers and government officials claimed that this would nudge Indians to rely on non-cash or digital payments. In the weeks and months following demonetisation, digital payments...
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