-The Indian Express Demonetisation: On digital transactions, too, RBI data shows that the volume of electronic payments, after peaking in December 2016 at 957.50 million transactions compared with 671.49 million in November, has been on a decline. New Delhi: When it launched the currency withdrawal in November, the NDA government had outlined four key objectives of the demonetisation exercise: detection of black money, elimination of fake currency, squeezing funds available for...
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As money flowed back in, how goalposts were shifted -Manoj CG & Ravish Tiwari
-The Indian Express A scrutiny of RBI’s earlier provisional disclosures and the government’s structured public remarks reveal a pattern: aware that much of the money would return, the government and the political establishment kept shifting the goalposts. New Delhi: “Tab (previous UPA) aawaz uthti thi ki kitna gaya, ab aawaz uth rahi hai ki kitna laye. Isse bada jeevan ka santosh kya ho sakta hai…Yahi toh sahi kadam hai…Woh zamana tha tab...
More »Flood situation improves in Assam, five districts still affected
-PTI GUWAHATI: The flood situation in Assam continued to improve on Monday, although 1.25 lakh people in five districts of the state are still reeling under it. According to a report by the Assam State Disaster Management Authority (ASDMA), 1.25 lakh people remain affected currently in Chirang, Morigaon, Nagaon, Karbi Anglong and Golaghat districts. Till Sunday, 1.6 lakh people were suffering due to the third wave of floods across six districts of the...
More »'PM is of India, not BJP': Haryana HC takes Centre to task over Panchkula violence -Shailee Dogra
-Hindustan Times The high court called the PM Narendra Modi-led government’s reaction to the violence “only a knee-jerk” one, dismissing the argument that the havoc occurred in different states ruled by different parties. Chandigarh: The Prime Minister is of the nation and not the BJP, the Punjab and Haryana high court remarked on Saturday as riots engulfed two states after controversial “godman” Gurmeet Ram Rahim Singh was convicted of rape. The court...
More »August rains revive kharif sowing in parched Karnataka -Sandip Das
-The Financial Express More than ‘normal’ rainfall in the last three weeks in 11 districts of south-interior Karnataka, which received scanty rains in the first two months of monsoon season (June-July), has helped revive kharif sowing activities to a large extent. According to the Karnataka State Natural Disaster Monitoring Centre (KSNDMC), the quantum of rainfall in August so far in these districts, including Mandya, Mysuru, Chitradurga and Bengaluru, has been 95...
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