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Economist rues rise of hate -Devadeep Purohit

-The Telegraph Calcutta: Economist Kaushik Basu on Friday regretted the rise of a "narrow-minded" approach and "hatred" in the country. Basu, the C. Marks professor of international studies and professor of economics at Cornell University, made the observation while delivering a lecture on"economics and morality" in memory of Swami Lokeswarananda of the Ramakrishna Mission. "In today's India, we are getting narrow-minded. There is hatred among people," rued the former chief economist of the...

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10 crore people drinking contaminated water in India

-PTI Over 10 crore people in the country are getting water contaminated with excess fluoride, the Lok Sabha was informed today. To deal with the problem, the central government has released Rs 800 crore so that community water purification plants could be set up, Minister for Drinking Water and Sanitation Narendra Singh Tomar said during Question Hour. About 10.06 crore population living in 12,577 habitations in different states and union territories are getting...

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FRDI Bill: Depositors' money safer than ever, says Arun Jaitley -Avishek G Dastidar

-PTI FRDI Bill: Jaitley says no need to create fear psychosis, government will consider what panel recommends The Money of all depositors in public-sector banks will be protected and the level of protection will be “much higher than the level which existed till today,” Finance Minister Arun Jaitley told Lok Sabha Thursday. Talking about the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 during his reply to the debate on Supplementary...

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RBI May Be Either Holding Back Or Could Have Stopped Printing Rs 2,000 Notes, Says SBI Report

-Outlook The Reserve Bank of India (RBI) may either be holding back Rs 2,000 notes or could have stopped printing high denomination currency, says a SBI Research report. Juxtaposing the data presented in the Lok Sabha recently with the one provided by RBI in its Annual Report earlier, the SBI Ecoflash report said today, "we observe" that the value of small denomination currency in circulation up to March 2017 was Rs 3,501...

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Why are Indian farmers angry? -Dipti Jain and Tadit Kundu

-Livemint.com Rising input costs and lack of remunerative prices have turned the terms of trade against the Indian farmer While the Bharatiya Janata Party (BJP) managed to retain its stronghold of Gujarat in the recent state assembly elections, it conceded significant ground to the Congress in rural and semi-rural constituencies. The results bring to the fore the problem of rural discontent, as farmers intensify their protests against non-remunerative prices for their produce...

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