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Digital transactions rose 13.5% to Rs.124.69 tn in September: RBI -Komal Gupta

-Livemint.com Digital transactions rose 13.5%—from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise New Delhi: Digital transactions in September rose to the second highest monthly level by value since the government’s demonetisation exercise in November. Transactions through digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank...

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From textiles to tech: Wave of job losses hits new and old economy -Anil Sasi

-The Indian Express The Indian Express points to spreading employment distress in a market where fresh hiring opportunities are increasingly limited. TEXTILE to capital goods, banking to I-T, start-ups to energy, the economy’s downward spiral is leaving a trail of job losses across both old and new economy sectors. In the near absence of consolidated employment numbers, disaggregated data collated from across these sectors by The Indian Express points to spreading employment distress...

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More schemes under DBT now, but transaction values sluggish -Surabhi

-The Hindu Business Line Beneficiaries under DBT rise by only 2 crore, value of transactions by Rs. 443 crore New Delhi: The ambitious direct benefit transfer (DBT) scheme now covers more than 300 Central schemes, but despite the significant increase in its scope, the number of government beneficiaries and the value of transactions seem to be plateauing. Between August this year and the last, the number of DBT beneficiaries increased by only 2...

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One Month Later, Misgivings Abound About How New India's Updated Mineral Policy Will Be -Anuj Srivas

-TheWire.in The K.R. Rao committee has only recently taken on board the views of civil society stakeholders, raising questions as to whether illegal mining and environmental issues will be properly addressed. New Delhi: A government committee in charge of revamping India’s 2008 mineral policy has belatedly agreed to rectify its industry-skewed composition by roping in several civil society stakeholders as ad-hoc members. However, according to multiple industry and environmental experts, it is unclear...

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In State-Level Changes to Land Laws, a Return to Land Grabbing in Development's Name -Manju Menon, Kanchi Kohli and Debayan Gupta

-TheWire.in The new state laws, which are in line with the BJP’s land ordinance, undo consent procedures and legitimise land acquisition with terms favourable to investors. One of independent India’s landmark legal reforms has failed. The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, (LARR) 2013, which replaced the colonial legislation of 1894, was one of the biggest reforms in the arena of land governance. But following...

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