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India demands $1 trillion as ‘climate finance’ -Jacob Koshy

-The Hindu India’s NDCs are subject to the availability of this amount in climate finance, says key negotiator India has demanded a trillion dollars over the next decade from developed countries to adapt to, and mitigate, the challenges arising from global warming, and has kept this as a condition for delivering on climate commitments made by Prime Minister Narendra Modi, a senior official who is part of ongoing climate agreement negotiations in...

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After 5 years of demonetisation, black money is very much around -Dinesh Unnikrishnan

-MoneyControl.com The Narendra Modi government expected demonetisation to extinguish at least Rs 3-4 lakh crore of black money. However, RBI data show that 99% of the money that was invalidated came into the banking system. Meanwhile fresh seizures of black money continue. On November 8, 2016, Prime Minister Narendra Modi appeared on national television and said that all Rs 500 and Rs 1,000 notes would become invalid at midnight. The announcement at...

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Five years since demonetisation: What has changed? -Roshan Kishore

-Hindustan Times While demonetisation was subsequently described as a policy boost to promoting digital payments, the original policy had very different stated targets. November 8, 2021 marks five years of demonetisation in India. On this day in 2016, in a televised address at 8 pm, Prime Minister Narendra Modi declared that currency notes of ₹500 and ₹1000 -- these two denominations were 86% of the currency in circulation at the time in...

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Milk at Largest Private Dairy Company Turns Sour for Workers - Sruti MD

-Newsclick.in Hatsun Agro Products doesn’t pay minimum wages despite a turnover of Rs 5,500 crore and forces employees to resign.  With a massive turnover of Rs 5,500 crore at the end of the 2021 fiscal, Hatsun Agro Products (HAP), the country’s largest private dairy products company, reported a massive 25% increase in net profit for the second quarter as against the same period in the previous year. Around the time the company planned...

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Poor quality pulses being sold under PDS in Kangra district -Ravinder Sood

-The Tribune Grains sold at fair price shops unfit for eating: Consumers Palampur: In the absence of any checks, ‘substandard’ foodgrain, especially pulses, are being sold at fair price shops in Kangra district. The pulses have high moisture content and are not fit for human consumption. The state government supplies subsidised foodgrain to consumers through over 4,500 outlets, including fair price shops. Sources say that the commodities being supplied at the fair price...

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