-MirrorNowNews.com The Bharatiya Janata Party (BJP) MPs on Tuesday stalled a parliamentary report which slammed demonetisation. The report mentioned that demonetisation led to a drop of one per cent in the country's GDP. New Delhi: Bharatiya Janata Party (BJP) MPs on Tuesday stalled the note ban report which slammed the incumbent government's decision of demonetising Rs 1,000 and Rs 500 currency notes with effect from November 8, 2016. The report mentioned...
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Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan
-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...
More »99.40% of demonetised notes returned: RBI
-The Hindu Business Line Value of banknotes in circulation increased to Rs 18.03 lakh crore as at end-March 2018 Mumbai: Close to 99.40 per cent of specified bank notes (SBNs) of Rs 500 and Rs 1,000 denominations, which were scrapped in the November-December 2016 period, have been returned from circulation, according to the Reserve Bank of India's annual report. The report pegged the total SBNs returned from circulation at Rs 15.31 lakh crore....
More »Madhav Gadgil, noted ecologist, interviewed by Prathima Nandakumar (TheWeek.in)
-TheWeek.in Noted ecologist Madhav Gadgil blames the “law-flouting” state government for the devastation in Kerala. The Western Ghats Ecology Expert Panel (WGEEP), headed by Gadgil in 2011, had suggested measures to preserve the ecologically frail Ghats. But, the Kerala government, like the other five states, chose to reject the report. Having suffered such devastation, Gadgil feels that the state should survey the “ecologically sensitive zones” that have been compromised due to...
More »Cong piles Gujarat firm heat on Modi
-The Telegraph New Delhi: The Congress on Monday demanded that the State Bank of India declare the Gujarat State Petroleum Corporation bankrupt as it sought to puncture holes into "dream merchant" Narendra Modi's "Mr Clean" image, armed with an RBI circular on Resolution of Stressed Assets. Senior party leader Jairam Ramesh said the February 12 Reserve Bank circular mandated that any company that owed more than Rs 2,000 crore to banks on...
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