-The Hindu The primary aim of the demonetisation exercise was to tap black money. To mark the last day for depositing the demonetised notes, on December 31, 2016, the Prime Minister, in his address to the nation, fully acknowledged the great hardship suffered by common people due to the serious delay in making the new currency notes available in the banks, ATMs and Rural Areas, and thanked them for the faith...

-The Hindu The ongoing repercussions of the government’s decision to demonetise high-value currency notes are being felt in particular by cash-intensive sectors such as the microfinance industry, according to microfinance company Satin Creditcare. “It’s been a pretty tough time (post demonetisation),” H.P. Singh, chairman and managing director of Satin Creditcare, said in an interview. “The cash supply position has been very bad in the northern states of Uttar Pradesh, Punjab… in both...

-The Hindu The Niti Aayog has called for a review of the provisions of the Right To Education Act that stipulate that children who don’t perform well cannot be held back up to class VIII. It said the good intention behind the norm is detrimental to the learning process. It has also suggested a system where direct benefit transfers offer the poor a choice between subsidised purchases or equivalent cash to buy...

-The Hindu Business Line Bengaluru: Farmers in Karnataka, like their counterparts in other states who have been impacted by the drop in prices and cash shortage triggered by demonetisation, have another problem to contend with — crop loss on account of the failure of rains. It has been a kind of a triple whammy for farmers in the region. Besides being forced to reap a lower kharif output on account of a...

-PTI Karnal in Haryana and Patiala in Punjab have been chosen as model districts for implementing orders to stop stubble burning, the National Green Tribunal has been informed. The state governments told the green panel that both these districts have been selected due to high rural population and agricultural activity in these areas. A bench headed by NGT Chairperson Justice Swatanter Kumar directed the Haryana and Punjab governments to submit complete action plans...