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ATMs run out of notes: Here's the reason behind the massive cash crunch -Somesh Jha

-Business Standard Although the rate of cash circulation has surpassed the pre-demonetisation level, it is not in tandem with the rate of economic growth Automated Teller Machines (ATMs) across various states are running dry with the present situation reminiscent of demonetisation of high-value currency notes one-and-a-half years back. States, including Gujarat, Uttar Pradesh, Madhya Pradesh, Bihar, Andhra Pradesh, Manipur and Telangana, have reported shortage of cash at ATMs. A stock-taking analysis submitted by...

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Public Health Activists Oppose Maneka Gandhi's Move to Packaged Nutrients over Take Home Rations in Anganwadis -Aradhna Wal

-News18.com Gandhi made the news recently by opposing her own ministry into wanting to convert these to factory made packets instead of sourcing local food items and ingredients. Citing food safety she has pushed for a powdered formula that can be mixed with regular meals. New Delhi: Over a 100 activists and groups have written to Union Women and Child Development Minister Maneka Gandhi opposing the move to turn take home...

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MSP for Jowar: At 150% of cost, it will distort market price -Prabhudatta Mishra

-Financial Express If the government implements the assured minimum support price at one and a half times the production cost, as promised, it would jack up consumer prices of jowar and distort the market dynamics of the “poor man’s cereal”. Besides, the measure would also dampen exports, analysts warn. At 150% of the cost (A2+FL), the MSP for jowar for the next season could be at least 37% higher than the...

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People protest after denial of ration over Aadhaar seeding -Nisha Nambiar

-The Times of India PUNE: Navabai Ansari, a maid from Mangalwar Peth, is a harassed woman. It has been over two months now, but the fair price shopowner in her area won’t give her food grains as her husband’s Aadhaar and the ration card are not linked. Nirmala Rajput, a daily wager, from Guruwar Peth has also been denied her mandatory ration by a fair price shopowner in her area for over...

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Gujarat braces for cash shortage as chests dry up -Rutam Vora

-The Hindu Business Line Ahmedabad: Ahead of the kharif sowing season, Gujarat is facing a cash shortage as banks have started receiving lesser cash than required from the RBI. This has resulted in the rationing of cash disbursements at several banks in parts of Gujarat, mainly in the north. Banking sources confirmed experiencing cash shortage at the currency chest level from where the disbursement of cash takes place to the bank branches. There...

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