-The Hindu The ‘batta’ system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow. Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from...

-The Times of India HYDERABAD: The extent of arable land in Telangana has registered a decline due to growth in industry, construction of houses, urbanisation and infrastructure development. This was revealed by the Directorate of Economics and Statistics of the government in its report on agricultural statistics for 2015-16. The report revealed that the land put to non-agricultural uses rose from 8.19 lakh hectares in 2008-09 to 8.92 lakh hectares in 2015-16. The...

-Hindustan Times Water management should be at the heart of all smart city planning. While there is a lot of emphasis on transportation and infrastructure development, water management remains limited to treatment of waste water, quality monitoring, and smart metering in the government’s smart cities strategy. No clear plans have emerged on how smart cities are to be linked with their water catchments to ensure sustainable provision of water. More clarity is...

-Livemint.com Banks have received Rs14.97 trillion ($220 billion) as of 30 December, the deadline for handing in the banned notes, said a person familiar with the matter New Delhi: Indians have deposited nearly all the currency bills outlawed at the end of the deadline last year, according to people with knowledge of the matter, dealing a blow to Prime Minister Narendra Modi’s drive to unearth unaccounted wealth and fight corruption. Banks have received...

A press statement issued from the Right to Food Campaign on 27 December, 2016 says that the demonetisation of old currency notes of Rs. 500/- and Rs. 1000/- denomination wreaked havoc on the livelihood security of the poor people. The labouring and toiling masses, who are mostly engaged in the informal sector, have been adversely affected due to the scrapping of old currency notes of Rs. 500/- and Rs. 1000/-...