The outcome of a social audit (conducted in April this year) related to the pilot cash transfer programme in the public distribution system (PDS) in Nagri block (Ranchi district) has confirmed that most beneficiaries want back the normal ration system that existed previously. Yet the Jharkhand state government continues with the DBT-based PDS in Nagri block, instead of returning back to the older system, says a press release by the...
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What was done with the Rs 100 crore fine Vedanta paid for Sterlite violations? Not much, finds RTI query -Priyanka Thirumurthy
-TheNewsMinute.com The SC had ordered for the interest from to penalty to be spent for improving the environment, including water and soil, of the vicinity of the plant. Over the last five years, the Thoothukudi district administration has failed to not only address the angst of residents over pollution by Sterlite copper but also to utilise funds to improve the environment in the vicinity of the plant, government documents received under...
More »Demonetisation effect: Demand for cash rises 7%, says RBI -Advait Rao Palepu
-Business Standard Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially. Mumbai: People’s demand for cash continues to head northwards compared to pre-demonetisation levels despite the frequency of digital transactions going up and a substantial increase in bank Deposits since November 2016. Currency with the public (CwP), or people’s demand for cash or currency, is 7...
More »MGNREGA: Honest labour's love lost as government makes payment process complex -Sakina Dhorajiwala
-The Economic Times In over a decade, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has been instrumental in providing employment to rural households. One of its key provisions is that once the work week is completed, the worker must be paid within 15 days. Millions depend on the timely payment of these wages. The payments process has made many strides in the last decade, from cash payments to wages being...
More »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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