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No proposal to charge UPI payments, says FinMin -Shayan Ghosh

-Livemint.com The Centre put to rest speculation following a recent RBI discussion paper on Digital Payment charges MUMBAI: The finance ministry on Sunday said the government is not planning to charge for payments through the unified payments interface (UPI) channel, putting to rest speculation following a recent Reserve Bank of India (RBI) discussion paper on Digital Payment charges. “UPI is a digital public good with immense convenience for the public and productivity gains...

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Can Unicorns Become Growth Engines of India’s Economy? -Shinzani Jain

-Newsclick.in The relatively new and fragile start-up ecosystem is not a solution to the larger problem of pauperisation of the working population of the country. In May 2022, a report in the magazine, The Economist, claimed that “a novel confluence of forces stands to transform India’s economy over the next decade, improving the lives of 1.4 billion people and changing the balance of power in Asia. Technological leaps, the energy transition, and...

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Group wants new order on MGNREGA workers revoked -Sobhana K. Nair

-The Hindu Peoples Action For Employment Guarantee says rule that mandates recording attendance on a mobile app is a violation of the NREGA law The Union Rural Development Ministry must withdraw its order to discontinue manual attendance for Mahatma Gandhi National Rural Employment Guarantee (MGNREGA) scheme work sites with more than 20 workers to replace it using a mobile phone-based application — National Mobile Monitoring Software (NMMS) for recording attendance, the Peoples...

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The Incomplete Project Of E-Shram, India’s Database Of Unorganised Workers -Sweta Dash

-Article-14.com India’s 380 million informal workers will be registered on a new database that will allow, says the government, social security payments. It isn’t working as it should because the government insists on Aadhaar, which many workers do not have. Others do not know of it, and if they do, may not be digitally literate, and it isn’t clear what entitlements will follow for workers whose data are being collected. New Delhi:...

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The curious case of Meghalaya’s COVID-19 relief package -Rakshita Swamy and Angela Rangad

-The Hindu Audits, transparency and citizen-centric accountability need to be a part of fund support and disbursement Every COVID-19 wave in India has brought us face to face with the dire precarity of life and livelihood for India’s vast numbers of unorganised workers, and the inadequate response of the state and society to their plight. The latest global OXFAM inequality report highlights how India’s billionaires have grown dramatically in numbers and wealth,...

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