-The Indian Express Ban on Rs 500, Rs 1000 notes deals with stocks of black money. But push to a cashless economy is premature. The sudden and dramatic announcement by the prime minister banning Rs 500 and Rs 1,000 notes issued by the Reserve Bank of India has a number of objectives. Among them are tackling counterfeit notes, curbing black money and restricting finance for subversive activities. While progress will be made by...
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Rs 500 and Rs 1,000 ban: Narendra Modi govt has created 50-day hawala window for old notes -Narayanan Madhavan
-Firstpost.com Think of it as a 50-over one-day cricket match, with each day equivalent to an over. The game has just begun. The government of India, popularly known as Modi sarkar, has just created a 50-day hawala window for those with black money – albeit in a loose sense. The term hawala is usually used for illegal trade in foreign exchange going back to the times before 1993 when India had tight...
More »Feeding off the land -Anuradha Sengupta
-The Hindu Business Line An Odisha organisation is working hard to preserve traditional foods and prevent the mainstream from swallowing up local knowledge systems Inside a candy pink-and-yellow shamiana, a group of children in blue uniforms line up in front of stalls heaving with different kinds of foods. Tubers in shades of brown, beige and cream; pink and red berries; tiny yellow, orange and red tomatoes; leaves of many sizes and shapes;...
More »Food Corporation of India officials caught 'watering' grains in Rajasthan
-The Times of India JAIPUR: The officials of Food Corporation of India (FCI) at Chanderia in Chittorgarh are under scanner for 'watering' food grain sacks to increase their weight and selling the 'excess' in the black market. The incident came to light after a home guard at a godown shot a video of supervisors watering the grains. The video was shot on September 27. The home guard filed a complaint with the...
More »The goat ATMs of Badaun empower women -Usha Rai
-The Hindu Business Line In Uttar Pradesh, women find their calling in rearing small livestock The ten women’s Self Help Groups (SHGs) or samoohs of Naithu village of Badaun, Uttar Pradesh are doing such good business in goat rearing that they call them their ATM cards. The 120 women of these samoohs were not affluent enough to buy buffaloes and cows despite the loans available, so they settled for rearing goats, paying Rs....
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