-IANS A district cooperative bank, Ahmedabad District Cooperative Bank (ADCB), netted the highest deposits among such banks of old Rs 500 and Rs 1,000 notes that were abruptly demonetised on November 8, 2016, according to RTI replies received by a Mumbai activist. ADCB secured deposits of Rs 745.59 crore of the spiked notes -- in just five days after Prime Minister Narendra Modi made the demonetisation announcement. All the district cooperative banks...
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Demonetisation failed to make India a 'less cash' society -Vivek Dehejia and Rupa Subramanya
-Livemint.com The ratio of currency in circulation as share of broad money is back at pre-demonetisation levels, according to Reserve Bank of India data On 8 November 2016, Prime Minister Narendra Modi announced the “demonetisation” of high-value currency notes. When it became clear the ex ante goals of reducing corruption and black money were unlikely to succeed, attention shifted to a range of possible ex post facto rationales for the move. Numerous...
More »The Ganna That Prevailed Over Jinnah -Kabir Agarwal
-TheWire.in With pending dues of Rs 22,000 crore, sugarcane farmers in the country continue to suffer as the Centre’s package to ‘address the current crisis’ proves thoroughly inadequate and misdirected. The Wire takes a deep dive into the sugarcane crisis. Shamli: On a hot May afternoon, a long queue of tractor trolleys loaded beyond capacity with sugarcane, are lined up outside the Upper Doab Sugar Mills in Shamli district – in...
More »Bureaucrats More Wary of 'How' Than 'Why' of Lateral Entry Into Civil Services -Ajoy Ashirwad Mahaprashasta
-TheWire.in Veteran IAS officers agree there is a need for greater specialisation in the civil services, but are unhappy with the cut in recruitments over the years and the move to bypass the UPSC system. New Delhi: The Centre’s move to allow lateral entry into empanelled bureaucracy has opened up a complex debate that has been ongoing for, at least, the last two decades. While a big chunk of the civil servants...
More »Shillong to Thoothukudi, what data says about increasing protests in India -Pradeep Chhibber, Harsh Shah and Rahul Verma
-Hindustan Times Citizens are finding innovative ways to protest and are often doing so without the help of political parties, who often arrive ‘late to the party’. Though the recent violence in Shillong began over a minor scuffle and spread through a fabricated story on WhatsApp, it took almost a week to de-escalate tensions between members of the Sikh community, long-time settlers in the Punjabi Lane area of the city, and Khasis,...
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