-The Hindu Business Line Remonetisation taking place at a good pace, RBI Governor tells House panel New Delhi: RBI Governor Urjit Patel told the Parliamentary Standing Committee on Finance that the non-availability of the currency verification processing system (CVPS) machines is one reason why the counting of demonetised notes is not yet done. Though he painted a rosy picture of the digitisation process in the country Post-demonetisation before the panel, figures presented by...
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1.5 Million Jobs Lost During First Four Months of 2017, Says CMIE
-TheWire.in While this is likely a side-effect of demonetisation, more research is needed to unpack how India’s unemployment rate fell in January-April 2017. New Delhi: The Modi government’s demonetisation decision may have resulted in the loss of roughly 1.5 million jobs, according to new survey data put out by the Centre for Monitoring Indian Economy (CMIE). CMIE’s data is based on the result of consecutive waves of household surveys performed from January 2016...
More »Surat Textile Traders on Indefinite Strike Against GST -Damayantee Dhar
-TheWire.in The traders have incurred a loss of over Rs 5000 crore in the last 22 days, while 15 lakh labourers have lost their jobs due to the shutdown. Surat: On July 8, Surat, the economic capital of Gujarat, witnessed an unprecedented protest against the new tax regime, the Goods and Service Tax (GST). Texile traders swarmed a three-km stretch on the Ring Road, which holds city’s main textile market, on a...
More »Is the RTI law in danger of losing its might? -Poulomi Banerjee
-Hindustan Times The RTI Act of 2005 made the government more accountable. But a new set of proposed rules may weaken the law and make it difficult and risky for people to access information In 2015, activist Lokesh Batra filed a Right To Information (RTI) application with the Department of Personnel and Training (DoPT) seeking details about the appointment of the next Chief Information Commissioner (CIC). But the DoPT refused to...
More »Minus money, PM 'model' loses sheen -Anita Joshua
-The Telegraph New Delhi: Parliamentarians, even those from the BJP, have been dragging their feet for the second year in a row over adopting villages in their constituencies (or states) under the Pradhan Mantri Sansad Adarsh Gram Yojana. Over a quarter into this fiscal, only 40 of the 788 MPs have identified gram panchayats for adoption under the programme, which mandates them to develop these villages into "model villages" for others to...
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