-Firstpost.com The bungling over the Maharashtra government's farm loan waiver scheme claimed its first victim on Monday, according to exclusive information with Firstpost. VK Gautam, Principal Secretary (Information Technology) has been sent on leave after criticism over the implementation of the scheme. Technical errors have plagued the scheme since its roll out, with farmers suffering because of glitches ranging from duplication of names in lists to incorrect Aadhaar details. VK Gautam applied for 15-day...
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Aadhaar or else -Jean Dreze
-The Indian Express In Jharkhand, ABBA was first made compulsory for PDS users in Ranchi district in August 2016. By June 2017, it was mandatory in about 80 per cent of the ration shops across the state. This meant, of course, that Aadhaar itself was compulsory — no Aadhaar, no food. Recent events in Jharkhand shed some useful light on the damage done by compulsory biometric authentication in the Public Distribution...
More »Where Do Nepal and Bhutan Stand One Year After Demonetisation? -Devirupa Mitra
-TheWire.in While Nepal is still awaiting a way to return the banned notes, Bhutan has curbed the use of the new high-denomination notes. New Delhi: When Prime Minister Narendra Modi announced that India would demonetise over 80% of its bank notes on November 8, 2016, two neighbouring nations were also taken by surprise. Nepal and Bhutan both have significant reserves and usage of Indian currency, with the latter giving it the status of...
More »Jean Dreze, development economist, interviewed by Ankita Virmani (Firstpost.com)
-Firstpost.com Development economist Jean Dreze has been vociferous critic of the Narendra Modi government's demonetisation of Rs 500 and Rs 1,000 notes a year back. He had famously warned that "demonetisation in a booming economy is like shooting at the tyres of a racing car". A year on, it seems his caution has come true. In the first quarter of the current financial year, the GDP growth slowed to a three-year...
More »Note ban anniversary: RBI says still verifying returned notes
-PTI NEW DELHI: Nearly a year after Prime Minister Narendra Modi announced demonetisation, the Rs 500 and Rs 1,000 bills returned to banks are still being "processed in all earnest" through a sophisticated currency verification system, the RBI has said. In reply to an RTI query, the central bank said it has processed about 1,134 crore pieces of Rs 500 notes and 524.90 crore pieces of Rs 1,000 junked notes, having face...
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