-The Hindu Business Line It was a gratuitous and direct assault on the informal sector by the state The retrospective defence being provided by the Government for its act of suddenly demonetising 86 per cent of the country’s currency is as mindless as the act itself. The main argument for demonetisation that was advanced a year ago was that ‘black money’-holders would not dare to bring their demonetised currency to the banks;...
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The farm world still a land of cash -Vishwanath Kulkarni
-The Hindu Business Line Scars on agriculture supply chain remain a pain point for commodity prices Bengaluru: A year after demonetisation, the cash-intensive agriculture sector is yet to fully recover from the impact. Cash continues to be the preferred instrument for rural and farm transactions, while alternatives such as cheques and bank transfers are seen making their presence felt in some quarters. The cautious agri-trade is still seen struggling with inventory management, as the...
More »Demonetisation anniversary: Why less cash in itself may not necessarily mean less black money -Sunny Verma
-The Indian Express It can also mean other things such as currency shortage, transaction mode shift. The government has presented a lower cash-to-GDP ratio as a key achievement of demonetisation, and a measure of black money being checked. Economists, however, caution against reading this metric in isolation. Prime Minister Narendra Modi said last month that the cash-to-GDP ratio is down to 9% after demonetisation, from over 12% earlier. “Was it possible if a...
More »Is the National Health Insurance Scheme in Chhattisgarh Doing More Damage Than Good? -Sulakshana Nandi
-TheWire.in Studies from Chhattisgarh and other states show that most private hospitals force people to pay additional money even after using health insurance. The Rashtriya Swasthya Bima Yojana (RSBY) or the National Health Insurance Scheme, was initiated in Chhattisgarh in 2009 for below poverty line (BPL) families. In 2012, Chhattisgarh expanded the scheme to non-BPL families as well, through the Mukhyamantri Swasthya Bima Yojana (MSBY), making it a universal scheme. Under the...
More »Solar feeders to provide electricity to farmers in Maharashtra: CM
-PTI Mumbai: Maharashtra government will provide cheap and assured electricity to farmers across the state through solar feeders in the next three years, Chief Minister Devendra Fadnavis today said. He was speaking after performing the Bhumipujan (ground breaking ceremony) for first solar project under the ’Mukhyamantri Agricultural Solar Feeder’ scheme at Ralegan Siddhi. Veteran social activist Anna Hazare was also present. “The important decision of using solar powered feeders has been taken to become...
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