-The Indian Express Given the slow pace of currency printing and indications from govt sources, it is unlikely that there will be full replacement of banned notes As currency in circulation is about 20 per cent lower than the levels at the beginning of November 2016, the sharp decline in the pace of remonetisation over the past few weeks and indications from government officials suggest that the government and the Reserve Bank...
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Demonetisation: Cash withdrawals in March nearly the same as last year -Mahua Venkatesh
-Hindustan Times Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same month last year. Cash transactions are back in vogue despite the government’s push for a less-cash economy post-demonetisation, Reserve Bank of India (RBI) data on ATM cash withdrawals indicate. Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same...
More »Why Are Cesses Meant For Workers' Social Security Being Abolished? -Bharat Dogra
-TheWire.in After the government cancelled certain cesses that were meant for labourers’ welfare in preparation for the GST, activists suspect that many such moves may be around the corner. Assaults on the hard-earned rights of several categories of workers have been on the rise in recent times, evidenced by the cancellation of cesses meant to be utilised for workers’ social security. If left unchecked, such changes can lead to much bigger losses...
More »Agrarian crisis: Serious drought looms large over South India -Bharani Vaitheesvaran
-The Economic Times ARIYALUR: Everyone else may love a good drought, but not the victims who stare at a dim future. As serious drought looms large over South India, farmers live in distress and despair fearing a steep drop in acre age and yields. There may have been a few temporary measures by governments to compensate the dam ages, but that may be too little too late. ET's team of reporters walked...
More »Left-led Kerala govt will be first in country to provide insurance, free medical treatment for migrant workers -Rejimon K
-Firstpost.com Bhupesh Roy is from Assam but he is a long way from home. He has been working in the southern state of Kerala in the construction sector for the past four years and earns around Rs 500 a day, for an average of 20 days a month. “Two months ago, I fell sick. I had food poisoning and was admitted to hospital. I had fever too. For a week, I...
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