-The Economic Times NEW DELHI: Sixty retired bureaucrats have written to the CAG expressing concern over audit reports on demonetisation and the Rafale deal being "deliberately" delayed to not "embarrass" the NDA government till next year's general elections. In a letter, they said there was concern over the "unconscionable" and "unwarranted delay" in bringing out the audit reports on demonetisation and the Rafale fighter jet deal, and the reports should be...
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Under Modi's Crop Insurance Scheme, Premiums up 350% But Farmers' Coverage Stagnant -Kabir Agarwal and Dheeraj Mishra
-TheWire.in Premium collected by insurance companies has increased by Rs 36,848 crore, while the number of farmers covered has increased only by 0.42%, according to RTI data obtained by The Wire. New Delhi: In January 2016, Prime Minister Narendra Modi launched a revamped crop insurance scheme, his government’s flagship scheme for farmers, the Pradhan Mantri Fasal Bima Yojana (PMFBY). It would “bring about a major transformation in the lives of farmers”, Modi...
More »Groundwater depletion alarming in northwest, central India -R Prasad
-The Hindu Natural recharge during monsoon may not help much if groundwater depletion becomes acute, as rainfall of past years controls current storage With 230 billion metre cube of groundwater drawn out each year for irrigating agriculture lands in India, many parts of the country are experiencing rapid depletion of groundwater. The total estimated groundwater depletion in India is in the range of 122&NDAsh;199 billion metre cube. The Indo-Gangetic Plain, northwestern, central and...
More »Demonetisation disrupted the life of every Indian -- and failed all of its stated goals -Meera H Sanyal
-Scroll.in On the second anniversary of the note ban, banker Meera Sanyal shares her experience of writing a book on the government’s great blunder. Some incidents are hard to forget &NDAsh; the death of a loved one, the moment one falls in love, the birth of a child. They remain etched in our memories with a vividness that transcends time. Occasionally, there is an incident that imprints itself on the collective memory...
More »Study finds unemployment rate at 6.9%, a 2-year high -Rajesh Chandramouli
-The Times of India CHENNAI: Unemployment rate in the country rose to 6.9% in October, the highest in two years, according to the Centre for Monitoring Indian Economy. Worse still, the labour participation rate &NDAsh; a measure of the proportion of adults willing to work &NDAsh; fell to 42.4%, the lowest since January 2016, CMIE said. “Labour participation rate fell sharply after demonetization”, from around 47-48%, “and it has still not recovered,”...
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