-The Hindu Marginal farmers, landless too add numbers: study As the farmers’ protest against the Centre’s farm laws at the State borders of Delhi is about to complete a year, a recent socio-economic study by researchers associated with the Punjabi University at Patiala says most of those who lost their lives during the movement are “small and marginal farmers” and “landless cultivators”. The study titled “Separating Wheat from the Chaff: Farm Laws, Farmers’...
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Explained: Why Lowest Bid May No Longer Be Enough To Win Govt Tenders As Centre Makes Quality Move
-news18.com The Modi govt has introduced quality-cum-cost based selection as a mode for awarding contracts, which means lowest-cost bid is no longer the chief criterion If the quality of execution has not always been regarded as the forte of public works in India, a key reason is the tendering guidelines, which said that contracts have to go to the lowest bidder. However, this stipulation, known as the L1 approach, is now no...
More »After 5 years of demonetisation, black money is very much around -Dinesh Unnikrishnan
-MoneyControl.com The Narendra Modi government expected demonetisation to extinguish at least Rs 3-4 lakh crore of black money. However, RBI data show that 99% of the money that was invalidated came into the banking system. Meanwhile fresh seizures of black money continue. On November 8, 2016, Prime Minister Narendra Modi appeared on national television and said that all Rs 500 and Rs 1,000 notes would become invalid at midnight. The announcement at...
More »Five years since demonetisation: What has changed? -Roshan Kishore
-Hindustan Times While demonetisation was subsequently described as a policy boost to promoting digital payments, the original policy had very different stated targets. November 8, 2021 marks five years of demonetisation in India. On this day in 2016, in a televised address at 8 pm, Prime Minister Narendra Modi declared that currency notes of ₹500 and ₹1000 -- these two denominations were 86% of the currency in circulation at the time in...
More »No respite for Chennai as new Bay system gathers pace
-The Hindu IMD issues red, orange alerts for November 10, 11; Extremely heavy rains possible in Chennai and neighbourhood For the second day, many parts of Chennai were inundated as intermittent showers continued through Monday. However, the water level had receded at several locations that had reported severe inundation on Sunday. However, the city and its neighbouring districts are likely to face more days of intense rains. With a fresh weather system brewing...
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