-PTI Currency with the public has reached a record high level of over Rs 18.5 lakh crore, more than double from a low of about Rs 7.8 lakh crore it had hit post-demonetisation decision in late 2016, as per RBI data. At the same time, the total currency put in circulation by the Reserve Bank has also more than doubled to over Rs 19.3 lakh crore -- from a low of about...
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The wait for deep agricultural reforms -Siraj Hussain
-Livemint.com While there are several creditable achievements, it is the deeper structural reforms where expectations from a strong government have not been met Amidst expectations of a magical transformation of the Indian economy, the Narendra Modi government took over the reins in May 2014. During the election campaign, people were led to believe that the Gujarat model of agricultural development, which delivered 8% growth in agriculture during fiscal years 2003-14, would be...
More »Dr. Samir Chaudhuri, paediatrician and founder of Child in Need Institute (CINI), interviewed by Civil Society News (New Delhi)
-Civil Society News New Delhi: In 1974, Dr Samir Chaudhuri, a paediatrician working in Kolkata’s slums, founded Child in Need Institute (CINI) to tackle the many dimensions of child malnutrition. It struck him at the time that malnutrition wasn’t just a clinical problem but a complex phenomenon rooted in gender issues. Over the years, led by Dr Chaudhuri, CINI developed deep understanding of the social, economic and political underpinnings of malnutrition...
More »Demonetisation effect: Demand for cash rises 7%, says RBI -Advait Rao Palepu
-Business Standard Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially. Mumbai: People’s demand for cash continues to head northwards compared to pre-demonetisation levels despite the frequency of digital transactions going up and a substantial increase in bank deposits since November 2016. Currency with the public (CwP), or people’s demand for cash or currency, is 7...
More »Rs 33,000 crore boost to agriculture: Here's how Modi plans to double farmers' income by 2022
-The Financial Express The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the continuation of the Agri-umbrella programme, ‘Green Revolution — Krishonnati Yojana’ for two more years. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the continuation of the Agri-umbrella programme, ‘Green Revolution — Krishonnati Yojana’ for two more years with an outlay of Rs 33,000 crore. The programme merged 11 schemes for a holistic and scientific approach towards...
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