-The Hindu Business Line Home-grown payment systems Corner over 60% of digital transactions New Delhi: India’s own Bharat Interface for Money (BHIM) and RuPay cards have garnered over 60 per cent market share of the digital transactions business, pushing back global giants such as Mastercard and Visa. BHIM is a UPI-based payment interface that allows real-time fund transfer using a single identity, typically a mobile number or a name. Unified Payments Interface (UPI)...
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Havoc unleashed by demonetisation evident to everyone now, says former PM Manmohan Singh
-ThePrint.in In a statement issued on the second anniversary of demonetisation, former PM Manmohan Singh urged against ‘unorthodox, short-term economic measures’. Today marks the second anniversary of the ill-fated and ill-thought demonetisation exercise that the Narendra Modi government undertook in 2016. The havoc that it unleashed on the Indian economy and society is now evident to everyone. Notebandi impacted every single person, regardless of age, gender, religion, occupation or creed. It is often...
More »Three schools from Delhi have made it to the nationwide list of top 12 government schools -Janane Venkatraman
-The Hindu One student is making a drone, another a dancing robot. Scenes from two government schools in Delhi The walls of the entryway of the school are covered with bright charts that talk about everything from sustainable development and ‘Swachh Bharat’ to ‘happiness goals’ and exam schedules. The cream-coloured floor gleams and the sun peeps out from the clouds behind the rows of students — dupattas pinned, shirts tucked in, not...
More »Demonetisation: A circus, clowns and a silver bullet -James Wilson
-National Herald Two years after the disastrous demonetisation, the Prime Minister and his Finance Minister—even the fawning media— no longer speak of the ‘Demonetisation Dividend’. There has been none Two years back, on November 8, at around 8.30 pm, the Prime Minister of India, with his characteristic love for drama, unleashed on the country what he had then claimed was the one silver bullet which would eliminate the triple evils of...
More »Is food inflation round the Corner? -Harish Damodaran & Parthasarathi Biswas
-The Indian Express First, it was low prices and, now, with soaring input costs, farmers may cut back on sowings Nashik/ New Delhi: During much of the current government’s tenure, Indian farmers have suffered from poor crop realisations, partly due to the crash in global agri-commodity prices after around April 2014 and aggravated by demonetisation and GST (goods and services tax) that have depressed sentiment in predominantly cash-based produce markets. One indicator...
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