-Outlook Six months after the announcement of demonetisation by Prime Minister Narendra Modi, the RBI has declined to share details of the note ban process, saying it would be detrimental to the country's economic interests. Replying to an RTI query, the central bank said disclosing such details may impede future economic or fiscal policies of Government of India. The Reserve Bank of India (RBI) was asked to provide a copy of the minutes...
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Govt sets up task force to look into jobs data discrepancies
-PTI The government attaches the highest priority to job creation, says Arvind Panagariya The government has set up a task force headed by Niti Aayog Vice-Chairman Arvind Panagariya to recommend ways to deal with employment data discrepancies and come up with reliable solutions to promote job creation. “A task force has been created under the chairmanship of the vice-chairman, NITI Aayog Arvind Panagariya with Labour Secretary M Sathiyavathy, Secretary Statistics T C A...
More »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 »Government pushes ahead with plan for SC/ST quota in promotions -Mahendra Singh
-The Economic Times NEW DELHI: The Centre is moving ahead on the proposal to provide reservation in promotion for SC and ST employees in government jobs with a key official report saying underprivileged sections needed affirmative action. A report prepared by the department of personnel and training (DoPT), presented to Prime Minister Narendra Modi, supported quotas in promotion for SCs and STs. "For equal opportunity and inclusive growth, there is need for...
More »If Modi Really Wants Affordable Medicines, Why is His Niti Aayog Pushing in the Opposite Direction? -Anoo Bhuyan
-TheWire.in The government’s premier policy-formulating agency recently recommended measures to deregulate the pharmaceutical sector and make essential medicines more expensive. New Delhi: Even as the Prime Minister repeatedly expresses his commitment to providing affordable medicines in the country, it appears that the NITI Aayog and the Department of Pharmaceuticals (DoP) may be working in an opposing direction. Documents between October 2016 and April 2017 show the intention of various government arms to...
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