-The Hindu Deposits in Jan Dhan account have more than doubled to Rs. 87,000 crore in 45 days post demonetisation, prompting the tax department to “dissect” information relating to such deposits, a top government official said. Besides, the tax department also has data on small cash deposits between Rs.30,000-50,000 made in 4.86 lakh accounts totalling to Rs. 2,000 crore. Between November 10 and December 23, 2016, the total deposits reported is Rs. 41,523...

-The Indian Express For the poor, with little cash in the first place, digital promises to ‘swipe’ them out, before their marginalisation is even addressed. Demonetisation is, by its very nature, an autocratic, coercive step. The demonetisation of November 2016 has affected every single Indian. We are, as usual, persuaded to bear the pain and suffering, to “sacrifice” for the nation. The rhetoric continues but it now seems clear that the objective...

A press statement issued from the Right to Food Campaign on 27 December, 2016 says that the demonetisation of old currency notes of Rs. 500/- and Rs. 1000/- denomination wreaked havoc on the livelihood security of the poor people. The labouring and toiling masses, who are mostly engaged in the informal sector, have been adversely affected due to the scrapping of old currency notes of Rs. 500/- and Rs. 1000/-...

-The Telegraph Guwahati: The World Bank has warned the Assam government that the loan amount sanctioned for the Assam State Roads Project may be slashed if the pace of implementation does not improve by March 2017. In the implementation status and results report of the project, released on December 21, the bank said the Assam State Roads Project is unlikely to achieve the project development objective due to poor progress and the...

-Business Today If you want to really get smart with water, the first thing you should realise is that in most parts of India, water is abundantly available. But you also need to recall what a man named Mohandas Karamchand Gandhi had once said: "There is enough in this world for everyone's need, but not for anyone's greed". Today, what Gandhiji advised is being termed a "paradigm shift" in water management. The...