-The Telegraph New Delhi: Rahul Gandhi today accused the government of creating a grim employment situation through its lack of vision and commitment, reaffirming the Congress's persistent charge of jobless growth in the country over the past few years. "Sad to see our youth let down by this government's lack of vision. Between promises and performance lies capability and commitment," Rahul tweeted, referring to recent news reports about an employment crisis and...
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In Response To RTI, RBI Says Sharing Details Of Demonetisation Process May Hurt Country's Economic Interests -Ashwini Srivastava
-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...
More »Rich-poor divide in India widening as economy grows: Report -Chetan Chauhan
-Hindustan Times A new report examining 25 years of India’s economic liberalisation says exclusion of a large section of Dalits and Muslims have not gained adequately from the growth unlike more influential empowered sections of the society As India’s economy grew rapidly, the inequality between the richest and the poorest rose, the number of landless farmers increased and employment generation was lowest in 2015, says a new report examining 25 years...
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 »Nitish punches holes in govt's rebel policy -Imran Ahmed Siddiqui
-The Telegraph New Delhi: Bihar chief minister Nitish Kumar today highlighted "contradictions" in the Narendra Modi government's anti-Maoist policy, accusing it of stopping key security and development schemes in the rebel zones. He questioned the utility of convening security review meetings with the chief ministers of the Maoist-hit states - like the one held in Delhi today - when the Centre was not releasing funds to fight the rebels. Union home minister Rajnath...
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