-The Indian Express Urjit Patel to appear before PAC on January 28, list of 10 questions sent New Delhi: THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue — from the decision-making process to the level of RBI’s involvement, impact...
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'Non-profitable' agriculture shrinking fast in hill villages
-Hindustan Times Dehradun: Digamber Negi, 37-year-old farmer in picturesque Doon Dwara village on the border of Dehradun-Tehri Garhwal districts, is cursing his fate after monkeys barged into his field a week ago and destroyed vegetable crop. Like Negi, several other villagers have similar plight to share. The village has a population of 320 people and they are dependent only on agriculture. Villagers complain that in the past one decade or so, attacks by...
More »Pronab Sen, Country director of the International Growth Centre, interviewed by Ajaz Ashraf
-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...
More »Usurers cash in as bank loans to farmers dry up -Bhavika Jain
-The Times of India MUMBAI: Demonetisation seems to have helped private moneylenders in Maharashtra. Of the Rs 13,558 crore of loans required for the rabi season, banks could disburse only about Rs 2,400 crore (18%), due to shortage of cash. Besides, there are Restrictions on district cooperative banks (DCCBs). Officials said the crisis gave moneylenders an opportunity to get rid of defunct notes as loans were disbursed in old notes and they...
More »Now, pay service charge in Restaurants at your discretion
-The Hindu Following several compaints, the govt. has asked hotels/Restaurants to prominently display that the service charge in the bill is voluntary. You, as a consumer, have the discretion to not pay ‘service charges’ added to your bill by any hotel/Restaurant, according to the government. In a statement issued on Monday, the consumer affairs department asked the state governments to advise the hotels/Restaurants to prominently display that “the service charges are discretionary /...
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