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Would the government have brushed aside the Reserve Bank of India if it had objected to demonetisation, Supreme Court asks Centre

-The Hindu The question came in response to the Attorney General’s statement that the government and the RBI had ‘acted in consultation’ to notify demonetisation in November 2016 The Supreme Court on Monday asked the government whether it would have brushed aside objections from the Reserve Bank of India (RBI) had the Central bank opposed the demonetisation policy. The question from the Constitution Bench led by Justice S. Abdul Nazeer came after Attorney...

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Digital Divide: Tech Access Limited to Male, Urban, Upper Caste & Class, Says Oxfam Report

-PTI/ newsclick.in Percentage of men owning phones in India is as high as 61% while only 31% of women owned phones in 2021. New Delhi: The percentage of men owning phones is as high as 61% while only 31% of women-owned phones in 2021, according to a new report, which claimed that India's growing inequalities based on caste, religion, gender, class, and geographic location are being worryingly replicated in the digital space. Oxfam...

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Eminent Economists Recommend More Pensions, Maternity Benefits in Next Budget

-newsclick.in In an open letter addressed to Nirmala Sitharaman, 51 eminent economists have flagged less contribution to NOAPS and the lack of action on ensuring maternity benefits. Several prominent economists have proposed to the Union finance ministry to increase social security pensions and make adequate provisions for maternity benefits in the 2023-24 Union Budget. In an open letter addressed to Union finance minister (FM) Nirmala Sitharaman, 51 eminent economists—including Abhijeet Singh (Stockholm School...

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RBI recommended demonetisation: Central bank rules out ‘administrative impropriety’ on part of Govt

-Moneycontrol.com A five-judge Constitution Bench of the Supreme Court was hearing a batch of 58 petitions that challenged the Union Government’s decision to demonetise Rs 500 and Rs 1,000 currency notes six years ago. Junking allegations of any procedural lapses by the Centre during the demonetisation in November 2016, the Reserve Bank of India told the Supreme Court on December 5 that the central bank itself had recommended the Government of India...

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What Centre Told Supreme Court On Pleas Challenging Demonetisation

-PTI/ NDTV.com The Centre said judicial review of an economic policy may be restricted to where the court may only determine if there is a rational nexus with the object sought to be achieved through the means. New Delhi: Fake currency, terror financing and black money are three evils and are like 'Jarasandha' (an antagonist in Mahabharat) and should be cut into pieces, the Centre told the Supreme Court on Monday while...

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