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First Time in 20 Years, Currency in Circulation Declines in a Busy Diwali Week: SBI

-The Telegraph In a remarkable development, for the first time in 20 years, currency in circulation (CIC) declined during Diwali week. With the increased acceptance of digital payments in the country, over-reliance on Cash is slowly fading away. Over the years, the Indian Cash-led economy has now changed to a smart-phone led payment economy, says a research note.   In the report, Dr Soumya Kanti Ghosh, group chief economic adviser of State Bank...

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Why Punjab’s farmers are rejecting solutions to curb stubble burning -Vaishnavi Rathore

-Scroll.in After years of criticising the state government, the AAP is now in power in Punjab. But farmers remain sceptical of the proposed solutions to the problem. In early October, the paddy in Punjab’s Sangrur district was in the final stages of ripening. Fields rippled in various shades of green and golden-brown, the latter indicating crop that was almost ready to be harvested. The picturesque landscape belied a problem that the state had...

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Effort on to end job Cash freeze -Pranesh Sarkar

-The Telegraph Have assured Giriraj of transparency, says Bengal minister Calcutta: Bengal panchayat minister Pradip Majumdar has said that he assured his Union counterpart Giriraj Singh that enough initiatives had been taken in Bengal to ensure the 100 days’ job scheme has transparency while urging him to release funds under the scheme soon. “The Union minister told me the Centre wants transparency in the implementation of the scheme. I assured him that enough...

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Valuable waste: NSO report shows cattle dung is more ‘precious’ than fodder -Prabhudatta Mishra

-The Hindu Business Line The gross value of output of dung increased 6.8% to ₹34,825.75 cr in 2019-20 from ₹32,598.91 cr in 2011-12 The gross value of output (GVO) of cattle dung estimated at ₹34,825.75 crore is more than the total value of the fodder that the cattle population consumes. Not only fodder but there are also 128 other items including maize, mustard, onion, potato, eggs, soyabean, tea, coffee and Cashew nut...

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PM expresses concern over high import bill of edible oils, fertilisers; calls for action in mission mode

-PTI/ The Tribune Says out of total imports, maximum is spent on edible oils, fertilisers and crude oil New Delhi: Prime Minister Narendra Modi on Monday expressed concern over India’s high import bill for edible oil, fertilisers and crude oil, and said there is a need to work in a mission mode to make the country self-reliant and reduce import dependence. With international energy prices soaring after the Russia-Ukraine War, India will spend...

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