-Livemint.com Nandan Nilekani, one of the brains behind the Unified Payments Interface, on the near-term challenges of going cashless While the government’s decision to scrap Rs500 and Rs1,000 bank notes has been met with resistance from some quarters and been called too abrupt, Infosys co-founder Nandan Nilekani backed it, saying it was needed to speed up the move to a cashless economy. “There is no question that this is a very bold...
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Rs 500 and Rs 1,000 ban: Narendra Modi govt has created 50-day hawala window for old notes -Narayanan Madhavan
-Firstpost.com Think of it as a 50-over one-day cricket match, with each day equivalent to an over. The game has just begun. The government of India, popularly known as Modi sarkar, has just created a 50-day hawala window for those with black money – albeit in a loose sense. The term hawala is usually used for illegal trade in foreign exchange going back to the times before 1993 when India had tight...
More »Smog costs million kids classes and a meal -Pheroze L Vincent
-The Telegraph New Delhi: Delhi's 1,800-odd municipal schools have declared a holiday tomorrow citing predictions of "very poor" smog and the health risk it poses, but critics rued that over a million poor children would miss their midday meals. Some parents said the slum children who go to these schools would be playing on the smoggy streets anyway if classes were closed. This is the first time so many schools will close in...
More »Tribal scholarship set to be tied to NET -Basant Kumar Mohanty
-The Telegraph New Delhi: The government is set to amend the guidelines for a scholarship scheme for tribal research students, linking selections to how they score in the National Eligibility Test that aspiring college teachers need to clear. Sources in the tribal affairs ministry said the proposed guidelines - that MIGht also cap the age of applicants at 33 - could be notified before this month ends. At present, tribal candidates, irrespective of...
More »The overrated urban spinoff -Raghav Gaiha
-The Indian Express Agriculture’s contribution to poverty reduction is five times more than that of metropolitan centres Speaking at the third BRICS Urbanisation Forum in Visakhapatnam on September 14, Deputy Chairman of the Niti Ayog, Arvind Panagariya, announced that “Without cities we can’t grow rapidly”. He added, “urbanisation plays an important role in poverty alleviation”. Both claims are exaggerated and somewhat misleading. A recent report prepared for the UN points out that, over...
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