-The Hindu PoS devices’ demand falls on remonetisation, user charges Cash transactions are beginning to trump almost every form of digital payment alternative with April clocking a decline in volumes as well as value of transactions conducted through cards, mobile banking and the Unified Payment Interface (UPI). The trend assumes significance six months after the Centre announced demonetisation of ?500 and ?1,000 notes on November 8. The near-completion of the remonetisation process and merchants...
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Deposit gush: CA Institute bats for special audit -KR Srivats
-The Hindu Business Line Need to assess impact of demonetisation on banks, says ICAI chief Vikamsey New Delhi: The CA Institute has urged the Finance Ministry and the Reserve Bank of India (RBI) to allow its members to undertake focused “special audit” of deposit flows into the banking system during the demonetisation period, which started on November 8 and ended on December 31 last year. There is a need to assess the demonetisation...
More »Will Modi Be Able to Provide Housing For All? -Bilal Khan and Ane Gupta
-TheWire.in A number of internal loopholes within the Housing for All scheme seems to be denying housing to those who need it most. “We have a dream for 2022. The poorest of poor should have a house of his own. And that house must be equipped with electricity, water and other facilities. There should be hospitals and schools in the neighborhood”. This is what Prime Minister Narendra Modi said on the occasion...
More »Discrimination against girl child still continues in Odisha -Hemanta Pradhan
-The Times of India BHUBANESWAR: A newborn baby girl was found alive on Saturday morning after being buried in a manure heap at Shyamsundarpur village in Jajpur district. This incident stunned the people of the state. Child rights activists said the state needs to do more campaigns to save the girl children. Campaign Against Child Labour state convener Sudhir Kumar Sabat said the state government claims that it has sealed nursing homes...
More »Rising urban consumption revives ragi crop production -Soumya Gupta
-Livemint.com Major consumer goods players have caught on to the emergence of ragi as an alternative food, triggering production of the millet crop in India New Delhi: Just like the humble quinoa, which has risen to global prominence as a ‘super food’, ragi or finger millet was once a subsistence crop—a poor man’s staple. For the last four years or so, all that has changed. “Demand for ragi has come back as people are...
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