-Business Standard Although the rate of cash circulation has surpassed the pre-demonetisation level, it is not in tandem with the rate of economic growth Automated Teller Machines (ATMs) across various states are running dry with the present situation reminiscent of demonetisation of high-value currency notes one-and-a-half years back. States, including Gujarat, Uttar Pradesh, Madhya Pradesh, Bihar, Andhra Pradesh, Manipur and Telangana, have reported shortage of cash at ATMs. A stock-taking analysis submitted by...
More »SEARCH RESULT
Undo the wrong -Faizan Mustafa
-The Indian Express An ordinance to overturn the Supreme Court order on SC/ST Atrocities Act is much needed The controversial judgment on the SC/ST Atrocities Act has yet again brought to the foreground the faultlines of our democracy. A cornered government, anticipating political repercussions, has moved the apex court for a review of the judgment. In its written submissions, it has stated that the judgment has created disharmony in society and violated...
More »48 MPs, MLAs Facing Charges Of Crimes Against Women: ADR
-Outlook In the last five years, among the major parties, the BJP has given tickets to 47 candidates who are facing cases of crime against women while 35 and 24 such candidates were given ticket by BSP and Congress respectively. The Association for Democratic Reforms (ADR) has revealed that out of 1580 MPs, MLAs with declared criminal cases, 48 are facing charges related to crimes against women, including rape charges. As per...
More »NREGA v minimum farm wages: How jobs Act is losing out to funds crunch -Shalini Nair
-The Indian Express After the Finance Ministry rejected the recommendations of two recent government panels, MGNREGA workers in 10 states will get no raises in 2018-19. Minimum farm wages are now higher in many states. The last time the union government brought MGNREGA wages at par with minimum agricultural wages was in 2009. Two years later, in 2011, only four states — Kerala, Goa, Haryana and Mizoram — had minimum agricultural wages...
More »15 theories about why India is facing a cash crunch a year and a half after demonetisation -Rohan Venkataramakrishnan & M Rajshekhar
-Scroll.in From ATM logistics to deliberate lack of supply to Nirav Modi, there are many explanations for the shortage. One of the most unusual things about the cash crunch that is affecting a number of Indian states, which the government officially acknowledged on Tuesday, is that the causes of the shortage are unclear. In various statements, government officials have pointed the blame at an “unusual spurt” in currency demand, although they...
More »