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One year after demonetisation: Credit card use up but balance due surges by 39 per cent -George Mathew

-The Indian Express In fact, card outstandings have shot up by 77.74 per cent in the last two years, from Rs 33,700 crore in September 2015. Mumbai: Nearly A year after demonetisation, credit card usage has seen a sharp rise with outstandings rising 38.7 per cent during the 12 months ended September 2017. The total credit card outstandings - money spent by card holders and not repaid to the card company or...

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Doctor call on stent prices

-The Telegraph New Delhi: A group of Indian doctors has urged the Narendra Modi government to resist any US government or industry pressure to reverse its decisions earlier this year to impose price caps on coronary stents and knee implants. The Association of Doctors for Ethical Practices (ADEH) said on Wednesday that it is hoping the Indian government will "remain firm" on its decision to cap the prices of the devices because...

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Crime scan on MPs

-The Telegraph New Delhi: The Supreme Court on Tuesday asked for details of members of Parliament alleged to have crime records and the status of trials pending against them following claims that more than one in every three lawmakers in Parliament had criminal antecedents. Justices Ranjan Gogoi and Navin Sinha, who were hearing a batch of petitions seeking a lifetime ban on convicted persons from contesting Assembly or parliamentary elections, asked petitioner...

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UNESCO's Education Monitoring Report Points to Growing Inequality in Education in India

-Newsclick.in The report points out to the growing inequality in education in India. “While the gap in access to higher education remains large, the gap in access to institutions of good quality is pronounced, and very dependent on ability to pay.” UNESCO’s Global Education Monitoring Report which came out this week points out to the various problems in the education system in India. The report calls high stakes tests and tuition as...

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Madhya Pradesh: Compensation scheme for farmers falls prey to trader cartels -Sayantan Bera

-Livemint.com Madhya Pradesh government had launched the compensation scheme to ensure that farmers receive minimum support price for pulses and oilseeds New Delhi: An ambitious scheme launched by the Madhya Pradesh government to ensure that farmers receive minimum support prices (MSP) for pulses and oilseeds is falling prey to trader cartels, suggest price data from wholesale markets and testimonies by farmer organizations. Following a sharp fall in crop prices over the past year...

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