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Aadhaar data to be deleted if mobile customer gives alternative KYC documents, says telecom body COAI

-PTI Government says there is no threat of discontinuation of mobile numbers issued using Aadhaar. New Delhi: Mobile service customers who want to get their Aadhaar details removed from the records of telecom operators would need to provide alternative verification documents, industry body COAI said on October 18. The Cellular Operators Association of India, as also directed by the Department of Telecom, said that the services will not be disconnected during the change...

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World Bank's 1st Human Capital Index: India lower than Bangladesh, Nepal; Finance Ministry rejects report

-The Indian Express In a statement, the Finance Ministry said the HCI score for India does not reflect the key initiatives that are being taken for developing human capital in the country. The World Bank on Thursday released its first report on Human Capital Index (HCI), which placed India at the 115th position, lower than Nepal, Sri Lanka, Myanmar and Bangladesh. Singapore topped the poll after it was highly rated for its universal...

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RBI: Loan defaults by small businesses double in a year -George Mathew

-The Indian Express RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year. Mumbai: MICRO AND small businesses continue to struggle in the wake of demonetisation and implementation of the Goods and Services Tax (GST), with the latest RBI figures...

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Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan

-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...

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Raghav Chandra, secretary of the National Commission for Scheduled Tribes, interviewed by Kumar Sambhav Shrivastava (Scroll.in)

-Scroll.in Raghav Chandra, secretary of the National Commission for Scheduled Tribes, says displaced Adivasis should not only be compensated with money but land as well. The National Commission for Scheduled Tribes has been quite proactive in the last few months. It has prevailed upon the central government to withdraw orders that it thought “diluted” tribal rights, asked states to return “unfairly acquired tribal lands”, and reminded governors of their powers to...

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