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Less cash economy fails? Currency in circulation zooms 17% in FY19

-PTI Currency in circulation jumped a hefty 17% to Rs 21.10 lakh crore as of March 2019, the Reserve Bank of India said in its annual report for 2019. Mumbai: Despite many an effort to shift to digital payments and usher in a ‘less cash’ economy post-demonetisation, the currency in circulation has jumped by a hefty 17% to Rs 21.10 lakh crore as of March 2019, the Reserve Bank says in its...

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SBI aims to eliminate debit cards to boost digital payment solutions

-PTI SBI Chairman said there are around 90 crore debit cards in the country as against 3 crore credit cards, and pointed out to digital solutions like its own 'Yono' platform as the key for achieving a debit card-less country. Mumbai: If the largest lender SBI has its way, it may herald the beginning of the end of the ubiquitous debt cards from the banking system as the bank plans to promote...

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Indian media is an upper-caste fortress, suggests report on caste representation -Ayush Tiwari

-Newslaundry.com Out of 121 leadership positions surveyed in newsrooms, none are held by those belonging to Scheduled Castes and Scheduled Tribes. Three out of every four anchors of flagship debates are upper caste. Not one is Dalit, Adivasi, or OBC. Only 10 of the 972 articles featuring on the cover pages of the 12 magazines are about issues related to caste. No more than 5 per cent of all articles in English...

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It's 2019 but women barely figure in top positions, panels and pages in the media -Cherry Agarwal

-Newslaundry.com The number of women in top leadership positions across Indian newsrooms stood at 13.6 per cent for magazines, 20.9 per cent for TV channels, 26.3 per cent for digital portals and less than 5 per cent for newspapers. The media industry has long championed the cause of women’s representation—from women’s entry into Sabarimala to the Women’s Reservation Bill. However, they seem to have done little to ensure adequate representation in their...

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The makings of a digital kleptocracy -Reetika Khera

-The Hindu When data is monetised, as the Economic Survey advocates, it becomes toxic and harms public interest Last year, I was denied information requested under the Right to Information Act (RTI) 2005. I had sought the names of agencies empanelled by the Unique Identification Authority of India for an “image makeover” and the expenditure on it. It was denied by invoking the exemption clauses of Sections 8(d) and 8(j), respectively, i.e....

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