A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
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NR Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy (NIPFP) and author of the series presented in a report to the National Statistical Commission, interviewed by Abhishek Waghmare (Business Standard)
-Business Standard "Under the new GDP series, there has been reallocation of a few items from one sector to another, from services to manufacturing sectors" The back series data of GDP released recently by a panel of experts has evoked sharp reactions among political circles and experts. N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report...
More »Roughly one-third of offenders who committed online harassment were unknown to their victims, shows recent LIRNEAsia report
Good news about digital inclusion often leaves little room for reporting on bad experiences, which netizens encounter in the digital world. A recent report by LIRNEAsia – an ICT [information and communication technology] policy and regulation think tank working in the Asia-Pacific – says that almost one among five Indian netizens in the age-group 15-65 years had faced online harassment in 2017. In contrast, roughly twelve out of hundred internet...
More »'NDA's economic policies have hit village economy'
-The Hindu ‘BJP is being discussed only for its religious agenda’ MANGALURU (Karnataka): The decisions on economic policy taken by the Bharatiya Janata Party-led National Democratic Alliance Government at the Centre in the second half of its rule has hit the rural economy in a hard way, said theatre personality and Gandhian Prasanna here on Sunday. During his interaction with a group of people at the University College auditorium, Mr. Prasanna said that...
More »Rs 1 billion needed to recalibrate 240,000 ATMs for new Rs 100 notes -Nikhat Hetavkar & Arup Roychoudhury
-Business Standard The difference in dimensions of the old and new Rs 100 notes could pose a serious problem Mumbai/ Delhi: New Rs 100 notes will require a recalibration of 240,000 automated teller machines (ATMs) across the country, and the process will cost the industry about Rs 1 billion and take more than a year, said ATM operators. The Reserve Bank of India (RBI) announced on Thursday it would soon release lavender-coloured Rs...
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