-The Hindu Without regulation, the situation could spiral out of control Recently, a professor at a business school allegedly misused his faculty position to provide fake certificates to students whom he had compelled to attend an online course that he taught. He essentially took advantage of India’s rising pre-pandemic gig economy in education. When authorities at the institution discovered the racket, they suspended him. This is a cautionary tale for the global...
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In rural India, over-reliance on digital Technology has worsen financial exclusion -Rajendran Narayanan and Sakina Dhorajiwala
-The Indian Express A technological intervention must have a governance framework in which protection of rights must be fundamental and which provides more choices to the marginalised. Remember the early days of the internet, when it took several minutes to connect to the web through a dial-in modem? Or when you had to wait in line at an STD booth to make an outstation call? Since then, we have made massive strides...
More »‘Work from home’ part of new service norms
-The Hindu Draft Model Standing Orders are out New Delhi: The Union Labour and Employment Ministry has sought comments and objections on the draft Model Standing Orders, which are the legally-binding documents that govern service conditions of workers, for the service, manufacturing and mining sectors, a Ministry statement said on Saturday. The Ministry published the drafts on December 31, 2020, inviting comments from stakeholders for 30 days. “Keeping in view the needs of the...
More »Anything but samvad -Avijit Pathak
-The Tribune Democracy is not about oratorical skills, it requires mindful listening Prime Minister Narendra Modi, as it is said, is an excellent orator. The other day, while laying the foundation stone of the new Parliament building, Mr Modi, with his characteristic style, invoked Guru Nanak, reminding us of the great saint’s message: “Jab tak sansar rahe, tab tak samvad rahe”, and stressed on the need for dialogue to preserve the ‘soul...
More »USD 271 bn consumer spending to shift from cash to cards,digital payments by 2023 in India:Accenture
-PTI/ The Hindu The report is based on a survey of 120 payments executives at banks globally regarding the transformation of their payments business About 66.6 billion transactions worth USD 270.7 billion are expected to shift from cash to cards and digital payments by 2023 in India, and further increase to USD 856.6 billion by 2030, a report by Accenture said on Tuesday. This rapid shift to digital payments due to the COVID-19...
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