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Salt to the wound -Prabhat Patnaik

-The Indian Express Government could have undone the damage of demonetisation through the budget. The opportunity has been missed in deference to the whims of global finance. Since 97 per cent of the value of demonetised currency has returned to the banks, causing, contrary to the government’s expectations, very little extinction of currency, it is obvious that demonetisation has totally failed to achieve its purported objective of denting the black economy. It...

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Rewiring the WTO -Biswajit Dhar

-The Hindu Growing disenchantment with the existing model of globalisation is also a historic opportunity to frame new rules granting equal opportunities to all in the global marketplace The visit of Roberto Azevêdo, Director General of the World Trade Organisation (WTO) to India, from February 8, comes at a juncture when the framework of global trade rules is undergoing a shake-up. The Trans-Pacific Partnership (TPP) — which had almost become the standard...

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SC gives Narmada oustees Rs. 60 lakh and 2 months time -Bhadra Sinha

-Hindustan Times The Supreme Court brought curtains on a decade-old litigation started by the families affected by the Sardar Sarovar project on Narmada River as it directed payment of final compensation to the oustees, also paving way for the dam to operate at its full capacity. A bench headed by Chief Justice JS Khehar ordered payment of Rs 60 lakh each to 681 families in Madhya Pradesh who did not receive compensation...

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Government makes Aadhaar mandatory for availing PDS foodgrains

-PTI NEW DELHI: After cooking gas LPG, the government on Thursday made Aadhaar mandatory for availing subsidised foodgrains from the ration shops with a view to better the target of Rs 1.4 lakh crore subsidy under the food security law. The government has given time to those not having the biometric-based unique identification number to apply for Aadhaar by June 30. The government issued a notification to this effect but did stop short...

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In a Jharkhand village, Adivasis have received bank cards - but not the education to read them -Anumeha Yadav

-Scroll.in The Paharia Adivasi community says they are cheated in their banking transactions and don't know what to do with the debit cards. Just days after the Central government’s demonetisation announcement on November 8 kicked off a major push for digital payments, Kusheshwar Paharia, a resident of Nathgoda village in Jharkhand’s Godda district, received a thick packet in the mail. It contained a letter from the State Bank of India, with which he...

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