-Business Standard Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially. Mumbai: People’s demand for cash continues to head northwards compared to pre-demonetisation levels despite the frequency of digital transactions going up and a substantial increase in bank deposits since November 2016. Currency with the public (CwP), or people’s demand for cash or currency, is 7...

-The Indian Express Women form 80 per cent of urban migrants, but public policy is blind to their concerns. A recent UN report says India is on the “brink of an urban revolution”, as its population in towns and cities are expected to reach 600 million by 2031. Fuelled by migration, megacities of India (Delhi, Mumbai and Kolkata) will be among the largest urban concentrations in the world. Interestingly, the 2011 Census...

-Business Standard India studied the Malaysian model before implementing the GST and borrowed the anti-profiteering clause to ensure GST benefits are passed on to the end-consumer by the industry New Delhi: Malaysia deciding to scrap the goods and services tax (GST) on Wednesday, three years after its roll-out, may prompt India to tread with caution over the next few years to stabilise the new indirect tax regime implemented in July last year. Although...

-TheWire.in Figures highlighted in an RTI reply cut to the heart of a debate over the government’s assertion to count Mudra loan beneficiaries as employed. New Delhi: Struggling to deliver on the poll promise to create one crore jobs a year, the Narendra Modi government and the BJP may have found a face-saver in the flagship self-employment Mudra scheme, launched under the Pradhan Mantri Mudra Yojana (PMMY) in 2015. However, three years in,...

-The Hindu Business Line The surge in non-farm employment has led to a rural consumption splurge, making listed companies bullish Is rural India languishing in abject misery, or is it on a cheerful spending spree? Today you can get diametrically opposing views on this, depending on where you get your information. If you are an avid follower of news, then you would be firmly in the pessimist camp, having read all about...