-National Herald The combination of ignorance, arrogance and the desire for “shock and awe” on the part of Modi government can be quite lethal, as the Indian people have learned to their great cost In the entire history of post-independence India, no single economic measure has been as devastating for the people and as utterly futile in achieving its stated objectives, as the demonetisation of currency notes of Rs 500 and Rs...
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RBI imposes severe restrictions on this bank, imposes Rs 1,000 cap on withdrawals — check details
-PTI/ Financial Express As per the directions, the bank shall not, without the prior approval of the RBI, grant or renew any loans and advances, make any investment, incur any liability, and disburse or agree to disburse any payment. The Reserve Bank of India (RBI) on Friday imposed several restrictions on Laxmi Cooperative Bank Ltd, Solapur, including a Rs 1,000 cap on withdrawals for customers, due to deterioration in its financial position. The...
More »Rs.2 Lakh For Every Protester Arrested In Delhi Tractor Rally: Punjab -Mohammed Ghazali
-NDTV.com Farmers especially from Punjab and Haryana have been camping around Delhi for a year in protest against three new farm laws Chandigarh: The Punjab government has announced financial help for 83 people arrested in Delhi after violence broke out during a farmers' tractor rally on Republic Day this January. The move is likely to spark a controversy and set up Punjab's Congress government and the centre for a new battle. Farmers especially...
More »Pronab Sen, Programme Director for the IGC India Programme and first Chief Statistician of India, interviewed by Vikas Dhoot (The Hindu)
-The Hindu The ill-prepared move left India with all the damages and very few of the benefits On November 8, 2016, Prime Minister Narendra Modi announced that from midnight, ₹500 and ₹1,000 notes would no longer be considered legal tender in India. The government’s stated aim was to curb corruption and the pervasion of black money in the economy, as well as the proliferation of fake currency which was also being used...
More »UNHCR: Conflict, violence, climate change drove displacement higher in first half of 2021
-UNHCR India The trend in rising forced displacement continued into 2021 – with global numbers now exceeding 84 million – as more people fled violence, insecurity and the effects of climate change, according to the Mid-Year Trends report released today by UNHCR, the UN Refugee Agency. The report, for January-June 2021, showed an increase from 82.4 million at the end of 2020. This resulted largely from internal displacement, with more people fleeing...
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