-The Indian Express Niti Aayog proposal for privatising public hospitals is ill-designed, driven by ideology more than welfare The corporate hospitals have been resting their gaze on public hospitals for long: Land, doctors and patients. Finally, in the Niti Aayog, they have found a sympathetic collaborator. As per media reports, the Aayog is all set to push states to privatise well functioning district hospitals in the Tier 2 and 3...
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ATM expansion slows due to note ban -Manojit Saha
-The Hindu Replacement of systems more than 7 years old, Centre’s digital push lead to cutting down on new installations A combination of factors, including cash crunch following demonetisation of high value notes announced in November last, have led to commercial banks cutting down on the number of automated teller machines (ATMs) particularly those not located in branches (off-site ATMs), latest RBI data showed. According to Reserve Bank of India (RBI), there were...
More »India vulnerable to cyber crime, must upgrade defence: Study
-The Times of India NEW DELHI: Demonetisation and the subsequent push for digitisation has escalated risks relating to cyber crime and India needs to urgently upgrade its defences by setting up a cyber security commission on the lines of the Atomic Energy and Space Commissions, according to an IIT Kanpur study shared with Parliament's committee on finance. Noting that the government has initiated a number of programmes to enhance the participation of...
More »India has begun to reverse 50-year-dry spell: MIT study
-PTI ‘North central region seeing much wetter pattern, with stronger monsoons over the last 15 years’ Washington: Monsoon has strengthened over north central India in the last 15 years, researchers from the prestigious Massachusetts Institute of Technology (MIT) have said, indicating a reversal in the general perception that the region has dried up in over a decade. Chien Wang, a senior research scientist in MIT’s Department of Earth, ATMospheric and Planetary Sciences, the...
More »May I Overcharge You? -Arindam Mukherjee and Lola Nayar
-Outlook Banks are fleecing customers to shore up their profits and offset the dead weight of bad loans to corporates When the GST era dawned this month, online jokesters quipped that it was the most inscrutable thing after Duckworth Lewis. But paradoxically, it may have brought a disquieting clarity to another zone of universal experience. Amid the flurry of news reports detailing what would entail a higher tax of 18 per cent,...
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