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Cash crunch continues in many states, but banks say situation improving

-Hindustan Times Empty ATMs and complaints reported from Patna to Haridwar. ATMs in Bihar, Madhya Pradesh, Uttarakhand and Gujarat ran empty on Wednesday, but banks said cash flow had improved a day after people in many parts of India struggled to get money in their hands. Public lenders State Bank of India (SBI), Punjab National Bank, Canara Bank and privately owned Axis Bank said in separate statements that only few of their ATMs...

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Local, global experts likely to be roped in for National Health Scheme -Yogima Sharma

-The Economic Times New Delhi: The government is planning to rope in domain experts from within and outside the country to ensure a smooth rollout and monitoring of ‘Ayushman Bharat’, its ambitious health insurance scheme for the poor. Niti Aayog, the government’s premier think tank, will come out with guidelines for setting up the project monitoring unit (PMU) for Ayushman Bharat, also known as National Health Protection Scheme (NHPS), an official told...

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Cash shortage likely to get worse in Delhi-NCR, Mumbai as ATMs run dry

-BusinessToday.in As the problem of sudden cash crunch hits several states of the country, India's two major regions, the Delhi-NCR and Mumbai, can severely get affected in the coming days if the situation persists. According to sources in one of the largest private banks in the country, in the past one week the Delhi-NCR region received around 20 per cent of the cash supply it used to get on a daily...

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As Empty ATMs Reported, RBI Says Shortage Due To Logistical Reasons: 10 Points -Debjani Chatterjee

-NDTV  (With inputs from agencies) As ATMs ran dry in several parts of the country, finance minister Arun Jaitley said the shortage is temporary and is being tackled quickly. New Delhi: In response to reports that ATMs in several states are running dry, Finance Minister Arun Jaitley today conceded a "temporary shortage in some areas" and said it was being "tackled quickly". The Reserve Bank of India said the shortage...

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Between 2015 & 2016, suicide by farmers fell but suicide by agricultural labourers grew

  The total number of farm suicides in the country has reduced from 12,602 to 11,370 between 2015 and 2016 viz. a fall by 9.8 percent. This has been revealed recently in a reply by the Minister of State in the Ministry of Agriculture and Farmers Welfare Shri Parshottam Rupala in the Lok Sabha. So, one may wonder why there is such a hue and cry about rural distress and agrarian crisis...

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