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Parliamentary panel to question RBI Governor Urjit Patel on demonetisation today

-The Indian Express The panel members have planned to ask Urjit Patel questions regarding RBI's preparedness for digital transition. They will also question about how much money has come back into the system after the November 8 decision to place the existing currency notes of Rs 1000. Reserve Bank of India (RBI) Governor Urjit Patel will appear before the Parliamentary panel on Wednesday to respond to clarifications demanded by the panel on...

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From manual scavenger to professor, the journey of Kaushal Panwar -Ashwaq Masoodi

-Livemint.com Despite facing discrimination at every step, Kaushal Panwar managed to achieve her dreams. But she says her identity, for people around her, is still that of a Dalit. It’s like hitting a brick wall with bare fists. You could just give up, thinking you’ll make no more than a scratch. Or you could smash through one day, with the help of a chalk and a slate. When the little Dalit girl first...

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GST: PDS shops down shutters in Shimla -Bhanu P Lohumi

-The Tribune Shimla: A large number of ration cardholders have been deprived of subsidised ration due to the closure of fair price shops ever since the rollout of the GST. In Shimla, shutters on more than 50 per cent shops under the public distribution system (PDS) are down with a notice that the sale had been closed due to the GST. Consumers are taking rounds of the PDS shops, but no ration is...

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Muddled nutrition in Delhi ends up in PIL

-CivilSocietyOnline.com New Delhi: An estimated 50 percent of children in the National Capital Territory of Delhi are undernourished, but a State Food Commission that can address the problem has not been set up. The Food Security Act of 2013 stipulates the setting up of food commissions in the states to monitor mid-day meals served in government schools and supplementary nutrition provided in anganwadis, which are mother and child care centres. It has been...

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Declining bank credit indicates poor economic performance

Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...

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