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Six years since demonetisation, cash with public at record high of ₹30.88 lakh crore

-PTI/ The Hindu The intent of the move, which was criticised by many experts for poor planning and execution, was to make India a "less cash" economy. Currency with the public has jumped to a new high of ₹30.88 lakh crore as of October 21, illustrating that cash usage is still robust even six years after the demonetisation move. At ₹30.88 lakh crore, the currency with the public is 71.84% higher than the...

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What FMCG companies have to say about rural demand

-Livemint.com Most companies flagged a sluggish rural demand in the September quarter that impacted their quarterly volumes. However, most expect some form of recovery in demand in the second half of the financial year New Delhi: September quarter earnings of fast moving consumer goods companies helped zoomed in on the demand environment in rural markets that remains squeezed due to high inflation. Most companies flagged a sluggish rural demand in the September quarter...

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New drought monitoring tool gives hope of better preparation, mitigation at farmer level -Shagun

-Down to Earth State-level workshops will be conducted to help users interpret data from the system A new satellite-based drought-monitoring tool will be able to indicate the presence of drought and its level of severity, providing authorities the maximum possible lead time to put mitigation strategies into place in India and across South Asia.  In India, the South Asia Drought Monitoring System (SADMS) was developed by the International Water Management Institute (IWMI) and...

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SC orders status quo on approval to GM mustard

-Hindustan Times The Supreme Court on Thursday sought the Centre’s response to an application seeking moratorium on the release of genetically modified (GM) mustard even as the Centre assured there will be no “precipitative action” from its end till November 10, the next date of hearing. The Supreme Court on Thursday sought the Centre’s response to an application seeking moratorium on the release of genetically modified (GM) mustard even as the Centre...

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Conundrum of Dharavi Redevelopment: A Case of Systematic Displacement of Workers From Mumbai -Shweta Damle

-newsclick.in White the redevelopment plan of Dharavi is likely to go ahead, issues related to rehabilitation of workers without proof of the tenement are a major worry. The redevelopment of Dharavi has been in waiting for close to two decades. Dharavi Development Plan (DDP) announcements in the past have been closely related to elections. It has again made it to the headlines because of the impending municipal elections in Mumbai and the...

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