-The Hindu Arvind Subramanian brought heft and pizzazz to his role as CEA — but who was listening? Arvind Subramanian has had quite a paradoxical tenure as the Chief Economic Adviser (CEA) to the Finance Minister. While he brought a lot of pizzazz and heft back to the usually staid Economic Surveys and lent his voice to a number of pressing economic issues, the government repeatedly failed to heed his advice or...
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Ahmedabad District Cooperative Bank collected highest amount of banned notes among DCCBs: RTI reply
-IANS A district cooperative bank, Ahmedabad District Cooperative Bank (ADCB), netted the highest deposits among such banks of old Rs 500 and Rs 1,000 notes that were abruptly demonetised on November 8, 2016, according to RTI replies received by a Mumbai activist. ADCB secured deposits of Rs 745.59 crore of the spiked notes -- in just five days after Prime Minister Narendra Modi made the demonetisation announcement. All the district cooperative banks...
More »The Great Transparency 'Jumla'
-Newsclick.in Electoral bonds are neither 'transparent' nor 'anonymous'. In the latest revelation, file notings of the Election Commission of India (ECI) have showed that it had decided against uploading a letter – which talked about its reservations regarding the Finance Act, 2017 and introduction of the electoral bonds – on their website. The notings have been disclosed through a response to an application under the Right to Information Act (RTI) filed by...
More »Is There a Monopoly on Vocational Training in India? -Anand Chandrasekhar
-TheWire.in Has Switzerland’s eagerness to export its vocational training and education model to India led to an unsatisfactory compromise that ultimately hurts the battle against poverty: granting a private company exclusive rights to the curriculum developed with Swiss taxpayers’ money? This year, India and Switzerland will celebrate 70 years of a Friendship Treaty that was signed by the two countries in 1948. A decade ago, the 60th anniversary of the Treaty was...
More »Currency with public doubles from demonetisation low; hits record at over Rs 18 lakh crore
-PTI Currency with the public has reached a record high level of over Rs 18.5 lakh crore, more than double from a low of about Rs 7.8 lakh crore it had hit post-demonetisation decision in late 2016, as per RBI data. At the same time, the total currency put in circulation by the Reserve Bank has also more than doubled to over Rs 19.3 lakh crore -- from a low of about...
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