-Livemint.com Mere demonetization would not serve the purpose, it would have to be taken in conjunction with other measures to correct systemic faults and not just destruction of cash Most of the country and even foreigners are going gaga over the move by the government to demonetize high-denomination notes. A presumption has been made that they mostly reflect black money or unaccounted wealth. A bold move indeed and there are many who...
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Plight of the migrants: Jobless labourers return home after demonetisation
-Hindustan Times Plight of the migrants: Jobless labourers return home after demonetisation Twenty-three-year-old Avinash Kumar is planning to postpone his sister’s marriage. The money he had saved, working at a sweatshop in New Delhi’s Mongolpuri, is all but gone. Kumar lost his job in about two weeks from the time Prime Minister Narendra Modi announced a ban on Rs 500 and Rs 1,000 notes, in a move that he termed as the biggest-ever...
More »Rs 1 lakh crore: fall in bank credit growth in fortnight after Nov 8 -George Mathew
-The Indian Express Banks are now caught in a dilemma even as they stare at a decline in loan growth — considering the surge in deposits since November 9. Mumbai: Struggling to cope with bad loans and the aftermath of the demonetisation decision, Indian banks have taken a hit on lending. Loan growth plunged by Rs 1 lakh crore in the fortnight that ended November 25, according to estimates. According to...
More »Unlearn ABC of pre-school teaching -Basant Kumar Mohanty
-The Telegraph New Delhi: Pre-school kids who have a better understanding of concepts like distance and shape have a higher chance of excelling in studies in later years, a new study has concluded. Rather than numbers and alphabets, the stress should be on helping children understand these concepts, a key person behind the exercise told The Telegraph. The Indian Early Childhood Impact Study assessed around 13,000 five-year-olds from Assam, Rajasthan and undivided Andhra...
More »Supreme Court asks for constituting State Food Commission to implement NFSA
As per the Section 16 of National Food Security Act (NFSA), for the purpose of monitoring and review of implementation of the Act, every state shall, by notification, constitute a State Food Commission (SFC). However, based on the minutes of a meeting that was held by the Secretary in the Ministry of Food and Public Distribution on 9th November, 2016, the Attorney General of India has informed a two-judge Supreme Court...
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