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The illusion, the reality check -Pranab Bardhan

-The Indian Express Three years after the Modi government assumed office, the promise of job creation is unmet. The demon of corruption is not yet slayed As the triumphal march of the Modi-Shah juggernaut continues, smashing the feckless and disorganised Opposition on its way, it is useful to ponder over at least two of the grand hoaxes of the current regime over the last three years that have been impressively successful with...

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MGNREGA compensation delayed by Centre or states in around 50% cases: study

-PTI Researchers claimed that the compensation under MGNREGA was delayed either by the Centre or the state governments in almost half of the 92 lakh cases it studied New Delhi: Researchers claimed on Friday that the compensation under MGNREGA was delayed either by the Centre or the state governments in almost half of the 92 lakh cases it studied. The outcomes of an ongoing study were shared at a press conference called...

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Social damages might have more lasting impact on economy than wrong policies: Economist Kaushik Basu

-PTI India is a society that is poor, but is respected for its scientific temper and research, and "we should not backtrack on that," the former World Bank chief economist said. Mumbai: Amid a debate over incidents of lynching, noted economist Kaushik Basu has warned that social damages could have a long-lasting impact on the economy than some wrong policy moves, “such as demonetisation”. Delivering the 23rd Lalit Doshi memorial lecture here...

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ATM expansion slows due to note ban -Manojit Saha

-The Hindu Replacement of systems more than 7 years old, Centre’s digital push lead to cutting down on new installations A combination of factors, including cash crunch following demonetisation of high value notes announced in November last, have led to commercial banks cutting down on the number of automated teller machines (ATMs) particularly those not located in branches (off-site ATMs), latest RBI data showed. According to Reserve Bank of India (RBI), there were...

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Indian seafood exporters may go under scanner in EU, exports to be impacted -Nirmalya Behera

-Business Standard EU commission is dissatisfied both with non-compliance and lack of progress by Indian authorities Bhubaneswar: Indian seafood exports may come under inspection in the European Union (EU), the third-largest market of India, because antibiotics are being frequently found in them. Speculation among UK importers is rife that the EU is considering a ban on aquaculture products from India though there is nothing to support this. In 2016-17, the European Union accounted for...

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