-The Hindu The Chief Statistician of India on the economy, the meaning of the new series of GDP data, and the need to wait for the impact of demonetisation to unfold T.C.A. Anant is the Chief Statistician of India, and Secretary, Ministry of Statistics and Programme Implementation. He has been in charge of several notable changes in the way economic data has been recently presented, including the new GDP and Gross Value...
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Farm loan waiver: Maharashtra detects 1.5 million suspicious bank accounts -Abhiram Ghadyalpatil
-Livemint.com According to a senior BJP minister, a preliminary probe by the Maharashtra government identified these ‘bank accounts without a credible credit history’ Mumbai: The Maharashtra government has spotted nearly 1.5 million suspicious bank accounts it suspects were created merely to grab the benefits of its Rs34,022 crore farm loan waiver. According to a senior Bharatiya Janata Party (BJP) minister who is also a member of the ministerial group on farm loan waiver,...
More »India vulnerable to cyber crime, must upgrade defence: Study
-The Times of India NEW DELHI: Demonetisation and the subsequent push for digitisation has escalated risks relating to cyber crime and India needs to urgently upgrade its defences by setting up a cyber security commission on the lines of the Atomic Energy and Space Commissions, according to an IIT Kanpur study shared with Parliament's committee on finance. Noting that the government has initiated a number of programmes to enhance the participation of...
More »Cash is back as digital payments dip on cost -TCA Sharad Raghavan
-The Hindu PoS devices’ demand falls on remonetisation, user charges Cash transactions are beginning to trump almost every form of digital payment alternative with April clocking a decline in volumes as well as value of transactions conducted through cards, mobile banking and the Unified Payment Interface (UPI). The trend assumes significance six months after the Centre announced demonetisation of ?500 and ?1,000 notes on November 8. The near-completion of the remonetisation process and merchants...
More »Taking Cognisance of the Deeply Flawed System That Is Aadhaar -Shreyashi Roy
-TheWire.in Aadhaar and its many connotations have grown to be among the most burning issues on the Indian fore today, that every citizen aware of their rights should be taking note of. New Delhi: With the leak of 130 million Aadhaar numbers recently coming to light, several activists, lawyers and ordinary citizens are up in arms about what is increasingly being viewed as a government surveillance system. Keeping this in mind, on...
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