-TheWire.in Both the Modi government and former Prime Minister Manmohan Singh are ignoring one crucial aspect of reviving the economy: raising effective demand. Only a few weeks ago, the central government was talking grandly about India reaching a $5-trillion economy and refusing to recognise the severe slowdown India is going through. (This is not such a grand ambition when compared with China, which is often portrayed as India’s competitor, because by 2025,...
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Fast pace digitisation may not be good for environment -Swathi Moorthy
-The Hindu Business Line Every search by energy-consuming data centres leaves carbon footprint New Delhi: Most of our days start with replying to messages on social messaging platforms and probably end with viewing videos on Netflix, but do we realise these activities contribute to climate change? According to studies on climate change, data centres account for about 3 per cent of the total electricity consumed globally. Every search leaves a carbon footprint of...
More »BHIM UPI, RuPay swipe Mastercard, Visa -Shishir Sinha
-The Hindu Business Line Home-grown payment systems corner over 60% of digital transactions New Delhi: India’s own Bharat Interface for Money (BHIM) and RuPay cards have garnered over 60 per cent market share of the digital transactions business, pushing back global giants such as Mastercard and Visa. BHIM is a UPI-based payment interface that allows real-time fund transfer using a single identity, typically a mobile number or a name. Unified Payments Interface (UPI)...
More »More Equal Than Others -Usha Ramanathan
-The Indian Express The Aadhaar judgment divides the people of this country into those receiving state assistance, and others. The former will get socio-economic rights if they do as they are asked to do. Privacy is a luxury they can ill afford. The signs were there from the beginning. The poor were part of the marketing strategy for promoting a project that would require people to enrol in a database that...
More »Govt announces Rs 10,000 crore connectivity plan for NE states -Pankaj Doval
-The Times of India GUWAHATI: With the national elections just a year away, the government on Saturday announced a mega investment and connectivity programme for the north-eastern states, entailing inflow of nearly Rs 10,000 crore through over 400 programmes expected to be rolled out in the next four years. The investments relate to enhancing the telecom infrastructure in the state, apart from setting up BPOs, boosting electronics manufacturing, giving a push to...
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