-Scroll.in The author of a paper published by a research institute under the Ministry of Finance expands on its conclusions. The drying up of cash has thrown the lives of millions of Indians in disarray. But many facing hardship support the government’s move. In Barabanki, Uttar Pradesh, a farmer who did not have cash to buy seeds and fertilisers, said, “Now when rich people deposit money in the bank, the income tax people...
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Bai on call: How home service apps are changing domestic help market -Pankti Mehta Kadakia
-Hindustan Times New Delhi: She greets you with a ‘Good morning’, then puts on her gloves, apron and a mask, and immediately gets down to mixing chemicals and cleansers in exact proportions. She is no paramedic. Meet the new-age Indian bai, who now accepts all sorts of assignments, right from cleaning and cooking to babysitting and eldercare, via an app on her smartphone. This professionalisation of your regular bai is a result of...
More »Polavaram is reaping the Jan Dhan benefit -Gunturi Naga Sridhar
-The Hindu Business Line The scheme has made life easier for the people of this Andhra Pradesh village, one of the first in the state to have 100 per cent financial inclusion. But the local experience also throws up a few questions relevant nationally, reports Gunturi Naga Sridhar Fourty-year-old M Ravamma, from Polavaram, a village in the Krishna district of Andhra Pradesh, had a nightmarish experience two months ago. Her husband complained...
More »High value transactions by politicians under FIU scanner -Appu Esthose Suresh
-The Indian Express The FIU generated 17 suspicious transaction reports (STRs) related to PEPs in the last one year. The Financial Intelligence Unit (FIU) has stepped up its surveillance on high value transactions by politicians, senior bureaucrats and their immediate relatives who fall under the “politically exposed persons” (PEP) category. According to sources, the FIU generated 17 suspicious transaction reports (STRs) related to PEPs in the last one year. All these cases...
More »More power to skilled hands -Laila Tyabji
-The Hindu Handlooms are the one area where India leads the world in skill, creativity and expertise. The Handloom Reservation Act must be strengthened, not repealed Last month, Gajendra Singh, a farmer, hanged himself in New Delhi. His death attracted massive attention as it happened so publicly, in front of the hundreds of people gathered there for Aam Aadmi Party’s rally against the Land Acquisition Bill. Such attention is rare, given that...
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