-The Times of India BHOPAL: Union IT minister Ravi Shankar Prasad said on Tuesday that only those people who did not enhance their skills lost jobs after demonetisation at a press meet in Bhopal on the eve of demonetisation. Prostitution, too, Prasad claimed, had declined. Replying to questions on demonetisation, the minister said, "There's a difference between job and employment. Only those who were not able to enhance their skills with...
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Do not force us to do Aadhar seeding, it is against spirit of democracy: Largest bank officers' body -Arun Janardhanan
-The Indian Express In the implementation of the Pradhan Mantri Jan Dhan Yojana, public sector banks and regional rural banks have opened 29.13 crore accounts as against 96 lakh accounts by the private banks. Chennai: The All India Bank Officers Confederation (AIBOC), the largest body representing over 3,25,000 officers, opposed the Centre’s move making Aadhaar mandatory and forcing bank officers to do Aadhar seeding. When the matter is subjudice in the...
More »On Government's Claims Of Creating 7 Crore Jobs, A Fact Check -Sreenivasan Jain and Manas Pratap Singh
-NDTV The government's reliance on the MUDRA scheme of lending to small businesses to create jobs has not had the kind of result being advertised. New Delhi: Facing heat for not being able to back its promises of job creation, the Centre and the BJP have repeatedly cited the success of its MUDRA scheme, an acronym for Micro Units Refinance and Development Agency, meant to promote lending to small businesses. Speaking earlier this...
More »The Street Vendor's View -Arbind Singh
-The Indian Express Unorganised sector is worst-affected by demonetisation. Can banks go to them? An incident in 2000, during my initial years of work, woke me up to an uncomfortable question about post-economic liberalisation India. I was at a meeting with waste-pickers at Digha in Patna and a woman told me of her troubles with a Rs 500 note. She had saved money and changed it into a Rs 500 note, wrapped...
More »Stand-up India loans for women, SC/STs: Minister
-PTI Asking party workers to reach out to SCs, STs and women, Finance Minister Arun Jaitley on Saturday said the government would soon launch a ‘Stand-up India’ scheme to provide loans of up to Rs. 1 crore to help members of these communities become big entrepreneurs. “In the next few days under ‘Stand Up India’ scheme, every bank branch will provide loans of up to Rs 1 crore to one SC/ST and...
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