-The Times of India Former economic affairs secretary Shaktikanta Das , who played a key role during the demonetisation drive, spoke to TOI's Sidhartha & Surojit Gupta, four months after retiring from service in May. He says he does not agree with the criticism that implementation of demonetisation had serious shortcomings. Excerpts: * What is your assessment on the state of the economy? The macroeconomic parameters, except the growth figures which are down...
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Aadhaar mandatory for PPF, NSC, Kisan Vikas Patra
-The Hindu Existing subscribers have time till December 31, 2017 to link their Aadhaar The Union government has made linking Aadhaar mandatory for the Public Provident Fund (PPF), the National Savings Certificates (NSC) and the Kisan Vikas Patra (KVP). In a series of four notifications, the government said the existing subscribers have time till December 31, 2017 to link their Aadhaar. "Provided further that every depositor under this scheme who has not given his...
More »Sophisticated Aadhaar-related Bank fraud has left police in Delhi and Noida baffled -Abhishek Dey
-Scroll.in The con involves the fraudulent withdrawal of money from Bank accounts of victims with the help of a SIM card, Aadhaar and the United Payments Interface. The police in Delhi and the neighbouring township of Noida are investigating several complaints of fraud in which money was suspected to be siphoned out of Bank accounts of victims with the help of a Unified Payment Interface-supported application linked to Aadhaar, the 12-digit biometrically...
More »Digital transactions rose 13.5% to Rs.124.69 tn in September: RBI -Komal Gupta
-Livemint.com Digital transactions rose 13.5%—from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise New Delhi: Digital transactions in September rose to the second highest monthly level by value since the government’s demonetisation exercise in November. Transactions through digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank...
More »Punjab farmers defiant, burn paddy straw even as govt threatens to stop subsidy -Vishal RamBani
-Hindustan Times Farmer unions have been telling farmers to burn the straw until the government doles out some funds per acre for expenses that go into managing it by other means. Patiala: Seeking government aid to handle farm residue before following the Ban on burning of paddy straw, farmer unions’ representatives collectively set fire to it in a 25-acre field at Shajju Bhatt village in Nabha to send across a message...
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