-The Times of India CHENNAI: If demonetisation was a push for a cashless economy, it has been working very slowly. Reserve Bank of India data shows the usage of wallets, non-UPI banking apps and Aadhaar-enabled payments has been slow to catch on, while that of debit cards has fallen. The UPI payments have been growing, and a significant chunk of them are mobile-based. Overall, electronic payments stood at Rs 200 trillion in...
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Improve nutritional content of school meals to tackle stunting - Soumya Swaminathan and SV Subramanian
-Hindustan Times As per the latest National Nutrition Monitoring Bureau, which has been collecting data on diet and nutritional status of rural, tribal and urban populations for almost four decades, the calorie intake of children (1-3 years) in rural areas was only about 70% of their requirement due to shortage. In India, more than 4.8 crore children suffer from stunting, which means they are below the normal height range for their...
More »Less than half of new MBA graduates get jobs, trend at 5-year low -Neelam Pandey
-Hindustan Times Over the years, in the absence of competent faculty and industry training facilities, most B-schools other than the premiere institutes began churning out graduates who were far from job-ready. Job offers for fresh management graduates in India are at a five-year low, official data show, a trend experts blame on a sluggish economy as well as a mismatch between the years-old curriculum and industry expectations. In 2016-17, just 47% of Master...
More »1,216.8 crore authentications: Govt swamps SC with UID data -Dhananjay Mahapatra
-The Times of India NEW DELHI: Bombarding the Supreme Court with statistics to convince it about ease of doing day-to-day activities with Aadhaar, the Centre said 118.64 crore Indians, which is 88% of the population, had obtained Aadhaar and they used it 1,216.8 crore times for authentication purposes. "As of today, the total number of Aadhaar-based authentication is 12,168,022,172. Therefore, the Indian population has used Aadhaar-based authentication over 1,216 crore times to...
More »Don't create panic on Aadhaar linking: SC to banks, telcos -Amit Anand Choudhary
-The Times of India NEW DELHI: The Supreme Court eased on Friday the pressure mounted by banks and telecom companies on customers through frequent messages to link Aadhaar with bank accounts and mobile phone numbers and ordered that they intimate people about the deadline for doing so. A bench of Justices A K Sikri and Ashok Bhushan said even judges are not spared from such messages, which the petitioners termed as part...
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