-Hindustan Times Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same month last year. Cash transactions are back in vogue despite the government’s push for a less-cash economy post-demonetisation, Reserve Bank of India (RBI) data on ATM cash withdrawals indicate. Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same...
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UNESCAP: Note Ban effect 'transient'; India to grow 7.1% in 2017 -Surabhi Prasad
-The Hindu Business Line Sees enhanced infra spending, higher consumption New Delhi: While noting that demonetisation of high value currency by the government last year will help bring in more taxpayers into the tax net, the United Nations ESCAP in a new report has said that more measures will be required to fight black money in the future. “The measure did not, by itself, impede future black money flows in new denominations. …...
More »Six months after demonetisation: Currency in circulation may not match pre-8/11 levels -Sandeep Singh
-The Indian Express Given the slow pace of currency printing and indications from govt sources, it is unlikely that there will be full replacement of Banned notes As currency in circulation is about 20 per cent lower than the levels at the beginning of November 2016, the sharp decline in the pace of remonetisation over the past few weeks and indications from government officials suggest that the government and the Reserve Bank...
More »Sam Pitroda, regarded as the father of India's telecom revolution, interviewed by Peerzada Abrar (The Hindu)
-The Hindu Online media companies don’t take responsibility for their content, he says Sam Pitroda, regarded as the father of India’s telecom revolution, says that he is deeply concerned with the way social media is being misused globally to propagate lies, hatred and false ideas. In an interview, Mr. Pitroda says that in India also, social media has not been used effectively and technology is not meant to be misapplied. He says...
More »The journey of Baiga tribe from malnourishment to food security -Madhura Chakrobarty
-Newslaundry.com/ Video Volunteers One man’s efforts to bring back traditional crops and methods of cultivation has ensured land rights and food security for an indigenous tribe. “The forest officials would come and beat us up when we tried to cultivate in our lands. My father died in 1986. They had beaten him and locked him up. He died because of that,” says Bhagwati, who belongs to the Baiga community from Dindori of...
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