-The Indian Express Thousands of crores are supposed to have been saved in this massive anti-corruption drive, but not a single criminal case has been filed. It is delusional to celebrate the Aadhaar tidal wave, and criminal to turn a blind eye to hard facts about exclusion. Sita of Karkala village, Lassadiya Panchayat, was one of many who spoke at the annual MKSS Mazdoor Mela in Bhim on May 1. “I...
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Norms to protect customer in fraudulent transaction soon: RBI
-PTI MUMBAI: Reserve Bank will soon come out with final guidelines on customer protection which would limit customers liability in case of unauthorised electronic banking transactions, RBI deputy governor S S Mundra said on Tuesday. Last year in August, RBI had issued draft circular on limiting liability of customers in case on fraudulent banking transactions, resulting in debits to their accounts or cards. RBI had asked comments and suggestions on the same. "Based...
More »No jobs? Let them eat... -Jayanta Roy Chowdhury
-The Telegraph New Delhi: The big red blotch on the Narendra Modi government's report card after three years in power is its dismal performance in job creation - and there are no indications that things will improve in the near future. Cold statistics from the government's labour bureau show that job growth plummeted in key sectors to its lowest levels in eight years in calendar years 2015 and 2016 at 1.55 lakh...
More »Cash is back as digital payments dip on cost -TCA Sharad Raghavan
-The Hindu PoS devices’ demand falls on remonetisation, user charges Cash transactions are beginning to trump almost every form of digital payment alternative with April clocking a decline in volumes as well as value of transactions conducted through cards, mobile banking and the Unified Payment Interface (UPI). The trend assumes significance six months after the Centre announced demonetisation of ?500 and ?1,000 notes on November 8. The near-completion of the remonetisation process and merchants...
More »Job Creation Under Modi Government Plunges To Levels Even Below The UPA Regime: Report
-HuffingtonPost.in "Yet more than half-way through his (Modi’s) tenure, there are almost no jobs available." The India Exclusion Report 2016, released by the New Delhi-based Centre for Equity Studies (CES) on Friday, says that fewer jobs were created under the Modi government in 2015 compared to the previous government led by the Congress Party. Citing Labour Ministry Data, the report says that employment creation in 2015 plummeted to 135,000 jobs compared to 930,000...
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