-The Hindu Business Line Bringing digital Banking to Primary Agricultural Cooperative Societies is an important and laudable aspect of the Budget The Budget hides months of discussion, with stakeholders nursing a gamut of interests. This year was no exception and the Budget was an exercise in the accommodation of innumerable expectations; and it is bound to dissatisfy many. I would like to apply the old economic litmus test to judge its efficacy: Is...

-The Hindu Surakhpur, declared ‘fully digital payment enabled’ by government, rues low literacy, poor connectivity Around 10 days ago, a team of Delhi government officials handed over two PoS (point of sale) machines to kirana (grocery) store owners Surat Singh and Ramesh Kumar, both residents of Surakhpur village in Najafgarh, on the Delhi-Haryana border. The officials taught the two how to use the machines. On Wednesday, when The Hindu visited the village, where...

-Livemint.com Windfall gains and remonetisation claims are still uncertain, but the Indian economy has suffered a short-term pain for sure On 8 November, 2016 Prime Minister Narendra Modi announced the scrapping of Rs 500 and Rs1,000 notes, which constituted 86% of the currency in circulation. Exactly three months later, where does the Indian economy stand today? In an interview to Mint after the Union budget, economic affairs secretary Shaktikanta Das claimed that...

-The Telegraph Calcutta: The Bengal budget has proposed a grant of Rs 50,000 each to 50,000 migrant workers who were forced to return from other states because of demonetisation. By announcing the first such scheme in the country, the Mamata Banerjee government has beaten to the draw the Narendra Modi dispensation. Speculation had swirled around the Modi government that it might share the "gains of demonetisation" with the people through direct deposits...

-Hindustan Times New Delhi: At least Rs 3,900 crore was laundered through shell companies between November-December after the Ban on high-value Banknotes, investigations by a central agency have found. The probe by the Serious Fraud Investigation Office (SFIO) has also identified at least 54 people who helped 559 beneficiaries with laundering the illicit cash, sources said. The government recalled 500 and 1000-rupee notes on November 8 in a move it said was aimed...