Although containing fake notes in circulation was one of the objectives behind demonetisation when it was undertaken in 2016, recent data from the Reserve Bank of India (RBI) reveals that fake counterparts of some denominations grew during 2017-18 vis-à-vis the previous year. The recently released Annual Report for 2017-18 of the RBI shows that the total number of pieces of counterfeit notes of Rs. 2000/- denomination, which was detected in the...
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99.40% of demonetised notes returned: RBI
-The Hindu Business Line Value of banknotes in circulation increased to Rs 18.03 lakh crore as at end-March 2018 Mumbai: Close to 99.40 per cent of specified bank notes (SBNs) of Rs 500 and Rs 1,000 denominations, which were scrapped in the November-December 2016 period, have been returned from circulation, according to the Reserve Bank of India's annual report. The report pegged the total SBNs returned from circulation at Rs 15.31 lakh crore....
More »Shri Nitin Gandkari Addresses the National Water Symposium Organised by Shiv Nadar University
-Press Release by Shiv Nadar University New Delhi, 27th August, 2018: Shiv Nadar University (a comprehensive, multidisciplinary and research-focused institution) today hosted a National Water Conference at India International Centre to discuss issues related to the water crisis in India and identify the potential solutions to address the problem. The implementation of a new policy paradigm with regards to the principles, approaches and strategies for managing water in India was one...
More »India's new compensatory afforestation rules dilute rights of forest dwellers -Mayank Aggarwal
-Mongabay.com * India’s environment ministry has notified the Compensatory Afforestation Fund (CAF) Rules 2018 to ensure proper utilisation of Rs 660 billion for plantation of trees across India. * Environmentalists and civil society groups are against the rules as they point out that the rules ignore the rights of forest dwellers and tribals. They also said that the new CAF rules are against existing laws ensuring forest rights and self governance for...
More »How the other half lives in Delhi: 4 stories of poverty, crushed dreams -Manoj Sharma
-Hindustan Times Most of the city’s poor are migrants — they constitute about 33% of the population of Delhi — who come to the city attracted by the promise of a secure livelihood and better life. But their hopes and dreams are, more often than not, belied. A peek into how they get by New Delhi: Last month, Delhi, the second wealthiest city in the country — with a total wealth of...
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