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India ranks 131 on Human Development Index, Norway No.1 -Elizabeth Roche

-Livemint.com India’s Human Development Index score falls 27 % due to regional disparities in education, health parameters and living standards within the country New Delhi: India’s human development index (HDI) ranking for 2015 puts Asia’s third largest economy among a group of countries classed as “medium” in the list as opposed to “low” in the 1990s, thanks to factors like an increase in life expectancy and mean years of schooling in the...

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Aadhar to be made mandatory for filing I-T return, applying for PAN card

-The Times of India/ PTI NEW DELHI: The government has proposed to make Aadhaar card mandatory for filing income tax return and also applying for permanent account number (PAN). The new proposal has been made through an amendment to the Finance Bill. Recently, the I-T department had announced a mobile app for paying taxes and tracking of refunds. It had also said it was considering issuing PANs on real time basis using Aadhaar...

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Macroeconomic Impact of Demonetisation: A Preliminary Assessment -RBI

-eSocialSciences.org The analysis in this paper suggests that demonetisation has impacted various sectors of the economy in varying degrees; however, in the affected sectors, the adverse impact was transient and felt mainly in November and December 2016. The impact moderated significantly in January 2017 and dissipated by and large by mid-February, reflecting the fast pace of remonetisation. The latest CSO estimates suggest that the impact of demonetisation on GVA growth was...

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Maharashtra: 30,000 Jal Surakshaks to monitor groundwater at micro-levels -Anjali Marar

-The Indian Express There are about 44,000 villages in the state and it is an uphill task for the agency to monitor the ground water table for nearly double the number of wells. Pune: THE MAHARASHTRA government has roped in about 30,000 Jal Surakshaks to monitor the groundwater situation even at micro -levels, including panchayats and blocks. The water care-takers, hired by the Ground Water Survey and Development Agency (GSDA), at...

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Post-note ban, Rs 35,000 crore cash stash flooded MP banks -Ankur Sirothia

-The Times of India BHOPAL: More than Rs 35,000 crore of stashed cash was pulled out of hidden lockers of corporates and individuals and deposited in 25 major banks within 60 days of demonetisation in Madhya Pradesh, reveal documents accessed by TOI. More than 40% of these accounts are under I-T surveillance, say sources. Money in Pradhan Mantri Jan Dhan Yojana accounts rose by Rs 461 crore after the note ban —...

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