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Government spends Rs 3.09 per Rs 500 currency note: RTI

-IANS RBI buys the currency notes from the Bharatiya Reserve Bank Note Mudran Pvt Ltd Mumbai: The Reserve Bank of India (RBI) spends Rs 3.09 for each Rs 500 note as cost towards paper, printing and other charges, an RTI query has revealed. The information was given here on Friday to Mumbai Right To Information activist Anil Galgali on his query on the printing costs incurred by the government for printing Rs 500...

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Give answers on note ban in writing, an unhappy PAC tells RBI governor -Amit Agnihotri

-Business Standard The governor did not give specific answers on who initiated the note ban New Delhi: Unsatisfied with the responses of Reserve Bank of India (RBI) Governor Urjit Patel to specific queries on demonetisation, the Public Accounts Committee (PAC) of Parliament on Friday asked him to furnish written replies to the concerns expressed by the members within two weeks and appear before the panel again. Patel, along with Deputy Governor R Gandhi...

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The majority at the margins -Jayati Ghosh

-The Indian Express Protests by the people against inequality are producing governments that move exactly in the opposite direction We all know that the world is an unequal place, both across and within countries. We also know that across the world, people are expressing their anger and disgust at this inequality. This is increasingly revealed in extreme and often paradoxical political results. In the US, a vote against the establishment has just...

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Imperilled as Supreme Court Signals Imminent End of Ordinance Raj

-TheWire.in Re-promulgation of ordinances is illegal, the apex court ruled, in a judgment that will be applicable to all central ordinances, including demonetisation. Thanks to a recent Supreme Court judgment declaring the re-promulgation of ordinances unconstitutional, the government’s effort to validate demonetisation through ordinances may come to naught. The Specified Bank Notes (Cessation of Liabilities) Ordinance, promulgated in December to give effect to demonetisation, faces the risk of becoming unconstitutional if re-promulgated after...

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Ten Things For Which Aadhaar Was Made Mandatory Even After an October 2015 Supreme Court Order to the Contrary -Arshu John

-Caravan Magazine Since the Aadhaar programme, which aims to provide Indian citizens with unique identification numbers, was launched in 2009, several petitions have been filed before the Supreme Court that oppose its application by the government. These petitions have challenged the Aadhaar programme on various grounds: the government’s right to ask the citizens to provide biometric data for Aadhaar verification without adequate safeguards against its potential misuse; the legality of the...

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