-The Indian Express It’s for the FIRst time that the NCRB has categorised farmers’ suicides due to debt or bankruptcy based on the source of loans. Local moneylenders are usually portrayed as the villains in India’s farmer-suicides narrative, but government data shows that 80 per cent of farmers killed themselves in 2015 because of bankruptcy or debts after taking loans from banks and registered microfinance institutions. According to National Crime Records Bureau’s latest...
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Demonetisation: 35 per cent job losses, 50 per cent revenue dip, says study by largest organisation of manufacturers -Arun Janardhanan
-The Indian Express The study, conducted by AIMO, has also projected a drop in employment of 60 per cent and loss in revenue of 55 per cent before March 2017. Chennai: IN THE FIRst 34 days since demonetisation, micro-small scale industries suffered 35 per cent jobs losses and a 50 per cent dip in revenue, according to a study conducted by India’s largest organisation of manufacturers. The study, conducted by the All...
More »Demonetisation U-turn? RBI now turns away people wanting to exchange Rs 500, Rs 1,000 notes
-PTI New Delhi: Hundreds thronging the RBI office to exchange old Rs 500 and 1,000 notes returned empty handed as the central bank is allowing the facility only for NRIs or those who were abroad during the 50-day demonetisation period.' Prime Minister Narendra Modi in his address to the nation on 8 November, 2016 had said, "There may be some who for some reason, are not able to deposit their old 500...
More »Rural India on the National Optic Fibre Network: What Happens Next? -Preeti Mudliar
-The Hindu Centre for Politics and Public Policy As one of the world’s largest rural connectivity endeavours, the National Optical Fibre Network (NOFN) project has been the subject of immense policy interest for the potential it holds to deliver high speed broadband internet to rural India. The building of infrastructure on a scale of this kind was acknowledged as an audacious move owing to the nature of transformation that this could...
More »Truth about PM's 'Housing for All' scheme: it is far off target
-Down to Earth Eighteen months and Rs 4,275.31 crores later, not even 0.1 per cent of the project could be completed "By the time the nation completes 75 years of its Independence (2022), every family will have a pucca house with water connection, toilet facilities, 24x7 electricity supply and access." It was May 2014 and the Modi-led government had just come to power. A year later, during the presentation of Annual...
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