-Scroll.in The author of a paper published by a research institute under the Ministry of Finance expands on its conclusions. The drying up of cash has thrown the lives of millions of Indians in disarray. But many facing hardship support the government’s move. In Barabanki, Uttar Pradesh, a farmer who did not have cash to buy seeds and fertilisers, said, “Now when rich people deposit money in the bank, the income tax people...
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As Delhi & NCR gasp, Centre calls emergency meeting of States
-Daily Pioneer Delhi and the National Capital Region (NCR) on Saturday turned into a gas chamber with the pollution levels reaching an all-time high, leading to burning of eyes, breathing problems and choked throats forcing people to stay indoors to avoid the hazardous toxic air. Delhi Chief Minister Arvind Kejriwal who said that the national Capital had become like a “gas chamber” due to the pollution, met Union Environment Minister Anil...
More »Missing stock is harming our food security
-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...
More »Cities choked, but 90% of Indians don’t own vehicle -Dipak K Dash
-The Times of India NEW DELHI: Even as cities reel under the growing burden of private vehicles, government data shows that nearly 90% of Indians don't own a vehicle. This points to the need to scale up public transport, both to provide affordable travel options to such citizens and to prevent them from buying private vehicles and adding to the traffic chaos. According to government estimates, there are 18.64 crore vehicles in...
More »NGT order can put 70% of NCR's trucks off-roads -Rumu Banerjee
-The Times of India NEW DELHI: The National Green Tribunal's order to deregister diesel vehicles older than 10 years in Delhi and NCR could take away 70 per cent of the goods carriage fleet of the capital and nearly 90 per cent of its private chartered buses. A day after the ruling, transport department officials were still coming to grips with the enormous impact the order was likely to have. "There are 1.28...
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