-The Hindu Mill workers being trained to carry out cashless transactions Hooghly: Vijay Bahadur Chauhan, a 57-year-old jute mill worker, is listening attentively to what a bank official is saying. The official of a public sector bank is highlighting how a non-Android phone user, without Internet connectivity, can still carry out cashless transactions. Only a handful of workers at Hastings Jute Mill, one of India’s FIRst jute-making factory, which began operations in 1875,...

-The Indian Express It distracts our attention from vital questions of institutional health and economic governance. During the second half of UPA 2, the press, with some justification, created a frenzy of anxiety over India’s future, especially its economic future. After two and a half years of the Narendra Modi government, if the same standards of concern about India’s future were brought to bear on the present government, what would the heightened...

-Business Standard The demonetisation drive has hit job creation, beside adding to the stress on banks New Delhi: Demonetisation is expected to negatively impact the overall economy and job generation, a number of economists told Parliament's standing committee on finance. Reserve Bank governor Urjit Patel was to come but could not; he will do so on January 18.   The panel heard four economists — former chief statistician Pronab Sen; Mahesh Vyas, head of...

-The Indian Express Manmohan Singh also suggested that the panel — which is looking into the demonetisation decision — call government officials to depose before it hears RBI Governor Urjit Patel. New Delhi: During a meeting of the Parliamentary Committee on Finance on Thursday, former Prime Minister Manmohan Singh sought to know whether the RBI was given sufficient time to hold deliberations on the government’s demonetisation move. He also suggested that the...

-The Hindu Cultivators in Punjab and Haryana head for another period of distress, thanks to demonetisation Demonetisation of Rs. 500 and Rs. 1,000 notes has badly hit potato growers in Punjab and Haryana where farmers are heading for yet another period of distress as they are finding it difficult to recover even the cost of produce, let alone make profits. In Jalandhar’s vegetable market, the fresh-crop potato fetched as low as Rs. 100...