-The Hindu Replacement of systems more than 7 years old, Centre’s digital push lead to cutting down on new installations A combination of factors, including cash crunch following demonetisation of high value notes announced in November last, have led to commercial banks cutting down on the number of automated teller Machines (ATMs) particularly those not located in branches (off-site ATMs), latest RBI data showed. According to Reserve Bank of India (RBI), there were...
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Foodgrain output rose 5 times in 60 years but farmers are still distressed -Chaitanya Mallapur
-Business Standard/ India Spend 52% of India's agricultural households are indebted; with an average outstanding loan of Rs 47,000 India’s foodgrain production rose five times over six decades, according to 2016 government data, the latest available. But with the average Indian farm half as large as it used to be 50 years ago and yields among the lowest in developing economies, both the agriculture sector and farmers have been driven to the...
More »India vulnerable to cyber crime, must upgrade defence: Study
-The Times of India NEW DELHI: Demonetisation and the subsequent push for digitisation has escalated risks relating to cyber crime and India needs to urgently upgrade its defences by setting up a cyber security commission on the lines of the Atomic Energy and Space Commissions, according to an IIT Kanpur study shared with Parliament's committee on finance. Noting that the government has initiated a number of programmes to enhance the participation of...
More »Maharashtra Collector Confirms EVM Malfunctioning In RTI Reply, Votes Went To Lotus Symbol
-Outlook Contrary to the claim by the Election Commission of India (ECI), an RTI response from Maharashtra’s Buldhana district collectorate has confirmed malfunctioning of electronic voting Machine (EVM), reported IANS. According to the report, Buldhana collectorate's election department has replied to an RTI query confirming that votes of an independent candidate had gone to BJP’s lotus symbol. The “EVM fraud” happened during February 16 elections to Buldhana Zilla Parishad from Lonar, at a...
More »Think beyond loan waivers -Ramesh Chand & SK Srivastava
-The Hindu Strengthening the repayment capacity of farmers by improving and stabilising their income is the only way to keep them out of distress Indian agriculture is characterised by low scale and low productivity. About 85% of the operational landholdings in the country are below 5 acres and 67% farm households survive on an average landholding of one acre. More than half of the area under cultivation does not have access to...
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