-The Indian Express There has been only a marginal increase in the direct tax to GDP ratio after demonetisation. And the economy didn’t need to suffer for digitisation. The government did not celebrate the second anniversary of demonetisation, one of its biggest policy initiatives. It has celebrated the anniversary of all other big policies. Why the diffidence? The finance minister did come out with a statement listing the achievements of demonetisation. But his...
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The Indian state where development is more on a par with Pakistan than India -Ratnadeep Choudhary
-ThePrint.in Like Pakistan, Uttar Pradesh is home to about 200 million people, which it can’t seem to take care of very well. New Delhi: The chasm between India and Pakistan on the world’s economic and social indicators is rather wide today. Even though India also struggles on the social front, many Indians tend to draw solace saying “at least we’re better off than Pakistan”. Yet, there is a part of India — the...
More »Under Modi's Crop Insurance Scheme, Premiums up 350% But Farmers' Coverage Stagnant -Kabir Agarwal and Dheeraj Mishra
-TheWire.in Premium collected by insurance companies has increased by Rs 36,848 crore, while the number of farmers covered has increased only by 0.42%, according to RTI data obtained by The Wire. New Delhi: In January 2016, Prime Minister Narendra Modi launched a revamped crop insurance scheme, his government’s flagship scheme for farmers, the Pradhan Mantri Fasal Bima Yojana (PMFBY). It would “bring about a major transformation in the lives of farmers”, Modi...
More »Punjab farmers get innovative, turn paddy stubble into fertiliser -IP Singh
-The Times of India JALANDHAR: Punjab farmers have started sowing wheat as paddy harvesting enters the last stage with just one-fifth of the crop left to be cut in fields. Paddy stubble management, however, continues to be vexatious issue, both for the farmers and the state administration. The lack of gap between harvesting paddy and sowing wheat and increased time and high cost of operating subsidised straw management machines have left farmers...
More »BHIM UPI, RuPay swipe Mastercard, Visa -Shishir Sinha
-The Hindu Business Line Home-grown payment systems corner over 60% of digital transactions New Delhi: India’s own Bharat Interface for Money (BHIM) and RuPay cards have garnered over 60 per cent market share of the digital transactions business, pushing back global giants such as Mastercard and Visa. BHIM is a UPI-based payment interface that allows real-time fund transfer using a single identity, typically a mobile number or a name. Unified Payments Interface (UPI)...
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