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RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty

-Livemint.com The RBI survey for June 2017 shows people are as unhappy with their income growth, employment and economic well-being as they were before the Narendra Modi government came to power Perceptions matter. The government of the day will be able to garner more support if people feel their incomes are increasing or their employment prospects have improved. True, non-economic factors matter a lot and, throughout history, the ability to stage circuses...

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The illusion, the reality check -Pranab Bardhan

-The Indian Express Three years after the Modi government assumed office, the promise of job creation is unmet. The demon of corruption is not yet slayed As the triumphal march of the Modi-Shah juggernaut continues, smashing the feckless and disorganised Opposition on its way, it is useful to ponder over at least two of the grand hoaxes of the current regime over the last three years that have been impressively successful with...

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What ails the Centre's generics Rx initiative? -PT Jyothi Datta

-The Hindu Business Line Policymaking has sensibly shifted away from banning the prescription of brand names More than three months after Prime Minister Narendra Modi fired the salvo on getting doctors to prescribe medicines using their generic names, the discussion seems to be on a slow burner. From the strident position that all doctors will have to prescribe medicines using their generic or chemical names, there appears to be a more reconciled acceptance...

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ATM expansion slows due to note ban -Manojit Saha

-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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Aadhaar for free LPG: Govt relaxes deadline till Sept 30 for BPL women

-PTI Govt last year launched PMUY scheme to provide 5 cr poor women with free LPG connections in 3 years New Delhi: The government has extended till September-end the time by which poor women wishing to avail of free cooking gas (LPG) connections must apply for the unique 12-digit biometric identification number Aadhaar. The government had in March this year mandated that anyone not having Aadhaar but desirous of availing free LPG connection...

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