-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...
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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)...
More »Govt wants Rs 3.6 lakh crore from RBI, a third of its reserves, central bank says no -Sunny Verma
-The Indian Express Last Wednesday, the finance ministry said that the autonomy for the RBI “is an essential” and both the government and the RBI have to be “guided by public interest and the requirements of the Indian economy”. New Delhi: AT the heart of the RBI-government standoff is a proposal by the Finance Ministry seeking to Transfer a surplus of Rs 3.6 lakh crore, more than a third of the...
More »An imaginary friend -Sakina Dhorajiwala, Anmol Somanchi, and Rajendran Narayanan
-The Indian Express Claims that Aadhaar has increased the demand and allocations of NREGA work rest on several faulty assumptions. Two newspaper articles in the Times of India and Financial Express claimed that Aadhaar linking boosts MGNREGA and has cut wage payment delays. Both articles were based on a working paper, “A Friend Indeed”, by members of the Digital Identity Research Initiative (DIRI) at the Indian School of Business (ISB), Hyderabad. The ISB...
More »Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
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