-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...
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BharatNet project: Ground work ready, connectivity not so much -Pranav Mukul
-The Indian Express With optic fibre cables laid in over 65,000 gram panchayats, Centre’s BharatNet project seems on track to achieve its 1,00,000 target by March 2017. However, lack of active connectivity remains a concern. Ahmedabad/ Gandhinagar/ New Delhi: With less than 25 per cent of the 65,475 gram panchayats in the country with optic fibre connectivity having active internet under the BharatNet project, the success of Centre’s push for digital payments...
More »Questions on cash goalposts -Jayanta Roy Chowdhury
-The Telegraph New Delhi: The Narendra Modi government has started to fumble for explanations, with the original raison d'etre for the demonetisation drive coming under strain because of the high volume of cash deposits that have poured into bank accounts. Almost 80 per cent of the Rs 500 and Rs 1,000 notes that were demonetised on November 9 has come straight back into the banking system, prompting the government to change the...
More »Vanishing Note, Yawning Chasm -Shaji Vikraman
-The indian Express Govt hopes demonetisation will accelerate India's drive towards a cashless economy. The challenge, however, is to get the unbanked millions into the net. Mumbai: FOR MOST of this year, bankers at State Bank of India, the country’s largest bank, were trying hard to market Point of Sales (POS) machines for debit and credit cards to small businesses and establishments. This would give the bank access to funds at relatively...
More »To breathe fresh air, opt for better agricultural technology
Delhi's air is not fit to inhale. Experts argue that prolonged exposure to toxic air could lead to serious health hazards like heart and lung diseases, various types of cancer etc. But is it the case that the smog, which engulfed the entire National Capital Region (NCR) and many of the north Indian cities during October-November was entirely caused due to burning of firecrackers in Diwali or because of vehicular...
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