-Business Standard Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially. Mumbai: People’s demand for Cash continues to head northwards compared to pre-demonetisation levels despite the frequency of digital transactions going up and a substantial increase in bank deposits since November 2016. Currency with the public (CwP), or people’s demand for Cash or currency, is 7...
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Karnataka joins Rs 100cr seizure club
-The Telegraph New Delhi: The cumulative value of Cash, liquor and other bribes to voters seized by the Election Commission during the Karnataka Assembly polls is Rs 150 crore. The seizure had been Rs 193.29 crore in Uttar Pradesh in 2017 and Rs 130.99 in Tamil Nadu in 2016. Director-general (expenditure) Dilip Sharma said 136 expenditure observers, 1,557 flying squads and 2,181 static surveillance teams with GPS-enabled vehicles had been deployed in Karnataka. The...
More »Jean Dreze, development economist and social activist, interviewed by Sagar (CaravanMagazine.in)
-CaravanMagazine.in The economist Jean Drèze’s book, Sense and Solidarity, published in late 2017, deals with the impact of Aadhaar on social-welfare programmes, such as the National Food Security Act and the Mahatma Gandhi National Rural Employment Guarantee Scheme, among other things. Drèze was a member of the United Progressive Alliance government’s advisory council, which designed the NFSA and MGNREGS. He co-authored some of the essays in this book with colleagues and...
More »Bankers fear soiled Rs 100 notes may deepen prevailing Cash crunch -Satyanarayan Iyer
-The Times of India PUNE: Bankers fear the prevailing Cash crunch may deepen with unsoiled Rs 100 denomination notes “becoming scarce” too. Just like Rs 200 and Rs 2,000 notes, the Rs 100 denomination notes — especially the ones that can fit into ATM cassettes — are in short supply too, the bankers said. “This is happening as many of the available Rs 100 notes are soiled and unfit to be placed in...
More »Rs 33,000 crore boost to agriculture: Here's how Modi plans to double farmers' income by 2022
-The Financial Express The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the continuation of the Agri-umbrella programme, ‘Green Revolution — Krishonnati Yojana’ for two more years. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the continuation of the Agri-umbrella programme, ‘Green Revolution — Krishonnati Yojana’ for two more years with an outlay of Rs 33,000 crore. The programme merged 11 schemes for a holistic and scientific approach towards...
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