-IANS A district cooperative bank, Ahmedabad District Cooperative Bank (ADCB), netted the highest deposits among such banks of old Rs 500 and Rs 1,000 notes that were abruptly demonetised on November 8, 2016, according to RTI replies received by a Mumbai activist. ADCB secured deposits of Rs 745.59 crore of the spiked notes -- in just five days after Prime Minister Narendra Modi made the demonetisation announcement. All the district cooperative banks...
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Arvind Subramanian, ex-Chief Economic Advisor (CEA), interviewed by Prashant Jha
-Hindustan Times Subramanian says due to less suitable global economic scene, reaching double-digit growth will need more hard work The announcement that Arvind Subramanian, India’s Chief Economic Advisor (CEA), is quitting for personal reasons to return to the United States has generated considerable attention. The CEA spoke to Prashant Jha about his time in government and the state of the economy: * As you look back, what are the key highlights and the...
More »The seeds of sustainability -Sujatha Byravan
-The Hindu How Zero Budget Natural Farming could be the model for the future In early June, Andhra Pradesh Chief Minister N. Chandrababu Naidu announced that the State would fully embrace Zero Budget Natural Farming (ZBNF), a chemical-free method that would cover all farmers by 2024. Earlier in the year, he had revealed these plans at the meeting of the World Economic Forum in Davos. Even though this revolution has been in the...
More »Beating plastic pollution -Prakash Nelliyat
-The Hindu The focus must be on waste management and recycling We celebrated ‘World Environment Day’ (June 5) with a critical theme: beat plastic pollution. Since India was the global host of this year’s event, and also one of the victims of plastic pollution, we should view this danger seriously. The theme urges governments, industries, communities and individuals to come together and explore sustainable alternatives. It also urges this target group to...
More »Rural distress can't get buried in growth story -Himanshu
-Livemint.com Despite claims of an economic recovery, rural wage growth of non-agricultural labourers continued to be in negative territory for the fourth month in a row Data released by the Central Statistics Office last month suggested a recovery in economic growth during the fourth quarter of 2017-18, with the economy expanding by 7.7% compared to that in the first quarter, when growth was at its lowest at 5.7%. This has given some...
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