-Scroll.in The author of a paper published by a research institute under the Ministry of Finance expands on its conclusions. The drying up of cash has thrown the lives of millions of Indians in disarray. But many facing hardship support the government’s move. In Barabanki, Uttar Pradesh, a farmer who did not have cash to buy seeds and fertilisers, said, “Now when rich people deposit money in the bank, the income tax people...
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IIT-D shows how Punjab can re-use farm waste -Manash Pratim Gohain
-The Times of India New Delhi: Are you a farmer? How about earning a handsome amount from the stubble left behind in your field instead of burning it and adding to the pollution level? How about also getting bio-fertiliser and sustainable energy in the same deal? An IIT-Delhi team has provided technical support to Asia's first biogas-based power plant which is now operating on paddy straw for large-scale biogas production in Fazilka, Punjab....
More »Paytm making hay
-The Hindu Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year. New Delhi: Paytm, India’s largest mobile payments company and an e-commerce platform, has said that post demonetisation of Rs.500 and Rs.1000 notes, it has touched a record five million transactions a day, against Rs.2.5-3 million transactions earlier. With banks and ATMs unable to meet a high demand for new currency,...
More »Prabhat Patnaik, economist and professor emeritus at Jawaharlal Nehru University, interviewed by Jahnavi Sen
-TheWire.in In conversation with economist Prabhat Patnaik on the government’s decision to demonetise Rs 500 and Rs 1000 notes. On November 8, Prime Minister Narendra Modi addressed the nation at 8 pm and announced that Rs 500 and Rs 1000 notes would no longer be legal tender after midnight that night. This move was needed to tackle the “disease of black money,” he said. Since then, their have been numerous reports of how...
More »Farmers, agro industry developing alternatives to stubble-burning
-Hindustan Times Nabha: After a tumultuous demand for alternatives to stubble-burning, the departments seem to have come into action. Officials are visiting the farmers, who gave up stubble-burning and adopted alternative methods on their own, to see the viability of the methods. The agriculture development department highlighted a new instrument made by New Gurdeep Combines, which is fixed at the back of a harvester combine. It trims the stubble into small...
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