-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...

-Livemint.com Nandan Nilekani, one of the brains behind the Unified Payments Interface, on the near-term challenges of going cashless While the government’s decision to scrap Rs500 and Rs1,000 bank notes has been met with resistance from some quarters and been called too abrupt, Infosys co-founder Nandan Nilekani backed it, saying it was needed to speed up the move to a cashless economy. “There is no question that this is a very bold...

-IANS Hydropower projects, on Himalayan water resources, can face hazards of glacial lake outbursts that can damage its infrastructure Of the 177 hydropower projects (HPP) located close to Himalayan glaciers over a fifth - including many in India - could be under threat from floods caused by the outbursts of glacial lakes, European researchers have warned. The researchers, from various universities, have charted out a new method for locating the minimum exposure that...

-Livemint.com New system to settle dues to fertilizer firms within a week, record detailed transaction data at time of sale New Delhi: The direct benefits transfer (DBT) scheme for fertilizers that will go on trial in eight districts this month will not entail what its name suggests— the transfer of cash to farmers’ bank accounts. Under the direct transfer of liquefied petroleum gas (LPG) subsidy, customers pay the entire amount for cooking...

-The Telegraph New Delhi: India's regulatory body for medical education, beleaguered by allegations of corruption and performance failures, today announced plans to create a digital register of doctors across the country and track ghost, or fake, faculty in medical colleges. The Medical Council of India (MCI) will update its national register of medical practitioners within six months and use a computer network to monitor in real time the daily attendance patterns of...