-IndiaSpend This puts in peril the government's target to achieve 25 billion digital transactions in 2017-18 The value of digital transactions nationwide declined marginally (1.5%) to Rs 92.6 lakh crore ($1.4 trillion) in February 2017 from Rs 94 lakh crore in November 2016 ($1.42 trillion), according to representative data (provisional) on Electronic payments released by the Reserve Bank of India (RBI). The data do not cover all transactions across all banks. But, card...

-The Hindu Business Line At present only 84 Central schemes are under DBT New Delhi: Hoping to give a push to its ambitious scheme for cash transfer of subsidies, the Centre is in talks with nodal ministries and implementing agencies to expand the ambit of direct benefit transfer and Aadhaar seeding to all 536 schemes by the end of the year. “The objective is that service providers as well as service receivers in...

-The Times of India Going online was supposed to clean up and smoothen functioning of government schemes like the rural job guarantee scheme MGNREGS. But experience from Jharkhand's tribal districts shows that besides the chronic lack of connectivity, a brand new system of corruption has emerged. And, instead of more transparency, villagers with no knowledge of the electronic way of life are running blindly from pillar to post. Too many flip-flops...

-The Hindu The truth may ultimately prevail about demonetisation, but the government might be able to maintain the loyalty of a large part of the public for a long time, says Amartya Sen More than two months after the demonetisation, Nobel Laureate and economist Amartya Sen says that any proper “economic reasoning could not have sensibly led to such a ham-handed policy.” He predicts that the demonetisation will hit the economy quite...

-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...