-The Times of India BENGALURU/ NEW DELHI: Through Sunday, the media was buzzing with reports that petrol pumps would refuse to accept card payments for fuel from Monday. Anxious consumers, already grappling with a cash shortage, fretted that this would directly clash with the government's efforts to wean people off cash and encourage digital payments. Finally, there was some relief on Sunday night after banks agreed to defer their decision to charge...
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Punjab farmers PLAgued by pests and payment crunch -Aesha Datta
-The Hindu Business Line Sangrur and Samrala: In normal times, the grain mandi of Samrala is abuzz with the hum of agrarian commerce. These days, however, it lies virtually vacant, with only a handful of farmers coming to sell their produce. Joginder Singh Sahni says that usually the mandi is full of wheat and rice farmers selling their goods. Commission agents and other links on the commercial chain add to the...
More »'Non-profitable' agriculture shrinking fast in hill villages
-Hindustan Times Dehradun: Digamber Negi, 37-year-old farmer in picturesque Doon Dwara village on the border of Dehradun-Tehri Garhwal districts, is cursing his fate after monkeys barged into his field a week ago and destroyed vegetable crop. Like Negi, several other villagers have similar plight to share. The village has a population of 320 people and they are dependent only on agriculture. Villagers comPLAin that in the past one decade or so, attacks by...
More »What the RBI Should Do to Minimise the Impact of Demonetisation -Surajit Das
-TheWire.in People have lost their jobs, small businesses are closing down and the agricultural sector has been hit hard as a result of demonetisation. The RBI must increase the supply of cash to curb further fallout. Money is not cash. In fact, cash in circulation was just 14% of all money in 2015-16 according to the Reserve Bank of India (RBI). Measures of money also count close substitutes of cash including the...
More »Private firms collecting Aadhaar data not a great idea, says SC -Utkarsh Anand
-The Indian Express The apex court had earlier permitted voluntary use of Aadhaar cards in social welfare schemes such as LPG subsidy, PDS, MGNREGA, pension schemes and provident fund. New Delhi: THE SUPREME Court Thursday declined to expedite hearing of Aadhaar cases challenging the constitutional validity of the initiative but observed that data collection by private agencies might not be “a great idea”. Chief Justice of India J S Khehar made the remarks...
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