-Scroll.in The disruptive impact of the demonetisation policy is most evident in Varanasi’s sari-fabric industry. Prime Minister Narendra Modi’s decision to demonetise high-denomination notes has delivered a crippling blow to the uniquely Indian system of financing business. This outcome is ironic for the prime minister whose party, the Bharatiya Janata Party, is forever engaged in extolling India’s contribution to knowledge in ancient times and singing praises of Indian culture. From Delhi to Varanasi...
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In fact: When the money stops -Harish Damodaran
-The Indian Express The effects of de-monetisation will be the most acute when it spreads from consumption in households to production in factories and by farmers across the country. So far, the effects of Prime Minister Narendra Modi’s ‘de-monetisation’ of existing Rs 500 and Rs 1,000 denomination currency notes have been largely felt by households, shopkeepers and other microenterprises. These economic agents have, to a limited extent, adjusted to the new situation...
More »Is the North-East monsoon headed for a washout? -Vinson Kurian
-The Hindu Business Line Thiruvananthapuram: All available indications now point to the washout of the North-East monsoon in the Peninsula, after the drubbing it received during the preceding South-West monsoon. With half of November gone and no prospects of any major pick-up in rain during the rest of the month, there is little that the last month of December can possibly bring in. What looked a like a brief revival in activity early...
More »Cutting the jargon: Here's a website that translates Indian laws into simple English -Aarefa Johari
-Scroll.in Built on the Wikipedia model and launched on November 3, Nyaaya also has guides for crime victims and accused. India has more than a thousand central laws, a larger number of state laws and a criminal justice system so complex, most of the population struggles to navigate it. A year ago, Delhi-based lawyer Srijoni Sen decided to make this system a little easier for the masses, one step at a time....
More »Maneka Gandhi moots nutrition in sachets to combat malnourishment -Raghav Ohri
-The Economic Times Union Minister for Women & Child Development Maneka Gandhi wants to put an end to children consuming empty calories. Instead, she wants them to consume calories rich in nutrition, and her ministry wants to have sachets containing 600-1000 calories of nutrition for children. The plan, brainchild of Gandhi, suggests that the central government will supply the nutrients list and the state(s) can have them made. The sachet will bear...
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