-The Hindu The rankings serve as a trusted ready-reckoner for foreign investors looking to invest in a country Chennai: India’s leap in the World Bank’s Ease of Doing Business rankings this year has slipped under the radar, in the cacophony over demonetisation and the RBI-Centre spat. The country has, in fact, Been one of the biggest ‘improvers’ in the 2019 study, with its rank shooting up from 100 to 77, among 190 countries....
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Two museums in Mandya are saving native paddy grains from extinction -R Krishna Kumar
-The Hindu A farmer’s house in the nondescript Kirugavalu village is the country’s largest private rice museum A serpentine road from Mysuru cuts through lush green fields and leads to an obscure village dotted with run-down houses and petty shops with thatched roofs. Sidestepping a passing herd of sheep, I enter a narrow lane and reach a 75-year-old house with a row of pillars. It is this house, in the nondescript Kirugavalu village in...
More »Groundwater depletion alarming in northwest, central India -R Prasad
-The Hindu Natural recharge during monsoon may not help much if groundwater depletion becomes acute, as rainfall of past years controls current storage With 230 billion metre cube of groundwater drawn out each year for irrigating agriculture lands in India, many parts of the country are experiencing rapid depletion of groundwater. The total estimated groundwater depletion in India is in the range of 122–199 billion metre cube. The Indo-Gangetic Plain, northwestern, central and...
More »BHIM UPI, RuPay swipe Mastercard, Visa -Shishir Sinha
-The Hindu Business Line Home-grown payment systems corner over 60% of digital transactions New Delhi: India’s own Bharat Interface for Money (BHIM) and RuPay cards have garnered over 60 per cent market share of the digital transactions business, pushing back global giants such as Mastercard and Visa. BHIM is a UPI-based payment interface that allows real-time fund transfer using a single identity, typically a mobile number or a name. Unified Payments Interface (UPI)...
More »Demonetisation, GST held back growth: Raghuram Rajan
-PTI Says 7% growth not enough; centralisation of power a problem. Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India’s economic growth last year, former RBI governor Raghuram Rajan has said, asserting that the current 7% growth rate is not enough to meet the country’s needs. Addressing an audience at the University of California in Berkeley on Friday, Rajan said for four years — 2012...
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