-The Hindu Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year. New Delhi: Paytm, India’s largest mobile payments company and an e-commerce PLAtform, has said that post demonetisation of Rs.500 and Rs.1000 notes, it has touched a record five million transactions a day, against Rs.2.5-3 million transactions earlier. With banks and ATMs unable to meet a high demand for new currency,...
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Abhijit Sen, economist and former chairman of the Commission for Agricultural Costs and Prices, interviewed by Lola Nayar
-Outlook Economist Abhijit Sen on how Modi is PLAnning a greater tax intake buying into the idea of a transition to a cash-less economy. Former chairman of the Commission for Agricultural Costs and Prices, economist Abhijit Sen, in an interview with Lola Nayar, exPLAins that Prime Minister Narendra Modi is PLAnning a greater tax intake buying into the idea of a transition to a cash-less economy. Sen expects a tax amnesty scheme...
More »RePLAcing anganwadis with food sachets will only set India?s nutrition schemes back -Dipa Sinha
-Scroll.in The government is likely to announce a new nutrition mission with a bigger role for private companies. The Government of India is expected to announce a National Nutrition Mission in December this year. Some glimpses of what this mission will include were revealed in a recent news item in the Economic Times. The focus seems to be on centralising production of take home rations given to young children and pregnant or...
More »Note demonetisation: What of the women who hide cash to feed their children or to escape abuse? -Nishita Jha
-Scroll.in A large section of women in India are out of the banking system, and the currency withdrawal has hit them hard. The helpline rang all day at the women’s crisis centre in Bhopal, Madhya Pradesh, on Wednesday. Counsellors took calls from women wondering what to do with their hard-earned savings after Prime Minister Narenda Modi in a surprise television address to the nation the night before had announced the demonetisation of...
More »Demonetisation leaves lakhs of tea, jute workers in Bengal, Northeast unpaid -Snigdhendu Bhattacharya, Amitava Banerjee and Rahul Karmakar
-Hindustan Times Kolkata/ Darjeeling/ Guwahati: More than five lakh workers in West Bengal’s biggest labour-intensive industries of tea and jute have not got wages since Wednesday when the union government withdrew two high-denomination currency notes. A similar predicament exists in neighbouring Assam and the rest of the Northeast, which has tea estates in remote areas where currency notes will take days to arrive. In Bengal, owners of several tea gardens and jute mills...
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