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Six years since demonetisation, cash with public at record high of ₹30.88 lakh crore

-PTI/ The Hindu The intent of the move, which was criticised by many experts for poor planning and execution, was to make India a "less cash" economy. Currency with the public has jumped to a new high of ₹30.88 lakh crore as of October 21, illustrating that cash usage is still robust even six years after the demonetisation move. At ₹30.88 lakh crore, the currency with the public is 71.84% higher than the...

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Hospitals fined for fake Ayushman Bharat claims -Bindu Shajan Perappadan

-The Hindu 144 institutions were de-empanelled Non-genuine 18,606 hospital transactions were detected in the Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) with penalty amounting to Rs.29.72 crore being levied on erring hospitals. Also 144 hospitals were de-empanelled from the scheme based on confirmed fraudulent behavior, said the Health Ministry in its reply to the Parliament in the recently concluded session. The Ministry added that the National Health Authority (NHA)—the implementing agency...

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Corruption Allegations Felled The UPA, But Modi’s Bribery-Fighting Lokpal Has Little To Do -Saurav Das

-Article-14.com One of the issues that brought Prime Minister Narendra Modi to power in 2014 was corruption, the antidote to which was to be a Lokpal, a public ombudsman. His government reluctantly set it up only five years later, after a Supreme Court order. In 2021, it received no more than 30 complaints, with critical posts of inquiry and prosecution chiefs vacant, a third of its budget unused and a former...

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Haryana’s deficit payment scheme still a work in progress, I learnt in my mandi visits -Yogendra Yadav

-ThePrint.in Farmers, farm leaders, economists and policy makers would do well to study this scheme carefully as it shows a possible path to the future. Anew model? Or another fiasco in the making? I kept asking my colleagues and myself as we travelled across the semi-arid bajra growing belt of south Haryana. We stopped at a few mandis — Rewari, Kanina, Ateli, Narnaul, Dadari and Bhiwani — and spoke to farmers, adhatiyas...

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Partially reformed -Anup Sinha

-The Telegraph Inequality remains integral to India’s growth story This year marks three decades of market-friendly economic reforms introduced in 1991 by the P.V. Narasimha Rao administration. Manmohan Singh was considered the mastermind behind breaking the shackles of the license-permit raj, an inefficient government, a stifled private sector, and a strictly controlled import regime. All these led to low economic growth, large incidence of poverty, an inefficient, unwieldy public sector, and pervasive...

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