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‘Banks may risk losing ₹3,800 cr. from cards

‘Banks may risk losing ₹3,800 cr. from cards’: (The Hindu) Context As per the new report, the Centre’s digital payments push, mainly card payments through Point of Sale (PoS) machines, may leave already capital starved banks bleeding by Rs. 3,800 crore annually. What is the cause? Post November’s note-ban, the government has pushed banks intoRead Full Article

VVPAT to be used in Gujarat polls

VVPAT to be used in Gujarat polls: (The Hindu) Context: Use of Voter Verifiable Paper Audit Trail (VVPAT) What is the news? The Election Commission of India will use Voter Verifiable Paper Audit Trail (VVPAT) gadgets with Electronic Voting Machines (EVM) in upcoming Assembly polls in Gujarat. Why is it important? This is the firstRead Full Article

Hope in Darjeeling

Hope in Darjeeling: (The Hindu) Context: almost 100 days after a near- total shutdown in Darjeeling hills demanding a separate state of Gorkhaland, Gorkha Janmukti Morcha (GJM) president Bimal Gurung on Tuesday announced withdrawal of the bandh. Introduction: The development came hours after Union Home Minister Rajnath Singh made a fresh appeal to Mr. GurungRead Full Article

A modern Police

A modern police: (Indian Express, Editorial Context Government spending money on police infrastructure is only the first step. Modernisation  of police infrastructure : Statistics The government has finally put numbers to the speeding up the modernisation of India’s creaking police infrastructure. The cash on the table is substantial: Rs 25,000 crore over three years, ofRead Full Article

Centre to review flexi-fares on select trains

Centre to review flexi-fares on select trains: (The Hindu) Context The Union government will review the flexi-fare system introduced in premium trains last year. Reviewing flexi-fare system system The Railways were also planning to reset its timetable by reducing the travel time for 600-700 trains through rescheduling and increasing speed. Discussions were held to reviewRead Full Article