Free Press Journal
  • Savings-investment myth of demonetisation

    Going by the numbers, there seems to be lots to cheer post-demonetisation. Indian households, who hitherto would have spent all their waking hours thinking of how to add to their holdings of property, gold and silver jewellery, have now adopted the mantra of ‘less cash’. So, as latest data reveals, Indian households’ holdings of cash have turned negative and they have started saving more in the form of bank deposits, life insurance

  • etc lead Pic: mybigredbag.com

    900 mn Indians live in two rooms or less

    For 10 years, Degal Srimangar Sao, 26, has been sleeping in the corridor of a central Mumbai commercial complex, where he delivers tea every two hours to busy corporate employees. Vijay, as he prefers to be called in Mumbai, is from Kharkatto, a village of 300 homes and 1,765 people – nearly 1,800 km northeast of Mumbai – in Hazaribagh district in the Gangetic-plains Hindi-heartland state of Jharkhand. His nine-member extended family