-The Hindu Public sector insurers, oil-marketing firms and others not to take a hit for cashless push The Centre has decided to bear the burden imposed on public sector firms on account of the many discounts and incentives offered to promote digital payments. The plan is to create a new expenditure head in the exchequer’s accounts that will absorb the costs of such measures. Public sector insurers, oil-marketing firms and others will thus not...
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M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)
-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...
More »e-NAM - a long way to go -Rajalakshmi Nirmal
-The Hindu Business Line The electronic-National Agriculture Market is a sound idea but implementation is at a nascent stage Farmers in Telangana staged a protest last Monday, demanding discontinuation of the electronic-national agriculture market (e-NAM) platform and restoration of the previous platform provided by NCDEX e-Markets. It followed the failure of the software to accommodate the heavy volumes of the peak season arrivals, beginning with maize and soyabean. The Agriculture Produce Marketing Committee (APMC)...
More »Hunger solutions from the soil -Shyam Khadka
-Livemint.com Healthy, living soil is the most essential element in ensuring food security. Yet it is often ignored by policy planners The global population, which stood at 6.1 billion in 2000, is estimated to reach 8.5 billion by 2030 and 9.7 billion in 2050. India has 2.4% of the world’s arable land and more than 17% of the global population. Meeting the demand for fibre and food to feed this growing population...
More »Ravi Shankar Prasad, Union Law Minister, interviewed by Nistula Hebbar & Krishnadas Rajagopal (The Hindu)
-The Hindu Framers of the Constitution were clear that we must move to a common personal law, the Union Law Minister says. Union Law Minister Ravi Shankar Prasad has said the Centre’s affidavit on the triple talaq issue, which is being heard in the Supreme Court, was based on the principles of assuring gender justice, gender equality and dignity. The Minister stressed that the right to freedom of religion did not enjoin...
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