-Livemint.com Delays in replacing the currency risk prolonging the pain in the $2 trillion economy, where about 98% of consumer payments are made in cash Mumbai: For people expecting respite from the government’s clampdown on cash, here’s a reality check: it probably won’t come soon. Prime Minister Narendra Modi’s Administration may need until May 2017 to replenish the stock of now worthless bills, according to Saumitra Chaudhuri, an economist who advised Modi’s predecessor....
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Prabhat Patnaik, economist and professor emeritus at Jawaharlal Nehru University, interviewed by Jahnavi Sen
-TheWire.in In conversation with economist Prabhat Patnaik on the government’s decision to demonetise Rs 500 and Rs 1000 notes. On November 8, Prime Minister Narendra Modi addressed the nation at 8 pm and announced that Rs 500 and Rs 1000 notes would no longer be legal tender after midnight that night. This move was needed to tackle the “disease of black money,” he said. Since then, their have been numerous reports of how...
More »Haryana farmers blame mechanised harvesters for Delhi smog -Ashok Kumar
-The Hindu Cheaper combine harvesters have replaced expensive farm labour but leave behind stubble Bali Ram, a 39-year-old farmer from Kaimla village in Karnal, around 120 km from Delhi, did not burn the paddy stubble in his fields this year for fear of being penalised. Despite the extra cost, he decided to plough his land with a tractor to get rid of the plant stalks. However, he conceded that most of the villagers...
More »Delhi pollution: Sadly, Arvind Kejriwal's emergency plan is old and ineffective -Kanishka Singh
-The Indian Express The CM has ordered schools to remain shut for three days and halted construction of roads for five days. New Delhi: Delhi Chief Minister Arvind Kejriwal announced emergency measures for reducing the alarming air pollution levels in the Capital. However, the steps announced seem too little too late. One can recall the orders given last winters by the Supreme Court to reduce air pollution in the city and...
More »Punjab: Farmers to escape fines for burning crops due to upcoming polls -Baishali Adak
-Mail Today "We do not wish to risk upsetting farmers just ahead of the polls," the Punjab agriculture department officials said. Punjab has pleaded helplessness on the farm fire menace clearly citing the impending Assembly elections in March-April 2017. Members of the Supreme Court-appointed Environment Pollution Control Authority (EPCA) told Mail Today that at two recent meetings, Punjab agriculture department officials prayed they may be excused from fining farmers for burning paddy...
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