-The Times of India In the finely balanced but lucrative economy of vegetable and fruit trade, demonetisation has had a bizarre effect. In distant rural areas, local vegetable prices — both wholesale and retail — have crashed as the oxygen of currency has been suddenly sucked out. Since the whole economy depended on cash, from Transport to mandis to purchase prices, this is unsurprising. But in cities, where there is more liquidity,...
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Demonetisation hits MSMEs hard, output plunges to 50% of capacity; labour unrest fears haunt sector -Abheri Raychaudhuri
-The Financial Express Ahmedabad: With production having slowed down to about 50% for most micro, small and medium enterprises (MSMEs) since the demonetisation of R500 and R1,000 notes by the Centre, a spectre of unrest is beginning to haunt labour-intensive sectors such as the textile and chemicals units in Gujarat. “There are two lakh registered MSME units in Gujarat, several of which form ancillary units for the textile industry such as for...
More »Bringing PDS out of the abyss -Anjali Bhardwaj and Amrita Johri
-Deccan Herald System overhaul: Transparency measures with strong accountability mechanisms can usher in change The National Food Security Act (NFSA) passed in 2013 gives statutory backing to the Public Distribution System (PDS). Up to 75% of the rural population and 50% of the urban population is entitled to receive food grain under the Act. Beneficiaries are categorised into priority households, entitled to 5 kg of subsidised grains per person per month, and Antyodaya...
More »It Is Time to Address India's Abysmal Job Creation Record -Pradeep S Mehta & Amol Kulkarni
-TheWire.in More than 550 jobs were lost each day in the last four years in India, placing it behind Bangladesh and Vietnam in terms of job creation. The sheer pressure of poverty means that job creation will always be high on the agenda of any government. In India, significant public resources have been invested to encash the demographic dividend and prevent it from becoming a burden. But the results have been far...
More »The widening class divide -Tanu Kulkarni
-The Hindu Children from the RTE quota are often left feeling small as equality seems to be lost in monetary disparity Thirty-two-year-old Uma Devi (name changed) is conspicuous in a crowd of parents who have come to pick their children up in swanky cars. She works as a Group D employee at a government hospital, but thanks to the 25 per cent reservation quota mandated by the Right to Education (RTE) Act,...
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