-Ideas for India In an earlier article, Pronab Sen, Country Director, IGC India Central, examined some of the economic consequences of the recent demonetisation of Rs. 1,000 and 500 notes in India, and concluded that the potential damage could be substantial, both in terms of growth and equity. In this article, focussing on solutions, he contends that the government now needs to realise that credit for production purposes is at least as,...
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Air quality a bit better, may improve this week
-The Times of India NEW DELHI: Delhi's air quality on Monday was the best the city has seen in 20 days although it was still in the 'very poor' category. The good news is that the city's air is likely to get slightly cleaner in the next few days, the Central Pollution Control Board said. The air quality index on Monday had improved to 311, the best since October 26 when the...
More »Motive behind demonetisation is justifiable but there may be collateral damage
There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded. Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...
More »Demonetisation Fallout: Cashless Villagers Loot PDS Shop in MP's Chhatarpur Village -Manoj Sharma
-News18.com Bhopal: Cashless villagers in Madhya Pradesh's Bardua village looted a public distribution system shop (PDS) after its owner refused them to accept the now-defunct Rs 500 and Rs 1,000 currencies for groceries on Friday, sources told CNN-News18. A group of villagers turned up at the shop to buy food grains and an altercation ensued between them and shop owner Munnilal Ahirwar after the later refused to accept the currencies, police said....
More »To breathe fresh air, opt for better agricultural technology
Delhi's air is not fit to inhale. Experts argue that prolonged exposure to toxic air could lead to serious health hazards like heart and lung diseases, various types of cancer etc. But is it the case that the smog, which engulfed the entire National Capital Region (NCR) and many of the north Indian cities during October-November was entirely caused due to burning of firecrackers in Diwali or because of vehicular...
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