-The Hindu Business Line At present only 84 Central schemes are under DBT New Delhi: Hoping to give a push to its ambitious scheme for cash transfer of subsidies, the Centre is in talks with nodal ministries and implementing agencies to expand the ambit of direct benefit transfer and Aadhaar seeding to all 536 schemes by the end of the year. “The objective is that service providers as well as service receivers in...
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How tech is undoing NREGA in Jharkhand
-The Times of India Going online was supposed to clean up and smoothen functioning of government schemes like the rural job guarantee scheme MGNREGS. But experience from Jharkhand's tribal districts shows that besides the chronic lack of connectivity, a brand new system of corruption has emerged. And, instead of more transparency, villagers with no knowledge of the electronic way of life are running blindly from pillar to post. Too many flip-flops...
More »Sowing a concept
-The Hindu Business Line Implementing a national agricultural market is about more than just setting aside minor funds in the Budget Finance minister Arun Jaitley announced in the Budget that the coverage of the National Agricultural Market (e-NAM) would be extended from 250 mandis (markets) to 585 across the country. This is just a reiteration of what was planned when the e-NAM was launched, in April 2016. Jaitley has also sanctioned Rs....
More »Amartya Sen, Nobel Laureate and economist, speaks to Suvojit Bagchi (The Hindu)
-The Hindu The truth may ultimately prevail about demonetisation, but the government might be able to maintain the loyalty of a large part of the public for a long time, says Amartya Sen More than two months after the demonetisation, Nobel Laureate and economist Amartya Sen says that any proper “economic reasoning could not have sensibly led to such a ham-handed policy.” He predicts that the demonetisation will hit the economy quite...
More »What the RBI Should Do to Minimise the Impact of Demonetisation -Surajit Das
-TheWire.in People have lost their jobs, small businesses are closing down and the agricultural sector has been hit hard as a result of demonetisation. The RBI must increase the supply of cash to curb further fallout. Money is not cash. In fact, cash in circulation was just 14% of all money in 2015-16 according to the Reserve Bank of India (RBI). Measures of money also count close substitutes of cash including the...
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