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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...

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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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Soil health card scheme lags behind due to lack of interest from states -Sayantan Bera

-Livemint.com According to a background note prepared by the agriculture ministry, less than a fifth of targeted farmers have received soil health cards New Delhi: The government’s flagship scheme to correct the imbalance in fertiliser use and reduce costs of cultivation by providing all farmers with a soil health card is moving at a slow pace as states drag their feet. According to a background note prepared by the agriculture ministry and...

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NCRB data: handle with care -KP Asha Mukundan

-The Hindu If the data on juvenile crime are anything to go by, the annual reports of the National Crime Records Bureau cannot be taken at face value. The National Crime Records Bureau’s (NCRB) annual round-up of crime statistics has in recent years been the subject of extensive media coverage. The parsing of the official data, however, tends to be a superficial exercise, focussing on the big numbers instead of the minutiae. Numbers...

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The indirect benefits transfer -Jayati Ghosh

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

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