-The Indian Express Ban on Rs 500, Rs 1000 notes deals with stocks of black money. But push to a cashless economy is premature. The sudden and dramatic announcement by the prime minister banning Rs 500 and Rs 1,000 notes issued by the Reserve Bank of India has a number of objectives. Among them are tackling counterfeit notes, curbing black money and restricting finance for subversive activities. While progress will be made by...
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In one stroke, demonetisation has shaken the trust our monetary system is based on -Devangshu Datta
-Scroll.in Even the long-term benefits of the move seem to be outweighed by the heavy costs and disruption it would cause, particularly for the lower income groups. The demonetisation of Rs 500 and Rs 1,000 currency notes came as a surprise to almost everyone. The details of re-monetisation are still to become entirely clear. What follows is a set of personal opinions of likely outcomes arising from this move to demonetise. Each...
More »Passports don't need details of spouse or father: Panel to MEA -Shalini Nair
-The Indian Express In its report submitted to the MEA, the panel has said that in keeping with global practices, the ministry must consider doing away with these details. New Delhi: IN VIEW of complaints, especially from women, of procedural harassment in passport offices, an inter-ministerial panel has recommended that the Ministry of External Affairs (MEA) should do away with the practice of printing details of a person’s father, mother or spouse...
More »How Tamil Nadu's rural industry model can keep farm unrest at bay -Harish Damodaran
-The Indian Express Decentralised industrialisation, entrepreneurship from below have been absent in states that have seen recent unrest among agrarian communities. “The soil here is very saline with electrical conductivity value of 9. We can grow only chloride-loving crops like coconut and the MR-2 variety of mulberry.” That was Tamil Selvi, recently telling this correspondent about the 5.75-acre land farmed by her father Natarajan Gounder at Velayuthagoundanpudur, a small village around 25...
More »Physician, heal thyself: How graft afflicted NRHM in UP -Devesh K Pandey
-The Hindu Chief medical officers of 72 districts colluded with politicians and contractors in swindling funds meant for poor patients; the CBI has filed 82 cases so far Investigations into the Rs. 9,000-crore National Rural Health Mission (NRHM) scam in Uttar Pradesh have led to the arrest of 149 persons, with the Central Bureau of Investigation arraigning 350 people as accused in 82 cases of corruption, cheating, forgery and conspiracy registered so...
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