-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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Demonetization: Witless and Anti-People -Prabhat Patnaik
-TheCitizen.in NEW DELHI: Narendra Modi went on national television at 8 p.m. on November 8 to announce that from midnight of that very date, i.e. in a mere four hours’ time, 500 and 1000 rupee notes would cease to be legal-tender. The justification advanced for this bizarre move was that it would strike at “black money”. An additional argument was thrown in, to the effect that fake currency notes used by “terrorists”...
More »Straws in the wind -Elumalai Kannan
-The Hindu Paddy stubble, unlike wheat residue, isn’t valuable animal feed. Incentivising biomass-based power plants in Punjab and Haryana will help north India breathe easier. Delhi has registered its worst air quality in recent times. This has prompted Chief Minister Arvind Kejriwal to call it a “gas chamber”. Pollution in different parts of the capital has touched hazardous levels with potentially serious health effects on the rich and poor alike, especially on...
More »Govt servants may get 'shield' from proSECution, agencies will need approval to probe
-The Times of India NEW DELHI: All government servants may get a 'shield' from proSECution as the Centre has okayed changes in the Prevention of Corruption Act to make it mandatory for investigating agencies like CBI to take its prior approval before initiating an investigation against them. Union minister of state for personnel Jitendra Singh on Thursday said the purpose behind mandating proSECution sanction for government officers under the anti-graft law was...
More »Stubble burning: Growing mechanisation, increase in paddy area added to problem
-Hindustan Times Sukhwant Singh, a farmer in Haryana’s Kurukshetra, had most of his 12 acres of agricultural land under paddy. After harvesting his crop, he set the paddy stubble on fire, burning it to the ground within a few hours. Singh and most other paddy growers in Punjab and Haryana, who are facing financial constraints due to falling productivity and dwindling returns, do not care about the ban on stubble burning put...
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