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Five years later, it’s even more clear that demonetisation was a disaster for India -Arun Kumar

-Scroll.in The move brought about a policy-induced crisis for the country and did little to stop the flow of black money. The demonetisation of high-denomination currency notes on November 8, 2016, created a nightmare for citizens that lasted several months. Long queues formed outside the banks and ATMs to obtain swap denotified currency notes for new ones so that life could continue. This situation persisted even beyond December 30, 2016, the last...

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India’s Fertility Transition and Differences between Religious Groups -KS James and Md Juel Rana

-TheIndiaForum.in ‘Overpopulation’ can no longer be a concern in India, as across states and across religious groups fertility has been falling in recent decades and approaching replacement level. Fears about a demographic shift between religious groups are not based on fact. India’s demographic trends have been viewed optimistically in recent years, compared to the second half of the 20th century when the discourse was about “overpopulation”. Undoubtedly, the country is now passing...

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How India’s informal economy is shrinking, and why that’s good news in the long term -Ila Patnaik and Radhika Pandey

-ThePrint.in Greater formalisation will see a shift from low-paying, labour-intensive jobs in informal sector to more productive, formal-sector jobs. This could lead to disruption in short term. A report issued by the State Bank of India (SBI) last month estimated that India’s informal economy has shrunk to 15-20 percent of the GDP in 2020-21 from 52 percent in 2017-18. The report uses employment and digitisation to assess the extent of formalization in...

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Kerala must prepare to face future with increasing ageing population, says study -KA Martin

-The Hindu The study was done by the Centre for Socio-Economic and Environmental Studies in Kochi Kerala needs to focus on the challenges posed by an increasingly ageing population in the midst of a demographic transition that has seen fertility levels falling below the replacement level and life expectancy remaining at 75 years. The State must draw up long-term strategies to face a situation in which there is a decline in the...

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Haryana’s deficit payment scheme still a work in progress, I learnt in my mandi visits -Yogendra Yadav

-ThePrint.in Farmers, farm leaders, economists and policy makers would do well to study this scheme carefully as it shows a possible path to the future. Anew model? Or another fiasco in the making? I kept asking my colleagues and myself as we travelled across the semi-arid bajra growing belt of south Haryana. We stopped at a few mandis — Rewari, Kanina, Ateli, Narnaul, Dadari and Bhiwani — and spoke to farmers, adhatiyas...

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