-The Hindu The tremendous power of the software industry in India may help explain why the disruptive effects of demonetisation are being taken lightly Evidence is mounting of the disruptive effects of the recent move to renew currency notes, known as “demonetisation”. Disruption is actually a mild expression. What is happening is a catastrophe for large sections of the population. Farmers have dumped vegetables by the roadside for want of a remunerative...
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Farm sector, jobs to top agenda of PM Modi's Niti Aayog meet -Mahendra Singh
-The Times of India NEW DELHI: Agriculture and jobs will form the focus of Prime Minister Narendra Modi's discussions on Tuesday with top economists and experts from India and abroad at a time the government has been criticised for the country's 'jobless growth'. The theme of the Niti Aayog meeting is 'Economic policy: The road ahead', but the PM has asked the premier government thinktank to concentrate on two areas: agriculture and...
More »Has demonetisation hit micro-finance? -MS Sriram
-The Hindu Business Line Kirana and tea shops are doing better than businesses that involve discretionary spending The Micro-finance industry (MFI) is cursed and blessed at the same time. When there were indications that the micro-finance sector is overheating, with high growth rates, multiple lending and oppressive loan recovery practices, the withdrawal of specified bank notes (SBN) hit them. There were reports of stress from Uttar Pradesh and it appeared that there...
More »India Will Be Hard-Pressed to Find Another Anupam Mishra -Himanshu Thakkar
-TheWire.in In November, after a very cogent public speech on India’s rivers, he was completely exhausted and in pain. But that he came anyway showed his dedication. “I need to go and pay respect to the people fighting for India’s rivers” insisted the weak Gandhian, barely able to walk, on November 28. In his speech at the India Rivers Week’s inaugural ceremony on that day, Anupam Mishra, with his characteristically wry humour,...
More »Esther Duflo, development economist and a professor at the department of economics at the Massachusetts Institute of Technology (MIT), interviewed by Roshan Kishore and Pramit Bhattacharya (Livemint.com)
-Livemint.com Economist Esther Duflo on demonetisation impact, role of randomized control trials in policymaking, low priority assigned to health and education in India New Delhi: India’s demonetisation of high-value currency notes is a dramatic example of a policy announcement made without any serious thought given to implementation, said Esther Duflo, one of the leading development economists of the world and a professor at the department of economics at the Massachusetts Institute of...
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