-The Hindu The Supreme Court’s verdict that ordinances are subject to judicial review, and do not automatically create enduring effects, places a timely check on a power rampantly abused by governments On January 2, in one of many judgments delivered on its first working day of the year, the Supreme Court, in Krishna Kumar Singh v. State of Bihar, made a series of pronouncements with potentially huge implications for the future of...
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India's Legal Reforms Process Facing Multiple Crises -Saurav Datta
-TheWire.in A report by the Vidhi Centre for Legal Policy found that on an average, a law took 261 days to come into force and 14% of laws took a whopping 1000 days to become implementable. The term ‘legal reform’ has caught the imagination of policymakers, the judiciary and the general public, taking everyone by storm. Suddenly, everybody is clamouring to usher in new laws and weed out redundant ones. The government...
More »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...
More »Why restrictions on stockholding and export of pulses must go -Harish Damodaran
-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...
More »Crop insurance scheme: Centre, Bihar lock horns -Anand Mishra
-The Indian Express State government says it won’t be able to foot the 50:50 share of bill. Tussle is brewing between the Nitish Kumar-led government in Bihar and the NDA government at the Centre on the issue of the implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY). Almost three-fourth of Bihar’s population is dependent on agriculture. While the state has expressed its difficulty in meeting the financial burden of its share in the...
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