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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...

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Farm distress: Gujarat's groundnut growers take a hit as prices plunge below MSP -Gopal Kateshiya

-The Indian Express After cotton last year, the BJP state government faces a fresh challenge ahead of late-2017 elections. Rajkot: GROUNDNUT FARMERS last week forced a suspension of auctions at the agriculture produce market committee (APMC) mandi in Amreli to protest against tumbling prices of Gujarat’s second biggest cash crop after cotton. The new groundnut-in-shell crop is fetching around Rs 3,500 per quintal, well below the minimum support price (MSP) of Rs...

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Feeding off the land -Anuradha Sengupta

-The Hindu Business Line An Odisha organisation is working hard to preserve traditional foods and prevent the mainstream from swallowing up local knowledge systems Inside a candy pink-and-yellow shamiana, a group of children in blue uniforms line up in front of stalls heaving with different kinds of foods. Tubers in shades of brown, beige and cream; pink and red berries; tiny yellow, orange and red tomatoes; leaves of many sizes and shapes;...

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NGO files plea on 26k teaching vacancies -Abhinav Garg

-The Times of India NEW DELHI: An NGO has approached the Delhi high court, seeking its intervention to immediately fill nearly 26,000 vacancies of teachers in schools run by the state government and municipal corporations. In its petition, Social Jurist has pointed out that despite a 15-year-old HC decision to recruit more teachers, these schools still have vacancies, depriving lakhs of students of their fundamental right to receive quality education. Filed through...

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The foreign hand isn't enough -Alex M Thomas

-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private investment, much less FDI. Only public investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...

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