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Universal Basic Income can be funded by reducing subsidies to the rich -Pranab Bardhan

-The Indian Express I think packaging a significant UBIS with a simultaneous increase in the taxes on the rich will help macro-economic stability, apart from assuaging the poor who will face some of the price rise in commodities or services, when subsidies are withdrawn. After my last op-ed in this paper (The safety net of the future) several readers, intrigued by the idea of a Universal Basic Income Supplement (UBIS) proposed...

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High Arsenic Levels In Punjab Wells Raising Major Public-Health Concern: Study

-NDTV Of the 13,000 wells in Indian side of Punjab, 25 per cent of them had high levels of arsenic, the study highlighted. New Delhi: The Indus Basin region covering areas of Indian as well as Pakistan side of Punjab has "serious" levels of arsenic in groundwater, along with traces of fluoride and nitrate, raising a major public-health concern, a new study Tuesday said. Of the 13,000 wells in Indian side...

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Demonetisation: Is data being cherry-picked to show note ban delivered? -Rupa Subramanya

-Financial Express Has demonetisation led to a big increase in the number of people filing taxes and in tax revenue collected? Has demonetisation led to a big increase in the number of people filing taxes and in tax revenue collected? In other words, have the tax base and tax revenue increased substantially due to demonetisation? Minister of finance Arun Jaitley, and assorted defenders of the government, do make these claims. Writing in...

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Rajan backs Urjit on differences with Centre, says RBI board role worrisome, shouldn't intervene in ops

-The Times of India MUMBAI: Embattled RBI governor Urjit Patel’s predecessor Raghuram Rajan has come out in support of professionals leading the central bank, stating the regulator’s board should only ensure governance, not intervene in operational decisions. “The RBI’s board is not an operational board. It is not led by professional supervisors or central bankers. These are all people from different walks of life whose main role is to play the wise...

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Madhav Gadgil, noted ecologist, interviewed by Nidheesh MK (Livemint.com)

-Livemint.com Ecologist Madhav Gadgil, whose report on Western Ghats was rejected by the Kerala government, on what caused the Kerala floods and how the rebuilding process should be carried out Ernakulam (Kerala): Submitted seven years ago on 31 August 2011, ecologist Madhav Gadgil’s report on the biodiverse Western Ghats—a portion of which falls in Kerala—had warned that the combination of massive ecological destruction and extreme weather events trigger disaster. His words proved...

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