-Business Standard The governor did not give specific answers on who initiated the note ban New Delhi: Unsatisfied with the responses of Reserve Bank of India (RBI) Governor Urjit Patel to specific queries on demonetisation, the Public Accounts Committee (PAC) of Parliament on Friday asked him to furnish written replies to the concerns expressed by the members within two weeks and appear before the panel again. Patel, along with Deputy Governor R Gandhi...
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Poor swiped out in choice-less, not cash-less, society -Aruna Roy and Nikhil Dey
-The Indian Express For the poor, with little cash in the first place, digital promises to ‘swipe’ them out, before their marginalisation is even addressed. Demonetisation is, by its very nature, an autocratic, coercive step. The demonetisation of November 2016 has affected every single Indian. We are, as usual, persuaded to bear the pain and suffering, to “sacrifice” for the nation. The rhetoric continues but it now seems clear that the objective...
More »Stories of notebandi -Satish Deshpande
-The Hindu Anger and frustration dominate discussions on demonetisation at a jan sunwai in Beawar, Rajasthan About five-six hundred people are crowded in and around a small shamiana-covered triangle, like the apex of the letter A. The two arms of the A are busy streets typical of small-town India, a press of pedestrians and two-wheelers punctuated with foraging cows, goats and impatient cars and tempos. Including the shopkeepers and hangers-on across the...
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...
More »How Gujarat's Maldharis Are Asserting Their Rights Over the Banni Grasslands -Gaurav Madan
-TheWire.in To oppose the forest department’s plan to limit open grazing, the pastoral community is formally pursuing their collective land rights through the Forest Rights Act. The sun has not yet decided to rise. It’s pitch black out but a group of Maldharis has already assembled for the last session of this year’s milking competition. Their massive buffalos are majestically adorned with intricate garlands and colourful necklaces. The panch (group of five...
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