-The Economic Times NEW DELHI: The 81 bureaucrats, who were dispatched by the Centre in teams of three to study the impact of demonetisation on the ground, have red-flagged loss of livelihood in rural areas, particularly in the non-formal sectors, and highlighted the negative impact on the farm sector in the sowing season. Officials told ET that these confidential reports were submitted last week and are now being examined for further action....
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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...
More »Supreme Court bans firecrackers in NCR to tackle pollution problem -Priyanka Mittal
-Livemint.com Supreme Court directed the Centre to suspend the licenses of firecracker manufacturers and sellers and not hand out fresh licenses till further orders New Delhi: The Supreme Court on Friday banned the manufacture and sale of firecrackers in the national capital region (NCR) to stem air pollution in Delhi and neighbouring towns. A three-judge bench headed by T.S Thakur, Chief Justice of India, directed the Centre to suspend the licenses of firecracker...
More »How farmers in Bundelkhand perceive demonetisation -Sayantan Bera
-Livemint.com Several Bundelkhand farmers contend that demonetisation is a direct attack on the class divide and has reduced the rising gap between the rich and the poor New Delhi: In April this year, before the monsoon set in on parched Bundelkhand, Ajay Tripathi was witness to countless cattle deaths and fellow villagers migrating in hordes to escape the aftermath of consecutive years of drought. For the young farmer from Uttar Pradesh’s Mahoba...
More »Cash crunch rains misery on farmers after below-par monsoon -Nidheesh MK, Dharani Thangavelu and Sharan Poovanna
-Livemint.com The impact of cash crunch on farmers is likely to have a cascading effect on the broader economy in southern India Bengaluru/ Chennai: P.V. Rajappan, a rice farmer in Kerala’s drought-hit Palakkad district, had been planning to drill a borewell to irrigate his next crop. He thought he would be able to do it this year. Rajappan delivered his entire harvest—10,210kg of paddy—to the state-run Civil Supplies Corporation, popularly known as...
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