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Expect all demonetised money to come back to system: Revenue Secretary Hasmukh Adhia -Khushboo Narayan

-The Indian Express Questions over cost of exercise; will tax black money hoarders, says Adhia Mumbai: THE government expects the entire money in circulation in the form of currency notes of Rs 500 and Rs 1,000 which have been scrapped to come back to the banking system so that the tax authority can trace the transactions and tax black money hoarders, Revenue Secretary, Hasmukh Adhia said on Tuesday. This, effectively, undermines the...

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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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Karnataka to declare drought? -Sharan Poovanna and Nidheesh MK

-Livemint.com At least 150 villages in Karnataka have already qualified as drought affected, with more being added as rainfall continues to be deficient, according to a Cabinet minister Bengaluru: The Karnataka government could well be on its way to declare the state as drought-affected after nearly two months of dry spell, according to two people familiar with the move. At least 150 villages in the state have already qualified as drought affected,...

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Empower through ‘e-panchayats’ -KP Shashidharan

-The Hindu Business Line The National e-Governance Plan can ensure that higher devolution of funds translates into improved outcomes Cutting edge technology is, no doubt, empowering. The right application of technology can boost productivity in all sectors of the economy: agriculture, manufacturing, services, business and governmental activities. Technology enables informed decision-making, stakeholder participation and efficient service delivery and can help ensure transparency, accountability, and rule of law leading to inclusive good governance....

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Additional days of work available under MGNREGS not taken up in drought hit states

Two back-to-back reports that shed light on the status of MGNREGA implementation in the country, have been released recently from the Ministry of Rural Development (MoRD). A review of MGNREGA implementation in 8 different states of India by a team of experts during the month of May this year reveals that in many of the drought affected districts, the Gram Panchayats have no work to offer under the programme. (Please click...

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