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Demonetisation: 35 per cent job losses, 50 per cent revenue dip, says study by largest organisation of manufacturers -Arun Janardhanan

-The Indian Express The study, conducted by AIMO, has also projected a drop in employment of 60 per cent and loss in revenue of 55 per cent before March 2017. Chennai: IN THE first 34 days since demonetisation, micro-small scale industries suffered 35 per cent jobs losses and a 50 per cent dip in revenue, according to a study conducted by India’s largest organisation of manufacturers. The study, conducted by the All...

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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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Delhi air pollution: Can farmers be blamed? -Sayantan Bera

-Livemint.com Only 20% of Delhi’s air pollution can be attributed to stubble burning by farmers in Punjab and Haryana, environment minister Anil Madhav Dave said on Monday New Delhi: The spike in pollution levels in Delhi’s air is an annual winter ordeal, so is burning of paddy stubble by farmers in neighbouring Punjab and Haryana after the crop is harvested. But how much does burning of crop residues contribute to Delhi’s pollution peaks?...

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Worsening pollution: Delhi schools to remain shut for 3 days

-PTI New Delhi: As pollution levels worsened in Delhi, Chief Minister Arvind Kejriwal today said schools in the city will remain closed till Wednesday and announced a raft of “emergency” measures to deal with the situation including ban on construction and demolition activities for the next five days and temporary closure of the Badarpur Power Plant. Emerging from an emergency cabinet meet, Kejriwal said the government will discuss with the Centre the...

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States advised to add rain shortfall in MGNREGS budget -Ruchika Chitravanshi

-The Economic Times New Delhi: The government has asked 25 states that received less than 75% rainfall during the monsoon to factor in the deficit while preparing the labour budget for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in FY18. According to data analysed by the agriculture ministry, 155 districts in 25 states received less than 75% of the long period average rainfall between June and September 2016. States...

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