-TheWire.in Demonetisation will only affect those who conduct transactions in cash, are not a part of the formal banking system or have not converted their cash into assets. The government’s demonetisation of Rs 500 and Rs 1000 notes is a contentious issue, but is understandable. Such schemes may have not worked in the past, but a political commitment had to be honoured. The question is not whether the government is right for...
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Prabhat Patnaik, economist and professor emeritus at Jawaharlal Nehru University, interviewed by Jahnavi Sen
-TheWire.in In conversation with economist Prabhat Patnaik on the government’s decision to demonetise Rs 500 and Rs 1000 notes. On November 8, Prime Minister Narendra Modi addressed the nation at 8 pm and announced that Rs 500 and Rs 1000 notes would no longer be legal tender after midnight that night. This move was needed to tackle the “disease of black money,” he said. Since then, their have been numerous reports of how...
More »Modi government plans universal social security for workers -Arindam Majumder
-Business Standard Scheme to benefit close to 450 million workers, mainly in the unorganised sector Stung by repeated resistance from trade unions and strikes, the Narendra Modi government plans to launch a massive social security coverage scheme which will benefit almost 450 million workers, mainly in the unorganised sector. In order to achieve this, the government will attempt to create a corpus through which the benefits will be provided. The benefits include...
More »Global Hunger Index: Welcome to India, world's hottest economy where 39% kids are stunted -Dinesh Unnikrishnan
-FirstPost.com Prime Minister Narendra Modi took a jibe at India's perennially hostile neighbour Pakistan at his Kozhikode speech, just a few days ahead of the 'surgical attacks' conducted by the Indian army's special forces at LoC. The Prime Minister said India is ready for a war with Pakistan, but a war on poverty, unemployment and malnutrition. Modi's 'war cry' resonated well in Pakistani media, too. It seems we, Indians, are indeed...
More »No country for a child -Preeti Mehra
-The Hindu Business Line By allowing children to work in family enterprises, amendments to the Child Labour Act have made them more vulnerable to exploitation. Tracking the issue will be more difficult, writes Preeti Mehra When the two houses of Parliament put their stamp on a few amendments to the Child Labour (Prohibition and Regulation) Act 1986 a couple of months ago, they also signed away the dignity of children and the...
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