-The Times of India NEW DELHI: Agriculture and jobs will form the focus of Prime Minister Narendra Modi's discussions on Tuesday with top economists and experts from India and abroad at a time the government has been criticised for the country's 'jobless growth'. The theme of the Niti Aayog meeting is 'Economic Policy: The road ahead', but the PM has asked the premier government thinktank to concentrate on two areas: agriculture and...

-Economic and Political Weekly Mihir Shah (mihirbhai25@gmail.com) was Chair, Committee on Restructuring the Central Water Commission and Central Ground Water Board set up by the Ministry of Water Resources (September 2015 to July 2016). The chair summarises background, main features, and addresses some of the issues raised by the articles in this issue. As Member, Planning Commissionfrom 2009 to 2014, I was able to play a small part in kickstarting fundamental reforms...

-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...

-The Economic Times NEW DELHI: The Modi government has slashed the minimum support price of seven of the 11 products covered under minor forest produce collected by tribals in remote forest areas. The decision comes three years after the previous Congress-led UPA government fixed the MSP for these products for the first time. “The decision had to be taken because MSPs had been fixed on the higher side and needed to be rationalised....

-The Hindu The unorganised manufacturing sector should be reoriented towards non-household units to provide efficiency gains. Ever since E.F. Schumacher, a British economist, published in 1973 his book Small is Beautiful, implying that small units are better in terms of performance indicators and labour absorption, several studies have endorsed the same idea and argued in favour of promoting small units. Stretching the argument a little further, it may be emphasised that small...