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Jean Dreze, economist and a leading advocate of welfare policies, interviewed by Vasudha Venugopal (The Economic Times)

-The Economic Times "Demonetisation in a booming economy is like shooting at the tyres of a racing car," says development economist Jean Drèze . A leading advocate of welfare policies, Drèze who was a member of the National Advisory Council during the UPA regime, tells ET that the sudden move to demonetize high-value currency notes has created a scary situation for people who live on the margin of subsistence, and that...

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Motive behind demonetisation is justifiable but there may be collateral damage

There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded.   Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...

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In the Long Term Indians Might Lose Faith in Cash and Turn Towards Gold -Ravinder Kaur

-TheWire.in The spectacle of ‘fixing’ India’s illegal economy is not only harming common citizens but also turning small investors away from financial markets. Depending on who is talking, the demonetisation of higher value currency notes by Prime Minister Narendra Modi’s government has either been described by commentators as a ‘bold move’, ‘landmark policy’, ‘game-changer’ and even a ‘political masterstroke’ or has been labelled the single most high-risk political gamble undertaken since the...

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Dead come back to life in Rajasthan

-CivilSocietyOnline.com New Delhi: The 100-day Accountability Yatra across Rajasthan led by the Mazdoor Kisan Shakti Sangathan (MKSS) has had an impact. The state government has issued orders to re-verify all one million pensions that had been stopped, including the 688,875 pensions that had been cancelled. From December 2015 to March this year the yatra had travelled to 33 districts in Rajasthan to assess how government schemes were functioning, find out people’s grievances...

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Eligible beneficiaries dropped from pension list in Rajasthan

It was a Rashomon moment for the readers of the First Common Review Mission report when they heard activists complaining about the pension system of Rajasthan during a recent press conference held in the capital. The First Common Review Mission (CRM) report, which was prepared during the month of May this year by a team of 32 experts had observed that pension related payments under the National Social Assistance Programmes (NSAP)...

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