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The Indian state where development is more on a par with Pakistan than India -Ratnadeep Choudhary

-ThePrint.in Like Pakistan, Uttar Pradesh is home to about 200 million people, which it can’t seem to take care of very well. New Delhi: The chasm between India and Pakistan on the world’s economic and social indicators is rather wide today. Even though India also struggles on the social front, many Indians tend to draw solace saying “at least we’re better off than Pakistan”. Yet, there is a part of India — the...

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With due respect, Finance Minister -Arun Kumar

-The Indian Express There has been only a marginal increase in the direct tax to GDP ratio after demonetisation. And the economy didn’t need to suffer for digitisation. The government did not celebrate the second anniversary of demonetisation, one of its biggest policy initiatives. It has celebrated the anniversary of all other big policies. Why the diffidence? The finance minister did come out with a statement listing the achievements of demonetisation. But his...

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Reconsider decision to suspend rice mill operation: Exporters' body

-The Hindu Business Line New Delhi: All India Rice Exporters Association (AIREA) on Sunday requested the Environmental Pollution (Prevention and Control) Authority to reconsider the plan to extend the ban on rice mill operations in the National Capital Region (NCR) till Monday. “Due to the current Restriction coinciding with peak paddy procurement season, all the paddy is lying in mandies and shellers, at high moisture and is only going to affect adversely...

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Havoc unleashed by demonetisation evident to everyone now, says former PM Manmohan Singh

-ThePrint.in In a statement issued on the second anniversary of demonetisation, former PM Manmohan Singh urged against ‘unorthodox, short-term economic measures’. Today marks the second anniversary of the ill-fated and ill-thought demonetisation exercise that the Narendra Modi government undertook in 2016. The havoc that it unleashed on the Indian economy and society is now evident to everyone. Notebandi impacted every single person, regardless of age, gender, religion, occupation or creed. It is often...

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Missing the wood for the trees -Prabhat Patnaik

-The Indian Express Debate around RBI-government stand-off ignores the structural cause behind India’s economic woes: InteRest rates as an instrument cannot achieve multiple, contradictory goals. The stand-off between the Narendra Modi government and the Reserve Bank of India has generated a false discourse on the one hand and an illusion on the other. In this discourse, the RBI’s position, articulated by its deputy governor, is that central bank policy has to be...

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