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Demonetisation left RBI’s reputation in tatters. What could future policy makers learn from this? -TR Bhat

 -Scroll.in There must be consultation and greater co-ordination between the Reserve Bank as the regulator of money supply and the government as the sovereign. While the entire Indian economy was disrupted by the demonetisation exercise announced on November 8, 2016, removing high-value currency notes overnight, it simultaneously stirred a serious controversy on the role of Reserve Bank of India as the principal regulator of money supply in India. In understanding the controversial conduct...

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Raghava Lawrence promises house for Parvathi, whose life inspired Jai Bhim

-TheNewsMinute.com The film is based on real events, and the character Sengani played by Lijomol Jose, is based on Parvathi. Actor, director and choreographer Raghava Lawrence has announced that he will build a house for Parvathi, whose life events inspired the recent Tamil film Jai Bhim. The film, which has won wide critical acclaim, tells the story of a landmark legal battle led by Sengani (based on Parvathi) and lawyer Chandru, when...

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FSSAI tightens norms for global firms bringing food products into India

-The Hindu Business Line Registration with regulator a must; may inspect units Meenakshi Verma Ambwani To ensure the import of safe food products, the FSSAI has notified a new regulatory framework for foreign facilities that bring food items to India. Under the regulations, foreign food manufacturing facilities that make products in certain categories for export to India will need to register with the Food Safety and Standards Authority of India and may also...

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Clear pending wages of MGNREGS workers, rights groups tell govt.

-The Hindu At least 150 days of work for each household of beneficiaries sought VISAKHAPATNAM: The Human Rights Forum (HRF) and ‘Samalochana’ on Saturday urged the State government to clear pending wages of the beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) immediately. Describing the scheme as the lifeline for millions of rural households amid the economic downturn triggered by the coronavirus pandemic, they said a substantial portion of the...

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Demonetisation: A circus, clowns and a silver bullet -James Wilson

-National Herald Five years after the disastrous demonetisation, the Prime Minister and his Finance Minister—even the fawning media— no longer speak of the ‘Demonetisation Dividend’. There has been none Two years back, on November 8, at around 8.30 pm, the Prime Minister of India, with his characteristic love for drama, unleashed on the country what he had then claimed was the one silver bullet which would eliminate the triple evils of black...

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