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M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)

-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...

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Bringing PDS out of the abyss -Anjali Bhardwaj and Amrita Johri

-Deccan Herald System overhaul: Transparency measures with strong accountability mechanisms can usher in change The National Food Security Act (NFSA) passed in 2013 gives statutory backing to the Public Distribution System (PDS). Up to 75% of the rural population and 50% of the urban population is entitled to receive food grain under the Act. Beneficiaries are categorised into priority households, entitled to 5 kg of subsidised grains per person per month, and Antyodaya...

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Vanishing Note, Yawning Chasm -Shaji Vikraman

-The indian Express Govt hopes demonetisation will accelerate India's drive towards a cashless economy. The challenge, however, is to get the unbanked millions into the net. Mumbai: FOR MOST of this year, bankers at State Bank of India, the country’s largest bank, were trying hard to market Point of Sales (POS) machines for debit and credit cards to small businesses and establishments. This would give the bank access to funds at relatively...

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Govt to keep Aadhaar records for 7 yrs, prompts fears of surveillance -Aloke Tikku

-Hindustan Times New Delhi: The government will keep a record of all the services and benefits availed using the Aadhaar number for seven years, say new rules, prompting fears that the database could be used for surveillance. The Unique Identification Authority of India (UIDAI), which issues the 12-digit biometric identity to all Indian residents, will be required to preserve its record of verification of an Aadhaar number for the duration. “This is an...

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India Slips to Fourth Place in Global RTI Rating -Gaurav Vivek Bhatnagar

-TheWire.in The report shows that barring Pakistan, the rest of South Asia has also ranked well in implementing RTI laws with only Bhutan yet to enact one. India has slipped one point down to fourth place on the global RTI (Right to Information) Rating index that provides a comparative assessment of the national legal frameworks of 112 member countries with respect to the right to information. The rating was developed and applied...

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