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Is the North-East monsoon headed for a washout? -Vinson Kurian

-The Hindu Business Line Thiruvananthapuram: All available indications now point to the washout of the North-East monsoon in the Peninsula, after the drubbing it received during the preceding South-West monsoon. With half of November gone and no prospects of any major pick-up in rain during the rest of the month, there is little that the last month of December can possibly bring in. What looked a like a brief revival in activity early...

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The tragedy of the commons -Neha Sinha

-The Hindu The only way out for public policy for environmental Damage is to place strong emphasis on individual and social cost of inaction Residents in the already polluted Capital experienced something of a turning point on Diwali. The belaboured, particulate-loaded air was further bombed with firecrackers. Some described the scene as a war zone with active shelling. People were angry not only because they could not physically breathe, but also because...

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Shock and oh Damn -Pronab Sen

-Ideas for India In this article, Pronab Sen, Country Director for the India Central Programme of the International Growth Centre, argues that India’s recent demonetisation has penalised virtually the entire informal sector, and perhaps Damaged it permanently. At the stroke of the midnight hour of 9 November 2016, India lost 86% of its monetary base. The media – print, electronic and social – has been fulsome in its praise of Prime Minister...

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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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Demonetisation Damage greater than its benefits, says Kaushik Basu -Arup Roychoudhury

-Business Standard On day-2 of the demonetization drive, serpentine queues have reported from banks and ATMs around the country World Bank Chief Economist and India’s former chief economic advisor Kaushik Basu said that the Narendra Modi government’s demonetization drive was not ‘good economics’ and that the Damage it causes will be greater than its benefits. “GST was good economics; the demonetization is not. Its economics is complex & the collateral Damage is likely...

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