-TheCitizen.in It’s a powerful means of centralising power and crushing opposition NEW DELHI: Finance Minister Arun Jaitley had outlined a scheme of electoral bonds in his budget speech on February 2, 2017. Now, exactly 11 months later, the notification of the scheme and some details of it have finally been announced in a Press Information Bureau release on January 2, 2018. Along with this release Jaitley himself has also written an explanation-cum-defence of...
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Jobs Increase in 2017 - Just 0.5% -Subodh Varma
-Newsclick.in PM Modi - who promised to create 1 crore jobs - is supremely indifferent to this crushing crisis. In Jind district of Haryana, 8 posts of peon and one post of process server were advertised. Authorities were inundated with 14,836 applications for the former and 3662 for the latter. That’s about 2055 applicants per vacancy. Although the peon’s position required just class 10 eligibility, graduates, post graduates and even PhD...
More »Shaktikanta Das, the former secretary of the Department of Economic Affairs, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line Who would know better than Shaktikanta Das, the former secretary of the Department of Economic Affairs, the ‘Good, Bad, and Ugly’ side of demonetisation and GST, the two factors that disrupted the balance sheets of not only the government and corporates but also that of the common man. Das would like to call it “positive disruption” as he believes that the turbulence caused was short-term, and that...
More »Are electoral bonds an elaborate ruse to protect anonymous donations? -Suchindran B N & Param Pandya
-The Economic Times blog Electoral bonds represent the latest attempt at removing black money from the electoral system. It is a financial instrument, much like a demand draft or currency note, which will conceal the identity of the donor from the intended recipient political party from everyone except the issuing bank. These bonds can be purchased for any value, in multiples of Rs 1,000, Rs 10,000, Rs 1,00,000, Rs 10,00,000 and Rs...
More »What to expect in 2018 from the farm sector: prices could hold key to several political fortunes -Harish Damodaran & Parthasarathi Biswas
-The Indian Express Agricultural prices crashed in April-June, just when a bumper rabi crop had been harvested after two years of drought, and despite demonetisation. 2017 was agriculture’s annus horribilis. The reason wasn’t monsoon failure (as in 2014 and 2015) or unseasonal rain and hail (as in March 2015); the year was, in fact, largely free of extreme weather events, resulting in a record output of wheat, pulses, cotton, potato and a...
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