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Rs 500 and Rs 1,000 ban: Narendra Modi govt has created 50-day hawala window for old notes -Narayanan Madhavan

-Firstpost.com Think of it as a 50-over one-day cricket match, with each day equivalent to an over. The  game has just begun. The government of India, popularly known as Modi sarkar, has just created a 50-day hawala window for those with black money – albeit in a loose sense. The term hawala is usually used for illegal trade in foreign exchange going back to the times before 1993 when India had tight...

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Paradox of plenty -Neelkanth Mishra

-The Indian Express Farm incomes may not revive despite good monsoon. There are new challenges for policymakers. India’s per capita calorie demand has been falling for at least the last 30 years. Most people do a double-take when they hear that. One can’t debate the fact much: National Sample Surveys every five to seven years have documented this. What we can debate are the reasons behind this: In their 2009 paper Angus...

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Nikhil Dey of Mazdoor Kisan Shakti Sangathan (MKSS) speaks to Civil Society

-CivilSocietyOnline.com For the past decade state governments have launched a series of Internet-based initiatives to deliver services more efficiently. Technology has been seen as the best way of bypassing red tape and corruption in the system to reach the poor directly with benefits. Beneficiaries are identified through biometrics and a series of tech solutions like smart cards, micro ATMs and so on. The result of these efforts is that India is...

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Rice and fall of great desi crop: India has lost 1.10 lakh traditional varieties

-The Times of India Rice varieties that could grow during droughts or floods, tolerate saltwater, and carry distinct aromas or medicinal benefits - India has lost 1.10 lakh such traditional rice types. Some fifty years ago, these varieties abounded in the country, which is striving currently to ensure food security for all. Now, however, only 7,000odd local varieties remain and not all are grown. A traditional variety of rice is passed from...

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Forty coal importers under the DRI scanner for over-invoicing

-The Hindu Business Line Firms of Adani, Anil Ambani, Essar, JSW Groups and some PSUs being probed NEW DELHI: The Finance Ministry and the Directorate of Revenue Intelligence (DRI) are said to have stepped up investigations into the alleged over-invoicing of coal imports by 40 companies — both in the public and private sector — to the tune of Rs. 35,000 crore. “It is an issue that has been going on for the...

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