-The Indian Express There has been only a marginal increase in the direct tax to GDP ratio after demonetisation. And the economy didn’t need to suffer for digitisation. The government did not celebrate the second anniversary of demonetisation, one of its biggest policy initiatives. It has celebrated the anniversary of all other big policies. Why the diffidence? The finance minister did come out with a statement listing the achievements of demonetisation. But his...
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Poverty in all its faces -C Rangarajan & S Mahendra Dev
-The Indian Express Growth can alleviate poverty but its definition needs to expand to make any tangible difference on the ground. Amidst the din caused by the story of rising billionaires, the message on India’s poverty decline in the recent report of the Oxford Poverty and Human Development Initiative has been lost. UNDP and Oxford University released the report on Global Multidimensional Poverty Index (MPI) 2018. This report covers 105 countries. The...
More »Where prejudice is crime -Vrinda Grover
-The Indian Express Hashimpura verdict highlights the bias within police against religious minorities. It is a chilling coincidence that on October 31, a date that marks the assassination of Prime Minister Indira Gandhi in 1984 and the unleashing of state-engineered violence against the Sikhs, the Delhi High Court held 16 policemen of the 41st Battalion of UP Provincial Armed Constabulary (PAC) guilty of “the targeted killing by armed forces of the unarmed,...
More »Rajan backs Urjit on differences with Centre, says RBI board role worrisome, shouldn't intervene in ops
-The Times of India MUMBAI: Embattled RBI governor Urjit Patel’s predecessor Raghuram Rajan has come out in support of professionals leading the central bank, stating the regulator’s board should only ensure governance, not intervene in operational decisions. “The RBI’s board is not an operational board. It is not led by professional supervisors or central bankers. These are all people from different walks of life whose main role is to play the wise...
More »With Prices Hitting Rock Bottom, Garlic Could Sway Polls in Rajasthan, MP -Kabir Agarwal
-TheWire.in Farmers are unhappy with the lack of adequate government support and are likely to make it difficult for the BJP to return to power, especially in Rajasthan. New Delhi: On October 25, while addressing a rally in Jhalawar, Rajasthan, Rahul Gandhi spoke about garlic prices hitting rock-bottom in the region. Prices had fallen to Rs 2 a kilogram, he said. In Madhya Pradesh too, Gandhi spoke about falling garlic prices. In...
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