-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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The Street Vendor's View -Arbind Singh
-The Indian Express Unorganised sector is worst-affected by demonetisation. Can banks go to them? An incident in 2000, during my initial years of work, woke me up to an uncomfortable question about post-economic liberalisation India. I was at a meeting with waste-pickers at Digha in Patna and a woman told me of her troubles with a Rs 500 note. She had saved money and changed it into a Rs 500 note, wrapped...
More »Modi government plans universal social security for workers -Arindam Majumder
-Business Standard Scheme to benefit close to 450 million workers, mainly in the unorganised sector Stung by repeated resistance from trade unions and strikes, the Narendra Modi government plans to launch a massive social security coverage scheme which will benefit almost 450 million workers, mainly in the unorganised sector. In order to achieve this, the government will attempt to create a corpus through which the benefits will be provided. The benefits include...
More »India's rural transformation: A myth or reality? -Pramit Bhattacharya
-Livemint.com The transformation of the Indian countryside has been slow and messy One of the celebrated success stories of India’s growth experience over the past decade was the rapid transformation of the countryside, with a massive shift in the rural labour market away from farm jobs. Two labour economists have now challenged the empirical foundations of that success story, raising deep questions on the nature and scale of that transformation. Their research also...
More »Now, healing with 'qualified' quacks -R Prasad
-The Hindu The State has taken the lead in providing some essential and basic health-care training to these informal providers. In West Bengal, nearly 3,000 quacks — informal health-care providers with no formal medical education — are to be trained for six months. The crash course in medicine, and to be conducted by 130 trained nurses, is to begin from December 1. The objective is to provide these informal providers with a minimum...
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