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M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)

-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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Dropout pill: Aadhaar tabs on all students -Basant Kumar Mohanty

-The Telegraph New Delhi: The Centre plans to track every student enrolled in every private or government school in the country by their Aadhaar numbers to keep tabs on dropout rates. Those among the 26 crore students who do not have Aadhaar cards will be given a unique 18-digit number by which they will be tracked till they get their Aadhaar numbers. The idea behind the ID-based tracking system is to log the...

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More effort is needed for irrigation & efficient water-use, says latest agricultural report

Expanding irrigation network in the country is considered as essential to raise agricultural production in the face of increased frequency of droughts. However, a newly released report from the Ministry of Agriculture & Farmers Welfare shows that there has actually been a fall in the growth rate of net irrigated area during the recent two decades. The report entitled State of Indian Agriculture 2015-16 reveals that the growth rate in...

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Work and welfare: MGNREGA 2.0 -Harish Damodaran

-The Indian Express The flagship rural jobs programme has shown improved performance after initial neglect by the Modi government. New Delhi: The Narendra Modi government may spend close to Rs 60,000 crore on the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the current fiscal, a record for the programme that was a baby of the previous United Progressive Alliance regime. The Union Budget had allocated Rs 38,500 crore towards MGNREGA for...

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Missing stock is harming our food security

-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...

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