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The mother of all disruptions -Jean Dreze

-The Hindu The tremendous power of the software industry in India may help explain why the disruptive effects of demonetisation are being taken lightly Evidence is mounting of the disruptive effects of the recent move to renew currency notes, known as “demonetisation”. Disruption is actually a mild expression. What is happening is a catastrophe for large sections of the population. Farmers have dumped vegetables by the roadside for want of a remunerative...

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Official data exposes Centre's inflated claims on success of agriculture insurance scheme -Jitendra

-Down to Earth The number of non-loanee farmers opting for insurance reached 9.7 million in kharif season of 2016 as against 9.8 million in the same period in 2015    On December 7, the Union Ministry of Agriculture press release claimed that that the Pradhan Mantri Fasal Bima Yojana (PMFBY) has made impressive progress in 2016. According to the press release, “There has been a quantum jump of more than six times...

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The Way Forward -Mihir Shah

-Economic and Political Weekly Mihir Shah (mihirbhai25@gmail.com) was Chair, Committee on Restructuring the Central Water Commission and Central Ground Water Board set up by the Ministry of Water Resources (September 2015 to July 2016). The chair summarises background, main features, and addresses some of the issues raised by the articles in this issue. As Member, Planning Commissionfrom 2009 to 2014, I was able to play a small part in kickstarting fundamental reforms...

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Esther Duflo, development economist and a professor at the department of economics at the Massachusetts Institute of Technology (MIT), interviewed by Roshan Kishore and Pramit Bhattacharya (Livemint.com)

-Livemint.com Economist Esther Duflo on demonetisation impact, role of randomized control trials in policymaking, low priority assigned to health and education in India New Delhi: India’s demonetisation of high-value currency notes is a dramatic example of a policy announcement made without any serious thought given to implementation, said Esther Duflo, one of the leading development economists of the world and a professor at the department of economics at the Massachusetts Institute of...

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Are vaccine makers influencing country's immunization plan? -Rema Nagarajan

-The Times of India Are all vaccines recommended by your paediatrician actually required or merely pushed to favour vaccine companies that reward the biggest association of paediatricians in India? A key official of the Indian Academy of Paediatricians (IPA) has raised serious issues of funding and conflict in an open letter to the president. The association, one of biggest for paediatricians in India, is heavily dependent on funding from vaccine manufacturers, he...

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