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Demonetisation: Was RBI given enough time to discuss note ban, Manmohan Singh asks House panel -Anand Mishra

-The Indian Express Manmohan Singh also suggested that the panel — which is looking into the demonetisation decision — call government officials to depose before it hears RBI Governor Urjit Patel. New Delhi: During a meeting of the Parliamentary Committee on Finance on Thursday, former Prime Minister Manmohan Singh sought to know whether the RBI was given sufficient time to hold deliberations on the government’s demonetisation move. He also suggested that the...

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Centre to fund digital discounts -Nistula Hebbar

-The Hindu Public sector insurers, oil-marketing firms and others not to take a hit for cashless push The Centre has decided to bear the burden imposed on public sector firms on account of the many discounts and incentives offered to promote digital payments. The plan is to create a new expenditure head in the exchequer’s accounts that will absorb the costs of such measures. Public sector insurers, oil-marketing firms and others will thus not...

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Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi

-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...

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Addressing energy poverty in India -Debajit Palit

-The Hindu Business Line The spread of rural electrification has been overestimated, and the adoption of subsidised LPG has not picked up It is little more than a year since the Sustainable Development Goals were agreed to at the UN General Assembly. SDGs are a set of 17 goals that are intended to dramatically improve lives across the world by 2030. A major goal is SDG7 which aims to ensure universal access...

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Govts should not blindly promote micro-irrigation schemes -J Harsha

-Deccan Herald Water in India has now become a contentious issue due to rise in demand, climate change and growing mismanagement. With erratic rainfall and recurring droughts in 2012, 2015 and 2016, “water saving” has become a high priority for the governments. As the agriculture sector consumes 80% of freshwater in the country, micro-irrigation –  drip and sprinkler irrigation – has been catapulted as a policy priority because drip and sprinkler irrigation...

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