-Livemint.com Farm loan waivers are a bad idea. They were a bad idea in 2008 when the UPA was in power, and continue to be so in 2017 with the NDA in power Several parts of India are in the grip of an agrarian crisis. In part, this is because of the cumulative effect of bad monsoons. Farmers in many parts of India are still dependent on the annual rains which were deficient...
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Holes in DeMo armour
-The Telegraph Mumbai: Prime Minister Narendra Modi could well choose to crow about the 7 per cent GDP growth in the third quarter of 2016-17 which, he believes, has blunted criticism about his demonetisation drive and its widely anticipated crippling impact on the economy. But analysts have started to focus attention on how the Central Statistics Office (CSO) "cooked" the numbers of the third quarter of 2015-16 to make the growth rate...
More »In this Bundelkhand Village, a Cry for Food, not Development -Neha Dixit
-TheWire.in Farmer suicides and hunger deaths plague flagship village of SP government. “Have you heard of kangaali mein aata geela? That is our situation,”says Sugha Singh as he sits outside Balwan Singh’s house along with other village men under the tree on a warm February afternoon. He is referring to an old Hindi idiom which means getting into more hardships one after another. They are mourning the death of Munni Devi, 78,...
More »Pronab Sen, Country director of the International Growth Centre, interviewed by Ajaz Ashraf
-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...
More »Has demonetisation hit micro-finance? -MS Sriram
-The Hindu Business Line Kirana and tea shops are doing better than businesses that involve discretionary spending The Micro-finance industry (MFI) is cursed and blessed at the same time. When there were indications that the micro-finance sector is overheating, with high growth rates, multiple lending and oppressive loan recovery practices, the withdrawal of specified bank notes (SBN) hit them. There were reports of stress from Uttar Pradesh and it appeared that there...
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