-Livemint.com Aadhaar’s designers promised a robust privacy legislation, but the current government’s stance is that Indians have no fundamental right to privacy To govern India is to be constantly overwhelmed. So much needs to be done, and there’s so little to do it with. It’s hardly surprising that the Indian state is rarely ambitious. It seeks to manage, not to transform. One recent government initiative, less than a decade old, is by contrast...
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Cash-for-all worth a debate: Economic Survey
-The Times of India NEW DELHI: Universal Basic Income (UBI) or direct cash transfer is a powerful idea that mandates serious discussion, the Economic Survey said on Tuesday as it presented scenarios both for and against the scheme — which is aimed at eradicating poverty. It said that a UBI that reduces poverty to 0.5% would cost between 4-5% of GDP, assuming that those in the top 25% income bracket do...
More »Poor swiped out in choice-less, not cash-less, society -Aruna Roy and Nikhil Dey
-The Indian Express For the poor, with little cash in the first place, digital promises to ‘swipe’ them out, before their marginalisation is even addressed. Demonetisation is, by its very nature, an autocratic, coercive step. The demonetisation of November 2016 has affected every single Indian. We are, as usual, persuaded to bear the pain and suffering, to “sacrifice” for the nation. The rhetoric continues but it now seems clear that the objective...
More »Aadhaar all set to replace PIN, password -Mahendra K Singh
-The Times of India NEW DELHI: The Aadhaar number is all set to become an alternative for all online and card transactions which require password and PIN. Unique Identification Authority of India (UIDAI) is developing a mobile app that can be used by shopkeepers, merchants or individuals for receiving payments. The move is part of the drive, anchored by Niti Aayog, to make India a cashless economy after the government scrapped high-value...
More »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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