-TheWire.in The spectacle of ‘fixing’ India’s illegal economy is not only harming common citizens but also turning small investors away from financial markets. Depending on who is talking, the demonetisation of higher value currency notes by Prime Minister Narendra Modi’s government has either been described by commentators as a ‘bold move’, ‘landmark policy’, ‘game-changer’ and even a ‘political masterstroke’ or has been labelled the single most high-risk political gamble undertaken since the...
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Nandan Nilekani, Infosys co-founder and one of the brains behind the Unified Payments Interface, interviewed by Anirban Sen (Livemint)
-Livemint.com Nandan Nilekani, one of the brains behind the Unified Payments Interface, on the near-term challenges of going cashless While the government’s decision to scrap Rs500 and Rs1,000 bank notes has been met with resistance from some quarters and been called too abrupt, Infosys co-founder Nandan Nilekani backed it, saying it was needed to speed up the move to a cashless economy. “There is no question that this is a very bold...
More »The overrated urban spinoff -Raghav Gaiha
-The Indian Express Agriculture’s contribution to poverty reduction is five times more than that of metropolitan centres Speaking at the third BRICS Urbanisation Forum in Visakhapatnam on September 14, Deputy Chairman of the Niti Ayog, Arvind Panagariya, announced that “Without cities we can’t grow rapidly”. He added, “urbanisation plays an important role in poverty alleviation”. Both claims are exaggerated and somewhat misleading. A recent report prepared for the UN points out that, over...
More »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...
More »e-NAM - a long way to go -Rajalakshmi Nirmal
-The Hindu Business Line The electronic-National Agriculture Market is a sound idea but implementation is at a nascent stage Farmers in Telangana staged a protest last Monday, demanding discontinuation of the electronic-national agriculture market (e-NAM) platform and restoration of the previous platform provided by NCDEX e-Markets. It followed the failure of the software to accommodate the heavy volumes of the peak season arrivals, beginning with maize and soyabean. The Agriculture Produce Marketing Committee (APMC)...
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