-National Herald Why do we cry now that this Government doesn’t care about those who suffered and died from Covid? They felt nothing as millions of Indians struggled after notebandi on Nov 8, 2016 The anniversary of Narendra Modi’s demonic demonetisation is tomorrow, November 8. If people really ever believed that “Acche din” (good days) and “vikas” (development) were on their way, they knew in their heart of hearts at 8 pm...
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Demonetisation left RBI’s reputation in tatters. What could future policy makers learn from this? -TR Bhat
-Scroll.in There must be consultation and greater co-ordination between the Reserve Bank as the regulator of money supply and the Government as the sovereign. While the entire Indian economy was disrupted by the demonetisation exercise announced on November 8, 2016, removing high-value currency notes overnight, it simultaneously stirred a serious controversy on the role of Reserve Bank of India as the principal regulator of money supply in India. In understanding the controversial conduct...
More »The Govt Has Spent Crores But Failed to Find a Viable Alternative to Stubble Burning in Punjab -Vivek Gupta
-TheWire.in In the last four years, a total of Rs 1,050.68 crore was given to Punjab, of which Rs 235 crore was released in the financial year 2021-22; however, the field fires are far from over in the state. Chandigarh: Despite the Union Government spending over Rs 2,000 crore to tackle stubble burning over the last four years, the issue continues to smother north India, leading to severe dips in air quality...
More »Five years since demonetisation: What has changed? -Roshan Kishore
-Hindustan Times While demonetisation was subsequently described as a policy boost to promoting digital payments, the original policy had very different stated targets. November 8, 2021 marks five years of demonetisation in India. On this day in 2016, in a televised address at 8 pm, Prime Minister Narendra Modi declared that currency notes of ₹500 and ₹1000 -- these two denominations were 86% of the currency in circulation at the time in...
More »The long road to timely MGNREGA payments -Rajendran Narayanan and Anuradha De
-The Hindu There remain delays in the stage where the Central Government transfers wages to the workers’ accounts There is a famous parable of the 13th-century mystic Mullah Nasruddin. He was once spotted under a street light searching frantically for a key that he had lost. A passer-by noticed the frazzled Nasruddin and stopped to help him. After both of them spent a long time searching for the key, the exasperated passer-by...
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