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Rolling back Ordinance Raj -Suhrith Parthasarathy

-The Hindu The Supreme Court’s verdict that ordinances are subject to judicial review, and do not automatically create enduring effects, places a timely check on a power rampantly abused by governments On January 2, in one of many judgments delivered on its first working day of the year, the Supreme Court, in Krishna Kumar Singh v. State of Bihar, made a series of pronouncements with potentially huge implications for the future of...

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Quality of spending comes under radar as fiscal draws to a close -Surabhi

-The Hindu Business Line Economists warn that revenue deficit may breach target New Delhi: Will the Exchequer’s switch to a new classification of expenditure from 2017-18 help lower the revenue deficit and improve the quality of spending? The Finance Ministry believes that shift in classification to revenue and capital expenditure from April 1, departing from the current distinction of Plan and Non-Plan spending, will help it direct expenditure towards productive purposes. It is also...

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Addressing the Agrarian Crisis in Punjab: Role of Agro-markets and Policy Punjab -Sukhpal Singh

-Economic and Political Weekly The state of agricultural markets, the agricultural market policy and regulatory reforms in Punjab are reviewed in the context of the agrarian crisis. The farmer and farm worker manifesto of the Aam Aadmi Party is critically assessed. Policy mechanisms for agro-industrial development of the state are suggested.   There have been various attempts in the past to address the agrarian crisis mostly in the form of relief measures...

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Modi govt went ahead with demonetisation despite RBI concerns: report -Rajesh Kumar Singh and Suvashree Choudhury

-Livemint.com RBI’s testimony to parliamentary panel shows the bank had warned the government of possible inconvenience to the public for some time New Delhi/ Mumbai: India pushed ahead with its decision to demonetise high-value banknotes even as the Reserve Bank of India’s (RBI) own board expressed concern whether the cash could be replaced quickly enough, the central bank has said in written testimony to parliament. The revelation comes amid growing criticism about whether...

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Punjab elections: The cycle of debts and farmer suicides blight India's grain bowl -Binayak Dasgupta and Gurpreet Singh Nibber

-Hindustan Times Hamirgarh/ Dhanaula/ Chandigarh: Gurpreet Singh and Sandeep Duggal have more than 350 friends on Facebook. At 19, Gurpreet’s profile clearly gravitates to pictures of youth – astride an Enfield motorcycle, one with a friend in the corridors of a college, and the quintessential selfie with sunglasses. Duggal’s is more subdued. In a black-and-white profile photograph, he smiles with arms folded, exuding the confidence of a young man who identifies himself...

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