-Livemint.com Economist Esther Duflo on demonetisation impact, role of randomized control trials in policymaking, low priority assigned to health and education in India New Delhi: India’s demonetisation of high-value currency notes is a dramatic example of a policy announcement made without any serious thought given to implementation, said Esther Duflo, one of the leading development economists of the world and a professor at the department of economics at the Massachusetts Institute of...

-Hindustan Times The government’s decision to Scrap high-value currency has sent wholesale vegetable prices crashing to rock-bottom levels, bringing misery to millions of farmers hoping for good returns for their produce after two successive drought years. Onions sold for just Re 1 per kilogram in wholesale markets at Madhya Pradesh’s Neemuch and Mandsaur this week while tomatoes cost less than Rs 2 per kg in Andhra Pradesh and Chandigarh. A kilogram of cauliflower...

-The Telegraph Paradip: For Jugal Kishore Lenka, a marginal farmer from Goda village in Erasama block of Jagatsinghpur district, badalia, the once popular system of exchange of labour, has come as a big relief. Cash strapped by demonetisation, he was worried about labour payments for harvesting his paddy. Now, he has entered into a badalia arrangement with fellow farmer Sudam Sahu, who is also looking for labour for paddy harvesting. They can now exchange...

-PTI There is no official estimation of black money either before or after November 8 – the day government announced Scrapping of old Rs 500 and Rs 1,000 notes, Finance Minister Arun Jaitley said on Friday. “There is no official estimation of the amount of black money either before or after the government’s decision of November 8, 2016 declaring that bank notes of denominations of the existing series of the value...

-The Times of India NEW DELHI: The Supreme Court questioned the Centre on Thursday on the way it had handled the aftermath of demonetisation and asked why there was unequal distribution of new currency notes among people. Indirectly pointing towards recent raids in which people were caught with stash of new notes, a bench of Chief Justice T S Thakur and Justices A M Khanwilkar and D Y Chandrachud said that demonetisation...