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How the Black Economy Grew in Post-Independence India -Arun Kumar

-Caravan Magazine Arun Kumar is an eminent economist who has been studying the black economy in India for close to four decades. His 1999 book The Black Economy in India is among the foremost accounts of the black-money problem in the country. In Understanding the Black Economy and Black Money in India: An Enquiry into Causes, Consequences and Remedies, released in February 2017, Kumar discusses the misconceptions around black money, the...

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A new class act -Pranab Bardhan

-The Indian Express Higher education in India is failing. Overhauling the system can salvage it Let me start with a blunt statement: India’s higher education is in general a decrepit, dilapidated system, it’s afflicted by a deep malaise. The National Knowledge Commission—Report to the Nation (2006-9) put it only a bit more mildly: “There is a quiet crisis in higher education in India which runs deep”. Three widely acknowledged criteria for judging an...

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Towards less-cash agriculture: Well before demonetisation, low credit-driven model came up in Dewas -Vivian Fernandes

-The Financial Express In Madhya Pradesh’s tribal districts of Dewas and Khargone, the NGO, Samaj Pragati Sahayog, discourages cash transactions for agricultural inputs. The interest rates are usurious and vary according to commodities. For fertiliser, it is dheda—loan for the stuff has to be repaid 1.5 times over by the end of the harvest season. For pesticides it is sawa, or 1.25 times. Even barter can be extortionate. One quintal of...

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Breakfast for Rs 5, lunch for Rs 8: Vasundhara Raje launches Annapurna Rasois -Mohammad Hamza Khan

-The Indian Express The tagline for the scheme, named Annapurna Rasoi Yojana, is: “Sabke liye bhojan, sabke liye sammaan (Food for all, respect for all)”. Jaipur: Taking a leaf out of former Tamil Nadu CM Jayalalithaa’s book, Rajasthan Chief Minister Vasundhara Raje on Thursday launched a subsidised meal scheme in the state. The tagline for the scheme, named Annapurna Rasoi Yojana, is: “Sabke liye bhojan, sabke liye sammaan (Food for all, respect for...

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Aadhaar to be must for railway tickets for elderly

-The Times of India NEW DELHI: Senior citizens who want to avail concessions on train tickets will now have to produce the 12-digit Aadhaar number. An official said reservation of rail tickets for senior citizens will be directly linked to Aadhaar from April next year on a mandatory basis for availing concessions at both counter and for e-tickets. The railways has decided to implement Aadhaar-based ticketing system in a two-phased manner. From...

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