-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...
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Cashless bliss? Tea belt deflates dream -Avijit Sinha & Anirban Choudhury
-The Telegraph An indication of how far Narendra Modi could be from the dream of making India a predominantly cashless economy is available in a survey done by a tea planters' association in the Dooars, a tribal belt that employs lakhs of Bengal's workforce in tea estates. The survey done by the Dooars Branch of the Indian Tea Association (DBITA) in its 55 member gardens of the 80-plus estates dotting Japaiguri district...
More »Proposal to amend law for cashless wage payments
-The Hindu The Centre has proposed amending a law to empower States and allow industries to pay wages by cheque or by direct credit into bank accounts. The Union Labour ministry has proposed changes to the Section 6 of the Payment of Wages Act of 1936. The present law states that all payment of wages should be made in cash, with a provision enabling employers to obtain written permission of the...
More »Between a drought and a hard place -Jiby Kattakayam
-DNA The Dalits of Bundelkhand, its most oppressed section of society are leaving the region in droves due to a lack of employment opportunities. Meanwhile, their children are being deprived of education, too, either because of a loss of regular income or because of caste discrimination On October 24, Prime Minister Narendra Modi addressed a Parivartan rally in Mahoba in Uttar Pradesh where he highlighted the presence of large numbers of...
More »Jean Dreze, economist and a leading advocate of welfare policies, interviewed by Vasudha Venugopal (The Economic Times)
-The Economic Times "Demonetisation in a booming economy is like shooting at the tyres of a racing car," says development economist Jean Drèze . A leading advocate of welfare policies, Drèze who was a member of the National Advisory Council during the UPA regime, tells ET that the sudden move to demonetize high-value currency notes has created a scary situation for people who live on the margin of subsistence, and that...
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