-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
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Promote cashless, earn marks -Basant Kumar Mohanty
-The Telegraph New Delhi: Participating as a volunteer in the Centre's financial literacy campaign for a cashless economy will yield academic credits to students of higher educational institutions, including the IITs. The Union HRD ministry has launched a scheme called the Vittiya Saksharta Abhiyan (Visaka) under which heads of institutions have been advised to give students credits for taking forward the Prime Minister's agenda. "Directors of all institutions should ensure that the necessary...
More »M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)
-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...
More »Farm distress: Gujarat's groundnut growers take a hit as prices plunge below MSP -Gopal Kateshiya
-The Indian Express After cotton last year, the BJP state government faces a fresh challenge ahead of late-2017 elections. Rajkot: GROUNDNUT FARMERS last week forced a suspension of auctions at the agriculture produce market committee (APMC) mandi in Amreli to protest against tumbling prices of Gujarat’s second biggest cash crop after cotton. The new groundnut-in-shell crop is fetching around Rs 3,500 per quintal, well below the minimum support price (MSP) of Rs...
More »Tribal scholarship set to be tied to NET -Basant Kumar Mohanty
-The Telegraph New Delhi: The government is set to amend the guidelines for a scholarship scheme for tribal research students, linking selections to how they score in the National Eligibility Test that aspiring college teachers need to clear. Sources in the tribal affairs ministry said the proposed guidelines - that might also cap the age of applicants at 33 - could be notified before this month ends. At present, tribal candidates, irrespective of...
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