-PTI “Repercussions from the currency exchange initiative will likely persist through the first quarter of 2017.” Washington: India’s demonetisation led to huge cash shortages that have “adversely affected” consumption and like a “vacuum cleaner” it sucked in cash and then was slowly replacing the currency, a senior IMF official has said. “You’ve heard about so-called ‘helicopter drops’ of money with unconventional monetary policies, so one way to characterise this demonetisation initiative is as...

-The Hindu Pit emptying must become central to India’s efforts to eliminate open defecation Both Ambedkar and Gandhi protested the practice of untouchability by encouraging upper castes to deal with their own waste. Last weekend, the Secretary of the Ministry of Drinking Water and Sanitation, Parameswaran Iyer, took up their call for action by emptying the decomposed waste from a twin-pit latrine in Warangal district, Telangana. Mr. Iyer deserves praise for calling...

-The Indian Express Demonetisation shows India’s social welfare measures like MGNREGS to be worryingly patchy Following the announcement of demonetisation, reports of its devastating impact on informal sector workers, farmers and migrants began to pour in from across the country. Seeking evidence on two questions — do social security measures work in the face of such an economic shock, and do these programmes themselves face disruption because of demonetisation — we conducted...

-Livemint.com Repeated price shocks take the sheen off horticulture crops grown by small and marginal farmers New Delhi: In the past few years, horticulture crops emerged as a favourite for small growers across the country. 2016-17 marks the fifth straight year when production of fruits and vegetables is estimated to surpass that of foodgrains. This signals a fundamental shift in India’s farm economy towards a growing share of horticulture crops, which now...

-The Times of India Going online was supposed to clean up and smoothen functioning of government schemes like the rural job guarantee scheme MGNREGS. But experience from Jharkhand's tribal districts shows that besides the chronic lack of connectivity, a brand new system of corruption has emerged. And, instead of more transparency, villagers with no knowledge of the electronic way of life are running blindly from pillar to post. Too many flip-flops...