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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...

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The tragedy of the commons -Neha Sinha

-The Hindu The only way out for public policy for environmental damage is to place strong emphasis on individual and social cost of inaction Residents in the already polluted Capital experienced something of a turning point on Diwali. The belaboured, particulate-loaded air was further bombed with firecrackers. Some described the scene as a war zone with active shelling. People were angry not only because they could not physically breathe, but also because...

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Smog costs million kids classes and a meal -Pheroze L Vincent

-The Telegraph New Delhi: Delhi's 1,800-odd municipal schools have declared a holiday tomorrow citing predictions of "very poor" smog and the health risk it poses, but critics rued that over a million poor children would miss their midday meals. Some parents said the slum children who go to these schools would be playing on the smoggy streets anyway if classes were closed. This is the first time so many schools will close in...

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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...

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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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