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R Nagaraj, an economist and currently a professor at the Indira Gandhi Institute of Development Research in Mumbai, interviewed by Kedar Nagarajan (Caravan Magazine)

-Caravan Magazine On 8 November 2016, Prime Minister Narendra Modi made an announcement declaring that notes of Rs 500 and Rs 1,000 would not be legal tender as a part of his government’s policy to clamp down on counterfeiting and black money. It has been widely reported that this policy would directly impact the real-estate sector, which typically witnesses a significant amount of transactions that are made through cash to avoid...

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India's richest 20% account for 45% of income -Pramit Bhattacharya

-Livemint.com Middle India is largely rural and uneducated, shows the ‘Household Survey on India’s Citizen Environment & Consumer Economy’ New Delhi: India’s richest quintile accounts for 45% of aggregate household disposable income while the poorest quintile earns barely 7% of the aggregate income pie, according to the latest data from a nationally representative survey conducted this year. The Household Survey on India’s Citizen Environment & Consumer Economy (ICE 360° survey), covering 61,000 households,...

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Addressing energy poverty in India -Debajit Palit

-The Hindu Business Line The spread of rural electrification has been overestimated, and the adoption of subsidised LPG has not picked up It is little more than a year since the Sustainable Development Goals were agreed to at the UN General Assembly. SDGs are a set of 17 goals that are intended to dramatically improve lives across the world by 2030. A major goal is SDG7 which aims to ensure universal access...

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Extending food security

-The Hindu  The Centre’s coercive method has worked. Tamil Nadu and Kerala, the two States that were holding out against pressure from New Delhi to implement the National Food Security Act (NFSA), have also fallen in line. By threatening to raise the price at which it was allocating foodgrains if they did not implement the law, the Centre has managed to get these two States to agree to the implementation of the Act...

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'More Indians eating beef, buffalo meat' -Samarth Bansal

-The Hindu In all the States belonging to the Hindi heartland, less than one per cent of Hindus eat beef/buffalo meat. The number of Indians eating beef and buffalo meat went up from 7.51 crore in 1999-2000 to 8.35 crore in 2011-12 while the total household consumption of beef/buffalo meat went down from 4.44 crore kg per month to 3.67 crore kg in the same time period. These findings come from National Sample...

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