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Demonetisation: Cash withdrawals in March nearly the same as last year -Mahua Venkatesh

-Hindustan Times Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same month last year. Cash transactions are back in vogue despite the government’s push for a less-cash economy post-demonetisation, Reserve Bank of India (RBI) data on ATM cash withdrawals indicate. Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same...

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Note ban philosophy -Richa Roy

-The Indian Express Six months on, there appears little justification for demonetisation in theories of politics, governance. Demonetisation has been evaluated through multiple dimensions — political, economic, constitutional, legal — and the role of the institutions involved. However, what were the philosophical underpinnings for “the most sweeping change in currency policy that has occurred anywhere in the world in decades”? One might think demonetisation was from the utilitarian school (given the rhetoric around...

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Dissent and Aadhaar -Jean Dreze

-The Indian Express We have been numbed by a series of lies, myths and fictions about the project. India is at risk of becoming a surveillance state, with faint resistance from libertarians, intellectuals, political parties, the media, or the Supreme Court. Very soon, almost everyone will have an Aadhaar number, seeded in hundreds of databases. Most of these databases will be accessible to the government without invoking any special powers. Permanent surveillance...

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We should tax agriculture. But how? -Madan Sabnavis

-The Hindu Business Line While the idea is reasonable, the issue is so political that it will automatically ring in negative points for the implementer The subject of taxation on farm income has once again taken centre stage not just because there have been some distinguished opinions voiced on this subject but also that this has been recognised as one area where money is channelled to avoid paying taxes. As the focus...

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Drought-affected dairy farmers in Karnataka have another worry: Aadhaar

-Hindustan Times The Karnataka govt declared that only farmers who have a fodder ration booklet will be given subsidised fodder, a lifeline for the dairy farmers battling a crippling shortage in cattle food. Kolar: In the hinterlands of Karnataka that is battling a third successive drought year and increasingly parched lands, farmers have a new worry: Aadhaar. The state government has declared that only farmers who have a fodder ration booklet will be...

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