-The Times of India NEW DELHI: The aam aadmi putting up with the widespread distress and economic loss caused by declaring invalid all Rs 500 and Rs 1,000 currency notes sees a positive side to the move — it will unearth and stamp out black money. This is one of the stated objectives in the government's notification of November. There is also the target of finishing off fake currency, which harms...
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Picking up the pieces -Pronab Sen
-Ideas for India In an earlier article, Pronab Sen, Country Director, IGC India Central, examined some of the economic consequences of the recent demonetisation of Rs. 1,000 and 500 notes in India, and concluded that the potential damage could be substantial, both in terms of growth and equity. In this article, focussing on solutions, he contends that the government now needs to realise that credit for production purposes is at least as,...
More »Bank gives UP woman with cancer-stricken son Rs 2000 in Rs 1 coins -Oliver Fredrick and Anupam Srivastava
-Hindustan Times Lucknow: Life has been a story of setbacks for Sarju Devi, a resident of Maurawa road in Mohanlalganj, but she is a fighter. The woman in her late 60s has faced struggle – be it at the time when she lost her husband, or when her young son was diagnosed with last-stage-abdominal cancer. But what happened on Tuesday left her crestfallen. On the day, Sarju couldn’t control her emotions when...
More »You have been warned -Pratap Bhanu Mehta
-The Indian Express Demonetisation politics unfolds as a vast morality play. Its imagination unleashes the state on you, in the name of protecting your own virtue. The so-called demonetisation is a watershed event for India. It signifies the arrival of a new kind of politics that will redefine the relationship between citizen and state. The scale of this event is so unprecedented that we are struggling to see where all the chips...
More »Not consulted on scrapping drug pricing agency: Chairman -Vidya Krishnan
-The Hindu New Delhi: Days after it was revealed that the Centre is likely to dismantle the National Pharmaceutical Pricing Agency (NPPA), its chairman said the decision was ‘rushed’ and the agency was not consulted. “There were two meetings and the NPPA was not a party to them. Both meetings were held at short notice. This has been a rushed decision. For any policy change, there needs to be consultation. I understand...
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