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The Way Forward -Mihir Shah

-Economic and Political Weekly Mihir Shah (mihirbhai25@gmail.com) was Chair, Committee on Restructuring the Central Water Commission and Central Ground Water Board set up by the Ministry of Water Resources (September 2015 to July 2016). The chair summarises background, main features, and addresses some of the issues raised by the articles in this issue. As Member, Planning Commissionfrom 2009 to 2014, I was able to play a small part in kickstarting fundamental reforms...

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A mining fund in Goa could soon give all its residents an equal, regular income -Rahul Basu

-Scroll.in Inspired by a similar project in Alaska, the state may be the first in India to implement the concept of basic income. Tourist brochures frequently describe Goa as some kind of utopia and the Economic Survey – expected at the end of January, a day before the next Union Budget – could go some way in BRIdging the gap between imagination and reality. The document will discuss the feasibility of implementing...

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'Ruined': Farmers hit as vegetable prices come crashing down after demonetisation -Chetan Chauhan

-Hindustan Times The government’s decision to scrap high-value currency has sent wholesale vegetable prices crashing to rock-bottom levels, BRInging misery to millions of farmers hoping for good returns for their produce after two successive drought years. Onions sold for just Re 1 per kilogram in wholesale markets at Madhya Pradesh’s Neemuch and Mandsaur this week while tomatoes cost less than Rs 2 per kg in Andhra Pradesh and Chandigarh. A kilogram of cauliflower...

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Demonetisation: Was RBI given enough time to discuss note ban, Manmohan Singh asks House panel -Anand Mishra

-The Indian Express Manmohan Singh also suggested that the panel — which is looking into the demonetisation decision — call government officials to depose before it hears RBI Governor Urjit Patel. New Delhi: During a meeting of the Parliamentary Committee on Finance on Thursday, former Prime Minister Manmohan Singh sought to know whether the RBI was given sufficient time to hold deliberations on the government’s demonetisation move. He also suggested that the...

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Parliamentary panel hears adverse views on demonetisation -Dilasha Seth & Amit Agnihotri

-Business Standard The demonetisation drive has hit job creation, beside adding to the stress on banks New Delhi: Demonetisation is expected to negatively impact the overall economy and job generation, a number of economists told Parliament's standing committee on finance. Reserve Bank governor Urjit Patel was to come but could not; he will do so on January 18.   The panel heard four economists — former chief statistician Pronab Sen; Mahesh Vyas, head of...

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