-TheWire.in Farmers in Vidarbha are being forced to incur terrible losses – by accepting lower prices, losing their perishable produce, or due to a fear of depositing cash payments in old notes in banks where they owe loan repayments. Bandu Ghormade had no choice but to accept the old Rs 500 notes from the procurement agent and a lower price of Rs 200 less for every 40 kilo crate of his freshly...
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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...
More »Supreme Court bans firecrackers in NCR to tackle pollution problem -Priyanka Mittal
-Livemint.com Supreme Court directed the Centre to suspend the LICenses of firecracker manufacturers and sellers and not hand out fresh LICenses till further orders New Delhi: The Supreme Court on Friday banned the manufacture and sale of firecrackers in the national capital region (NCR) to stem air pollution in Delhi and neighbouring towns. A three-judge bench headed by T.S Thakur, Chief Justice of India, directed the Centre to suspend the LICenses of firecracker...
More »Demonetisation: How the cash crisis can be used to tame rural commercial capital -Pravesh Sharma
-The Indian Express These enterprises — whom she broadly categorises as ‘rural commercial capital’ — enjoy privileged access to formal credit networks. In her insightful study of the working of agricultural markets in West Bengal, British development studies scholar Barbara Harris-White has documented in detail how trade in farm produce is controlled through a web of rural and semi-urban agro commercial enterprises. These enterprises — whom she broadly categorises as ‘rural commercial capital’...
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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