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Cash in system surges: Informal sector's back? -Mayur Shetty

-The Times of India MUMBAI: Currency in circulation touched a new high of Rs 20.65 lakh crore on January 18, 2019, way above the pre-demonetisation high of Rs 17.97 lakh crore. The increase in currency usage points to a recovery in 'informality' in the economy as the government goes easy on goods and services tax compliance and businesses continue using cash, according to Pranjul Bhandari, chief economist, India, HSBC. The acceleration of...

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Fake news could be injurious to health -Anoop Misra, Ambrish Mithal & Viswanathan Mohan

-The Telegraph Medical leaders and associations must take the lead in issuing effective and clear messages countering fake information Along with the Hippocratic oath, the MBBS curriculum has a mantra: bar God, all must provide data. A good physician treats patients based on scientific principles derived from solid evidence. The physician’s personal experience may embellish or temper these principles, but should not be ‘contrary’ to them. In India, the mantra of scientific data...

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Governing India's many spaces -Pulapre Balakrishnan

-The Hindu Ill fares the land where wealth accumulates, and the social and natural environment suffer As the general elections approach, it would be politic to take stock of the progress made by the incumbent party and look out for the areas that call for particular attention by the one that gains power. Without anticipating complete agreement on the indicators that ought to be used, I look at the changes since 2014...

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How to make Direct Benefit Transfers work for the people -Karthik Muralidharan, Paul Niehaus and Sandip Sukhtankar

-IDRonline.org Replacing India's Public Distribution System with Direct Benefit Transfers will improve efficiency, but shouldn't be implemented at the cost of individual choice. The Public Distribution System (PDS) is India’s flagship food security programme but also suffers from well-known inefficiencies. Even official government estimates suggest that a large share of public spending on the PDS does not reach intended beneficiaries. Thus, the idea of Direct Benefits Transfer (DBT) in lieu of subsidised...

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No budget for farmers -Ashok Gulati

-The Indian Express Direct income support for farmers is too late, too little The hopes of farmers for a meaningful package from the Modi government have evaporated after the announcements in the Union budget. The proposed Rs 6,000 annual direct income support to small and marginal farmers is a drop in the ocean. States like Telangana and Odisha have done much better with their Rythu Bandhu and Kalia schemes respectively. After...

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