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Dr. Kavita Rao, professor at National Institute of Public Finance and Policy (NIPFP), interviewed by Supriya Sharma (Scroll.in)

-Scroll.in The author of a paper published by a research institute under the Ministry of Finance expands on its conclusions. The drying up of cash has thrown the lives of millions of Indians in disarray. But many facing hardship support the government’s move. In Barabanki, Uttar Pradesh, a farmer who did not have cash to buy seeds and fertilisers, said, “Now when rich people deposit money in the bank, the income tax people...

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Motive behind demonetisation is justifiable but there may be collateral damage

There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded.   Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...

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Extending food security

-The Hindu  The Centre’s coercive method has worked. Tamil Nadu and Kerala, the two States that were holding out against pressure from New Delhi to implement the National Food Security Act (NFSA), have also fallen in line. By threatening to raise the price at which it was allocating foodgrains if they did not implement the law, the Centre has managed to get these two States to agree to the implementation of the Act...

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How corporates and not-for-profits can defeat hunger -Madhu Pandit Dasa

-DNA India is effectively the first country to mandate a minimum CSR spend. How to make use of it. Malnutrition is one of the many problems arising from uneven distribution of resources that plague the country today. The UN Food and Agriculture Organization (FAO) states that 194.6 million people in the country are undernourished. It is ironic that one of the largest economies in the world is also a home to...

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Work and welfare: MGNREGA 2.0 -Harish Damodaran

-The Indian Express The flagship rural jobs programme has shown improved performance after initial neglect by the Modi government. New Delhi: The Narendra Modi government may spend close to Rs 60,000 crore on the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the current fiscal, a record for the programme that was a baby of the previous United Progressive Alliance regime. The Union Budget had allocated Rs 38,500 crore towards MGNREGA for...

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