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Two BJP state govts commissioned note ban research months before Nov 8 -Nitin Sethi & Ishan Bakshi

-Business Standard States sent initial queries for research to NIPFP in Feb-March; Work on research started around July New Delhi: Months before demonetisation, in February-March, the Madhya Pradesh and Haryana state governments had approached the National Institute of Public Finance and Policy (NIPFP) to evaluate Pune-based NGO ArthaKranti’s proposals, which include the withdrawal of high-denomination notes. The initial queries for conducting the research from the two Bharatiya Janata Party (BJP) state governments went...

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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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India Will Be Hard-Pressed to Find Another Anupam Mishra -Himanshu Thakkar

-TheWire.in In November, after a very cogent public speech on India’s rivers, he was completely exhausted and in pain. But that he came anyway showed his dedication. “I need to go and pay respect to the people fighting for India’s rivers” insisted the weak Gandhian, barely able to walk, on November 28. In his speech at the India Rivers Week’s inaugural ceremony on that day, Anupam Mishra, with his characteristically wry humour,...

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RBI says ban on Rs 1000, Rs 500 notes proposed hours before PM's speech -Aloke Tikku

-Hindustan Times New Delhi: The Reserve Bank of India (RBI) recommended demonetisation of 500- and 1,000-rupee banknotes hours before Prime Minister Narendra Modi announced the surprise move in a televised address to the nation in the evening of November 8. The government and the RBI have kept the consultation process that led to the decision to demonetise 86% of India’s cash in circulation a closely-guarded secret. Both, however, have insisted that the...

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Prices of 50 essential drugs slashed by up to 44%

-PTI NEW DELHI: Prices of over 50 essential drugs including those used for treatment of HIV infection, diabetes, anxiety disorders, bacterial infections, angina and acid reflux have been capped by the government, leading to a price cut in the range of 5 per cent to 44 per cent. The National Drug Pricing Regulator has also fixed the retail prices of 29 formulations. "NPPA has fixed/revised ceiling prices of 55 scheduled formulations of Schedule-I...

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