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The mother of all disruptions -Jean Dreze

-The Hindu The tremendous power of the software industry in India may help explain why the disruptive effects of demonetisation are being taken lightly Evidence is mounting of the disruptive effects of the recent move to renew currency notes, known as “demonetisation”. Disruption is actually a mild expression. What is happening is a catastrophe for large sections of the population. Farmers have dumped vegetables by the roadside for want of a remunerative...

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With Reduced Access to Healthcare, Demonetisation Deaths Are Likely Far Higher Than Reported -Bharat Dogra

-TheWire.in According to doctors working in hospitals providing low-cost treatment, the number of patients has reduced by about 30% since demonetisation. The recent debate on demonetisation-related deaths has taken place mainly in the context of people who died while waiting in bank queues or collapsed while standing in these queues and died soon after. In addition, there are those whose sudden death is being attributed to stress from not finding valid currency...

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Official data exposes Centre's inflated claims on success of agriculture insurance scheme -Jitendra

-Down to Earth The number of non-loanee farmers opting for insurance reached 9.7 million in kharif season of 2016 as against 9.8 million in the SAMe period in 2015    On December 7, the Union Ministry of Agriculture press release claimed that that the Pradhan Mantri Fasal Bima Yojana (PMFBY) has made impressive progress in 2016. According to the press release, “There has been a quantum jump of more than six times...

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Esther Duflo, development economist and a professor at the department of economics at the Massachusetts Institute of Technology (MIT), interviewed by Roshan Kishore and Pramit Bhattacharya (Livemint.com)

-Livemint.com Economist Esther Duflo on demonetisation impact, role of randomized control trials in policymaking, low priority assigned to health and education in India New Delhi: India’s demonetisation of high-value currency notes is a dramatic example of a policy announcement made without any serious thought given to implementation, said Esther Duflo, one of the leading development economists of the world and a professor at the department of economics at the Massachusetts Institute of...

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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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