-TheThirdPole.net Anupam Mishra, who spent three decades fighting for rejuvenation of India’s traditional water harvesting systems, died on December 19 If many of India’s ponds, wells, stepwells, springs, check dams and other traditional water harvesting systems are still in working order today, if at least a few of India’s rivers have been revived, much of the credit must go to Anupam Mishra. Through reportage, analysis and advocacy sustained over three decades, this...
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R Nagaraj, an economist and currently a professor at the Indira Gandhi Institute of Development Research in Mumbai, interviewed by Kedar Nagarajan (Caravan Magazine)
-Caravan Magazine On 8 November 2016, Prime Minister Narendra Modi made an announcement declaring that notes of Rs 500 and Rs 1,000 would not be legal tender as a part of his government’s policy to clamp down on counterfeiting and black money. It has been widely reported that this policy would directly impact the real-estate sector, which typically witnesses a significant amount of transactions that are made through cash to avoid...
More »Jean Dreze, economist and a leading advocate of welfare policies, interviewed by Vasudha Venugopal (The Economic Times)
-The Economic Times "Demonetisation in a booming economy is like shooting at the tyres of a racing car," says development economist Jean Drèze . A leading advocate of welfare policies, Drèze who was a member of the National Advisory Council during the UPA regime, tells ET that the sudden move to demonetize high-value currency notes has created a scary situation for people who live on the margin of subsistence, and that...
More »Retail inflation might not fall much in kharif season -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...
More »Finance ministry rejects report seeking revision in MGNREGS pay -Elizabeth Roche
-Livemint.com The report also suggested revising pay under MGNREGS on the basis of Consumer Price Index for Rural (CPI-Rural) as the appropriate index New Delhi: The finance ministry has rejected a report by the rural development ministry, which recommended that wages under the national rural employment guarantee scheme (NREGS) be made equal to or higher than the minimum wage determined by state governments. The report prepared by a panel headed by S....
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