-The Hindu Business Line By trying to appear more women-friendly than is necessary, the law may deter industry from employing women altogether The amendment to the maternity Bill, long overdue, calls for some serious reconsideration due to its skewed philosophy. While the most prominent flaw is its emphasis on employees in the new-age services sector, there are several other shortcomings. What is wrong Firstly, the need for expansion of the existing benefit lacks scientific basis....
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How the Black Economy Grew in Post-Independence India -Arun Kumar
-Caravan Magazine Arun Kumar is an eminent economist who has been studying the black economy in India for close to four decades. His 1999 book The Black Economy in India is among the foremost accounts of the black-money problem in the country. In Understanding the Black Economy and Black Money in India: An Enquiry into Causes, Consequences and Remedies, released in February 2017, Kumar discusses the misconceptions around black money, the...
More »Mihir Shah Committee report recommends a paradigm shift in water management
Against the backdrop of drought that affected most states in the past 2 years, it is essential to take a look at a report on improving water governance in the country, which was submitted to the Ministry of Water Resources in July, 2016. That report, which was prepared by the Committee on Restructuring the Central Water Commission (CWC) and Central Ground Water Board (CGWB) under the chairpersonship of Dr. Mihir...
More »Universal Basic Income For India Suddenly Trendy. Look Out -Jean Dreze
-NDTV A recent headline in Quartz, an otherwise serious media agency, claims that Jammu and Kashmir is the first state in India to "commit to a universal basic income" (UBI). A glance at the original source quickly negates this claim: it is based on nothing more than "seeds of a thought" (sic) from the Finance Minister of J&K about possible cash transfers for a small minority of poor households. This is...
More »What the RBI Should Do to Minimise the Impact of Demonetisation -Surajit Das
-TheWire.in People have lost their jobs, small businesses are closing down and the agricultural sector has been hit hard as a result of demonetisation. The RBI must increase the supply of cash to curb further fallout. Money is not cash. In fact, cash in circulation was just 14% of all money in 2015-16 according to the Reserve Bank of India (RBI). Measures of money also count close substitutes of cash including the...
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