-TheCitizen.in NEW DELHI: A bizarre argument is doing the rounds these days. It states that the cash which gets disabled in the “black economy” because of the government’s demonetization measure, would enable the government to undertake an equivalent amount of expenditure with impunity; it can therefore spend more on infrastructure and other essential areas, or simply provide cash transfers to the people. BJP spokespersons who have been putting forward this argument, are...
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M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)
-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...
More »Farm distress: Gujarat's groundnut growers take a hit as prices plunge below MSP -Gopal Kateshiya
-The Indian Express After cotton last year, the BJP state government faces a fresh challenge ahead of late-2017 elections. Rajkot: GROUNDNUT FARMERS last week forced a suspension of auctions at the agriculture produce market committee (APMC) mandi in Amreli to protest against tumbling prices of Gujarat’s second biggest cash crop after cotton. The new groundnut-in-shell crop is fetching around Rs 3,500 per quintal, well below the minimum support price (MSP) of Rs...
More »PMO props up states on GM crops -Richa Sharma
-The New Indian Express NEW DELHI: Faced with stiff opposition from the states, civil society groups and even the RSS on GM food crops, the Central government is reaching out to the state governments to bring them on board for field trials. Acting on the directives of the PMO, the environment ministry on October 21 organised a meeting which was attended by representatives from different states. More such meetings are expected to...
More »Crop devastation: After whitefly, brown plant hopper turns nemesis for Punjab's farmers -Anju Agnihotri Chaba
-The Indian Express Paddy growers in the poll-bound state suffer huge losses from unanticipated insect pest attack. Jalandhar: For Punjab’s farmers, fortune always seems to smile on the other side. Last year, it was the whitefly sucking pest that ravaged their cotton crop. This time round, it’s the brown plant hopper (BPH) that has caused significant yield and price realisation losses for paddy grown in large swathes of the state. And there...
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