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The Political Economy of Demonetising High Value Notes -Jayati Ghosh

-The Hindu Centre for Politics and Public Policy The government’s high profile war on black money has generated mixed responses. However, both supporters and opponents of the 2016 demonetisation agree that the move has caused immense hardship to people, especially those outside the banking system and without alternative means to access goods and services in a largely cash economy. Jayati Ghosh, Professor of Economics, Jawaharlal Nehru University, discusses the conceptual, practical,...

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In the Long Term Indians Might Lose Faith in Cash and Turn Towards Gold -Ravinder Kaur

-TheWire.in The spectacle of ‘fixing’ India’s illegal economy is not only harming common citizens but also turning small investors away from financial markets. Depending on who is talking, the demonetisation of higher value currency notes by Prime Minister Narendra Modi’s government has either been described by commentators as a ‘bold move’, ‘landmark policy’, ‘game-changer’ and even a ‘political masterstroke’ or has been labelled the single most high-risk political gamble undertaken since the...

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Farm Policy: The window for agricultural reform is closing fast -Pravesh Sharma

-The Indian Express It’s not as if the Centre cannot initiate reforms in agriculture. In fact, in at least three major areas, the onus for leadership and action lies with the Centre. For over a year, there have been news reports of Niti Aayog, the erstwhile Planning Commission’s new avatar, working on a wide-ranging reform package for India’s farm sector. In recent months, teasers have appeared hinting at the Centre’s plans of...

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Decentralisation has fallen off the agenda -MA Oommen

-The Hindu Business Line The NITI Aayog should revive district-level planning in order to implement the 73rd and 74th Amendments to the Constitution While the Planning Commission, which was virtually an executive arm of the Union government, stands abolished, the District Planning Committee (DPC), a constitutional institution mandated “to prepare a draft development plan for the district as a whole” with a focus on resource endowments, environmental conservation, infrastructural development and spatial...

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Niti aayog drawing up blueprint for reforms in the farming sector -Yogima Sharma

-The Economic Times NEW DELHI: India is readying a raft of far-reaching reforms in the neglected agriculture sector, often seen as a politically sensitive subject, by trying to pitch the Niti Aayog’s blueprint directly with the states. Liberal contract farming, direct purchase from farmers by private players, direct sale by farmers to consumers, single trader licence, single point levy of taxes and taking fruits and vegetables out of the mandi laws are...

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