-Hindustan Times Subramanian says due to less suitable global economic scene, reaching double-digit growth will need more hard work The announcement that Arvind Subramanian, India’s Chief Economic Advisor (CEA), is quitting for personal reasons to return to the United States has generated considerable Attention. The CEA spoke to Prashant Jha about his time in government and the state of the economy: * As you look back, what are the key highlights and the...
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Thoothukudi Isn't Alone - Tamil Nadu Has Been Rising in Protest for Decades -Poonkuzhali
-TheWire.in Chennai: The Tamil Nadu Government has announced a ban on the use of plastics from January 1, 2019. This is a remarkable move aimed towards reducing the amount of plastic waste generated in the state. But is this enough to save the environment in the state? This announcement came barely a fortnight after the brutal killing of 13 people protesting against the Sterlite Copper unit in Thoothukudi. Sterlite Copper is one...
More »Demonetisation failed to make India a 'less cash' society -Vivek Dehejia and Rupa Subramanya
-Livemint.com The ratio of currency in circulation as share of broad money is back at pre-demonetisation levels, according to Reserve Bank of India data On 8 November 2016, Prime Minister Narendra Modi announced the “demonetisation” of high-value currency notes. When it became clear the ex ante goals of reducing corruption and black money were unlikely to succeed, Attention shifted to a range of possible ex post facto rationales for the move. Numerous...
More »Shillong to Thoothukudi, what data says about increasing protests in India -Pradeep Chhibber, Harsh Shah and Rahul Verma
-Hindustan Times Citizens are finding innovative ways to protest and are often doing so without the help of political parties, who often arrive ‘late to the party’. Though the recent violence in Shillong began over a minor scuffle and spread through a fabricated story on WhatsApp, it took almost a week to de-escalate tensions between members of the Sikh community, long-time settlers in the Punjabi Lane area of the city, and Khasis,...
More »Why NPCI and Facebook need urgent regulatory Attention
-The Economic Times The world’s oldest networked infrastructure, money, is increasingly dematerialising and fusing with the world’s latest networked infrastructure, the Internet. As the network effects compound, disruptive acceleration hurtle us towards financial utopia, or dystopia. Our fate depends on what we get right and what we get wrong with the law, code and architecture, and the market. The Internet, unfortunately, has completely transformed from how it was first architected. From a...
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