-Scroll.in Panchayats have no funds to hire and pay hordes of workers forced to return home from cities. Demonetisation has exposed the fragile state of the government’s Mahatma Gandhi National Rural Employment Guarantee Scheme. In Uttar Pradesh, in particular, an ever-burgeoning army of migrant labourers returning to their villages for lack of work in the cities, as a direct result of the cash crisis, has led to a mad scramble for employment...
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Post Demonetisation, Rural Health Takes a Serious Hit in Saharanpur -Bharat Dogra
-TheWire.in Not only are villagers unable to access timely medical care because of the lack of cash, nutrition levels are falling, making people more vulnerable to illness. Saharanpur, Uttar Pradesh: In Sultanpur Chilkana village of the Sarsawa block in Saharanpur, Resham breaks down while talking about the death of her husband Chandar. Wiping her tears, she tells us that he was very ill and needed medical attention urgently. But due to the...
More »MGNREGA hires plummet by 23 per cent in notebandi November -Subodh Varma
-The Times of India NEW DELHI: The Modi government's demonetisation move seems to have taken the wind out of the sails of an already faltering job guarantee scheme. The number of households getting work in November dropped by 23% compared to the previous month and those being turned back empty-handed jumped to a staggering 23.4 lakh, almost twice the number in October. Compared to the same month last year, work given this...
More »Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi
-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
More »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...
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