-The Times of India Former economic affairs secretary Shaktikanta Das , who PLAyed a key role during the demonetisation drive, spoke to TOI's Sidhartha & Surojit Gupta, four months after retiring from service in May. He says he does not agree with the criticism that implementation of demonetisation had serious shortcomings. Excerpts: * What is your assessment on the state of the economy? The macroeconomic parameters, except the growth figures which are down...
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Drowned by the dam -Medha Patkar
-The Indian Express The Sardar Sarovar Project has been dedicated to the nation. The nation must ask: Who is this development for, and at what cost? Was the ceremonial dedication of the Sardar Sarovar Dam to the nation on September 7 a success or a failure? The answer to this question could vary. Some may be influenced by the fact that no chief minister other than Gujarat’s participated in the function. Others...
More »Digital transactions rose 13.5% to Rs.124.69 tn in September: RBI -Komal Gupta
-Livemint.com Digital transactions rose 13.5%—from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise New Delhi: Digital transactions in September rose to the second highest monthly level by value since the government’s demonetisation exercise in November. Transactions through digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank...
More »Face the decline -Himanshu
-The Indian Express To suggest that demonetisation improved rural wages on the basis of rise in income of some workers is misleading. It halted the recovery of the rural economy, which had begun after the 2016 monsoon. There is now a consensus that the economy has been slowing down and is headed for a hard landing. Many who matter have spoken out and as Yashwant Sinha points out (‘I need to speak...
More »Why farmers are likely to ignore Mohan Bhagwat's prescriptions on cattle-based farming -Roshan Kishore
-Livemint.com Drastic fall in ownership of male cattle in rural India is testimony to the benefits of farm mechanization in agriculture New Delhi: Delivering his customary Vijayadashami speech, the Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat advised farmers to adopt “cow-based farming” practices as a way out of poverty. “When we talk about farming with less capital, organic in nature, naturally the point is raised that the large number of farmers in our...
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