-The Hindu Business Line Sangrur and Samrala: In normal times, the grain mandi of Samrala is abuzz with the hum of agrarian commerce. These days, however, it lies virtually vacant, with only a handful of farmers coming to sell their produce. Joginder Singh Sahni says that usually the mandi is full of wheat and rice farmers selling their goods. Commission agents and other links on the commercial chain add to the...
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Poor swiped out in choice-less, not cash-less, society -Aruna Roy and Nikhil Dey
-The Indian Express For the poor, with little cash in the first place, digital promises to ‘swipe’ them out, before their marginalisation is even addressed. Demonetisation is, by its very nature, an autocratic, coercive step. The demonetisation of November 2016 has affected every single Indian. We are, as usual, persuaded to bear the pain and suffering, to “sacrifice” for the nation. The rhetoric continues but it now seems clear that the objective...
More »Time for a policy shift -Bishwanath Goldar & Arup Mitra
-The Hindu The unorganised manufacturing sector should be reoriented towards non-household units to provide efficiency gains. Ever since E.F. Schumacher, a British economist, published in 1973 his book Small is Beautiful, implying that small units are better in terms of performance indicators and labour absorption, several studies have endorsed the same idea and argued in favour of promoting small units. Stretching the argument a little further, it may be emphasised that small...
More »BharatNet project: Ground work ready, connectivity not so much -Pranav Mukul
-The Indian Express With optic fibre cables laid in over 65,000 gram panchayats, Centre’s BharatNet project seems on track to achieve its 1,00,000 target by March 2017. However, lack of active connectivity remains a concern. Ahmedabad/ Gandhinagar/ New Delhi: With less than 25 per cent of the 65,475 gram panchayats in the country with optic fibre connectivity having active internet under the BharatNet project, the success of Centre’s push for digital payments...
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...
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