-The Telegraph After the third general elections held in 1962, the scholar-statesman, C. Rajagopalachari, wrote a fascinating, if now forgotten, essay on the imperfections of our young democracy. "The Indian electorate", remarked Rajaji, "suffers from well-known defects from which Western democracies are relatively free. The Indian voters are in great measure poor and vulnerable to bribery: even a day's expense for food serves to buy a large number of the poor...
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Demonetisation and the economy: Signs of distress everywhere -Ankur Bhardwaj
-Business Standard Indian economy is showing signs of distress all around and economists are not off the mark in their assessment When Prime Minister Narendra Modi addressed the nation on November 8 and announced his government’s big move to tackle black money, currency counterfeiting and terror funding by banning old currency notes of Rs 500 & Rs 1,000, there were murmurs of protest. Since then, economists like Amartya Sen, Kaushik Basu and many...
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...
More »Social entrepreneurs and promoters of the platform Azadi.in -- Radhakrishnan Ram Manohar, Siddharth Vijayan, Praveen Paul and Stalvart John -- interviewed by Shilpa Nair Anand (The Hindu)
-The Hindu A crowd funding platform for legal fees, www.azadi.in, is enabling greater ease of access to justice for all. The founders are four young men from Kochi Four young men from Kochi - Radhakrishnan Ram Manohar, Siddharth Vijayan, Praveen Paul and Stalvart John – a couple of years back thought up something that won our hearts – ‘Sisters Across Borders’. Those were hard times in flood-hit Kashmir; aid was pouring in...
More »Bridging the skill gap -Santosh Mehrotra
-The Hindu A levy on firms, resources from which are earmarked for vocational training, is what could help the country bridge the skill gap in its workforce. Financing technical vocational education and training (VET) is costlier than general education due to its technical nature. Pre-service training requires the installation of equipment and trained instructors to train youth. This raises the cost of training, and remains a factor preventing pre-service training from expanding...
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