-The Times of India blog Whatever its critics may say, there is one unambiguous achievement of the demonetisation drive. The Reserve Bank of India can surely now claim its rightful place in the Guinness or Limca books for the world record in time spent on a single count of currency notes. But what about the other benefits that the finance ministry claimed after RBI announced the results of this mahayajna of...
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The Truth About Demonetisation -Prabhat Patnaik
-Newsclick.in After months of dilly-dallying the Reserve Bank of India has finally come out with the figure that nearly 99 percent of the currency notes demonetised in November 2016, came back to the banking system. After months of dilly-dallying the Reserve Bank of India has finally come out with the figure that nearly 99 percent of the currency notes demonetised in November 2016, came back to the banking system. The total value...
More »PDS focus should be on people, not fingerprints -Geetanjali Krishna
-Business Standard For those whose fingerprints don't match, life becomes 'imPoS-able' New Delhi: In certain circles of Jharkhand, a newly-minted term has become the source of heartburn and more — PoS-able. It refers to whether or not one’s fingerprints match on the PoS (point of sale) biometric readers in ration shops. Those whose fingerprints match, access their allotted ration. For those whose fingerprints don’t match, life becomes ‘imPoS-able’. According to an ongoing...
More »Direct selling, adivasi style -Chitrangada Choudhury
-The Hindu Business Line At an organic market in Odisha, middle-class consumers get to interact with the producers of their food and appreciate traditional knowledge systems One Sunday morning in January, I visited an organic produce market located amidst dense bougainvillea creepers and rows of trees, on the grounds of the six-decade-old Christian Hospital in Bissamcuttack, a town in western Odisha’s Rayagada district. In policy and public imagination, Odisha, particularly its western districts...
More »Is direct benefit transfer really a panacea for the rural poor? -Sanjiv Phansalkar
-VillageSquare.in Given the complex and varied situations in rural India, the results of the direct benefit transfer method are so far mixed at best and debilitating at worst, as seen in the subsidies for farm equipment and fertilizers Direct benefit transfer (DBT), a system through which government programs transfer funds directly to bank accounts of beneficiaries, is hailed as a major intervention that is expected to cut a whole lot of misdirection...
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