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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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It Is Time to Address India's Abysmal Job Creation Record -Pradeep S Mehta & Amol Kulkarni

-TheWire.in More than 550 jobs were lost each day in the last four years in India, placing it behind Bangladesh and Vietnam in terms of job creation. The sheer pressure of poverty means that job creation will always be high on the agenda of any government. In India, significant public resources have been invested to encash the demographic dividend and prevent it from becoming a burden. But the results have been far...

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The overrated urban spinoff -Raghav Gaiha

-The Indian Express Agriculture’s contribution to poverty reduction is five times more than that of metropolitan centres Speaking at the third BRICS Urbanisation Forum in Visakhapatnam on September 14, Deputy Chairman of the Niti Ayog, Arvind Panagariya, announced that “Without cities we can’t grow rapidly”. He added, “urbanisation plays an important role in poverty alleviation”. Both claims are exaggerated and somewhat misleading. A recent report prepared for the UN points out that, over...

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Still seriously hungry and poor -Amit Kapoor & Sankalp Sharma

-The Hindu Economic growth alone is not enough to achieve key Sustainable Development Goals. It must translate into jobs for the poor and marginalised India is the fastest growing large economy in the world today. Despite this, one in every five Indians is poor. Multilateral agencies as well as governments are playing an active role in understanding problems relating to poverty and hunger and finding solutions to them. But these challenges are...

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Rising joblessness should worry BJP -Sanjay Kumar

-The Asian Age As a neutral observer, I have no hesitation in saying that at this moment there is hardly any political party which could pose a political challenge to the BJP at the national level, but that doesn’t mean that there are no alarm bells for the BJP. The party, which swept not only the 2014 Lok Sabha elections but also most of the Assembly elections held after that, may...

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