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Pranab Bardhan, emeritus professor of economics at the University of California at Berkeley interviewed by Pramit Bhattacharya

-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...

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Swachh Bharat: Centre to spend Rs 2 lakh cr in 5 yrs

-Business Standard The government to set up a 'Swachh Bharat Kosh' to provide tax and fiscal incentives The Centre would spend around Rs 2,00,000 crore over the next five years for the Swachh Bharat Mission, said M Venkaiah Naidu, Union minister for urban development. The minister also said the government would set up a 'Swachh Bharat Kosh' to provide tax and fiscal incentives. The minister said urban India generates about 68.8 million tonnes...

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Black money: ₹4,500 cr lying in bank accounts abroad, says SIT

-The Hindu Business Line   Wants pan used in payments over ₹1 lakh, cap on amount of cash a person can keep Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court. The report, released on Friday, said investigations are pending in 33 cases involving an amount of ₹14,957.95 crore, and that...

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Executive's Environmental Dilemmas: Unpacking a Committee’s Report -Manju Menon and Kanchi Kohli

-Economic and Political Weekly   The High-Level Committee set up by the Narendra Modi government to review the major laws relating to environment protection has, in its recommendations, worked towards two sets of objectives: one, to separate business from the messiness of governance, and, two, to redraw the line of demarcation between the judiciary and the executive. Manju Menon (manjumenon@namati.org) and Kanchi Kohli (kanchikohli@namati.org) are with the Centre for Policy Research - Namati...

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Call for ‘mission mode’ to tackle arsenic contamination

-The Hindu Expressing serious concern over the extent of arsenic contamination in groundwater that has affected nearly 70 million people in 86 districts across 10 States, a Parliamentary panel led by senior BJP leader Murli Manohar Joshi has favoured "mission mode'' approach by the Centre to deal with the problem. Dr. Joshi tabled the first report of the Committee on Estimates on ‘Occurrence of High Arsenic Content in Ground Water' in...

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