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Demonetisation has hit employment hard -Ajit Karnik

-Livemint.com The recent decline in the labour force participation rate should be a matter of deep concern for the Indian economy It has been a year since Prime Minister Narendra Modi surprised the country with the demonetisation announcement. Numerous commentators had criticized the move at the time for a variety of reasons, the most prominent among these being: (a) demonetisation was the wrong instrument for the intended objective of eliminating black money...

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Sense and Solidarity: Jholawala Economics for Everyone review:Field work -Puja Mehra

-The Hindu On the need for action-oriented research in development policy A whole new way of looking at poverty and development policy is taking shape in the world of economics. Traditionally understood as meagreness of material resources, there is a growing realisation that poverty also depletes mental resources. Understanding of how poverty impacts behaviour, what the absence of resources does to a person’s mindset can vitaminise the poverty-fighting policy toolkit. Insights, well-designed qualitative...

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A Response to NITI Aayog's Rajiv Kumar on Seasonality and Job Losses After Demonetisation -Mahesh Vyas

-TheWire.in Mahesh Vyas of the Centre for Monitoring Indian Economy (CMIE) responds to the NITI Aayog vice-chairman’s dismissal of CMIE’s research on unemployment in India. In an interview with Karan Thapar for The Wire, NITI Aayog’s vice chairman, Rajiv Kumar, has been dismissive about CMIE-BSE unemployment statistics. He says that I had no answer to chief statistician T.C.A. Anant’s question on seasonal adjustment of unemployment data. This is an incorrect description of...

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1,216.8 crore authentications: Govt swamps SC with UID data -Dhananjay Mahapatra

-The Times of India NEW DELHI: Bombarding the Supreme Court with statistics to convince it about ease of doing day-to-day activities with Aadhaar, the Centre said 118.64 crore Indians, which is 88% of the population, had obtained Aadhaar and they used it 1,216.8 crore times for authentication purposes. "As of today, the total number of Aadhaar-based authentication is 12,168,022,172. Therefore, the Indian population has used Aadhaar-based authentication over 1,216 crore times to...

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Wages worth Rs 3,066 crore unpaid under MGNREGS in 19 states -Jitendra

-Down to Earth Even after an order by the Supreme Court, the government has not released the payments The flagship scheme for rural employment generation, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), is facing severe fund crunch this year, resulting in unpaid dues of Rs 3,066 crore in wage payments in 19 states. Around 87 per cent of the scheme’s budget for this year has already by exhausted. A civil...

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