-The Indian Express Six months on, there appears little justification for Demonetisation in theories of politics, governance. Demonetisation has been evaluated through multiple dimensions — political, economic, constitutional, legal — and the role of the institutions involved. However, what were the philosophical underpinnings for “the most sweeping change in currency policy that has occurred anywhere in the world in decades”? One might think Demonetisation was from the utilitarian school (given the rhetoric around...
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Drought not the culprit, ryots died due to illness, committed suicides for personal reasons: TN -Krishnadas Rajagopal
-The Hindu The State, in an affidavit perused by Supreme Court on Friday, said it received information about the causes of farmers' deaths through reports collected from Collectors. The Tamil Nadu government on Friday blamed heart attacks, illness, and “in certain cases”, suicides for deaths of its farmers reeling under severe drought. The State, in an affidavit perused by the Supreme Court on Friday, said it had received information about the causes of...
More »Why Aadhaar cannot deliver anything it promises -Anupam Saraph
-The Economic Times Aadhaar came with a lot of promises. They were brought by some of the brightest in India. Aadhaar promises to remove duplicates and ghosts from government databases, deliver subsidies to beneficiaries, collect taxes, provide financial inclusion and eliminate corruption. Here is why it cannot deliver anything it promises. Aadhaar came with a lot of promises. They were brought by some of the brightest in India. Promise 1: Removing Fraud and Duplicates In...
More »Tamil Nadu's farmers are the most distress-ridden in India -Roshan Kishore
-Livemint.com Mint’s rural distress index is below its median value, but it conceals varying distress levels across states Uttar Pradesh chief minister Yogi Adityanath’s announcement of farm loan waiver has given credence to similar demands from across the country. Those making these demands include political parties, protesting farmers and even the judiciary. An earlier Plainfacts column had pointed out how farm loan waivers can be counter-productive in the long run, a fact...
More »Gold and note ban: How black money turned white, then yellow -Rajesh Bhayani
-Business Standard Gold imports in January-March 2017 were the most since the same quarter of 2013 January-March 2017 has been the best fourth quarter in terms of gold imports since early 2013. Gold imports in the last quarter stood at 230 tonnes, and more than 100 tonnes is estimated to have been imported in March alone. But for the blip in December, gold imports have gone up significantly following the government’s announcement of Demonetisation,...
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