-The Indian Express The poor adoption of a machine that can help avoid paddy stubble burning is an example of policy failure. Jalandhar/ Ludhiana: There is virtual unanimity — at least among scientists and aware farmers — that the ultimate solution to the recurrent problem of paddy stubble burning at this time of the year lies in the ‘Happy Seeder’ developed by the Punjab Agricultural University (PAU) in 2002. But more than...
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Rs 500 and Rs 1,000 ban: Narendra Modi govt has created 50-day hawala window for old notes -Narayanan Madhavan
-Firstpost.com Think of it as a 50-over one-day cricket match, with each day equivalent to an over. The game has just begun. The government of India, popularly known as Modi sarkar, has just created a 50-day hawala window for those with black money – albeit in a loose sense. The term hawala is usually used for illegal trade in foreign exchange going back to the times before 1993 when India had tight...
More »Are you waiting for people to die, SC asks government -Krishnadas Rajagopal
-The Hindu New Delhi: The Supreme Court on Thursday asked the government and the Central Pollution Control Board (CPCB) whether they intend to just sit back and watch people gasp for breath and finally die in a polluted National Capital. “The courts are trying to monitor, the National Green Tribunal is trying to monitor the pollution... and there you are, just sitting there and waiting for people to die,” Chief Justice of...
More »Nandan Nilekani, Infosys co-founder and one of the brains behind the Unified Payments Interface, interviewed by Anirban Sen (Livemint)
-Livemint.com Nandan Nilekani, one of the brains behind the Unified Payments Interface, on the near-term challenges of going cashless While the government’s decision to scrap Rs500 and Rs1,000 bank notes has been met with resistance from some quarters and been called too abrupt, Infosys co-founder Nandan Nilekani backed it, saying it was needed to speed up the move to a cashless economy. “There is no question that this is a very bold...
More »Here's What Raghuram Rajan Thinks Of Currency Demonetisation -Rimin Dutt
-Huffington Post It's not what most people are saying The government's currency swap PLAn to withdraw Rs 500 and Rs 1,000 bank notes from circulation as a way to demonetise is being hailed by many banks and experts as the ultimate weapon against black money. However, demonetisation, as a strategy, isn't new and has been tried before with limited success. Here's what former Reserve Bank of India governor Raghuram Rajan once said during...
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