-The Indian Express It can also mean other things such as currency shortage, transaction mode shift. The government has presented a lower cash-to-GDP ratio as a key achievement of demonetisation, and a measure of black money being checked. Economists, however, caution against reading this metric in isolation. Prime Minister Narendra Modi said last month that the cash-to-GDP ratio is down to 9% after demonetisation, from over 12% earlier. “Was it possible if a...
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Jean Dreze, development economist, interviewed by Ankita Virmani (Firstpost.com)
-Firstpost.com Development economist Jean Dreze has been vociferous critic of the Narendra Modi government's demonetisation of Rs 500 and Rs 1,000 notes a year back. He had famously warned that "demonetisation in a booming economy is like shooting at the tyres of a racing car". A year on, it seems his caution has come true. In the first quarter of the current financial year, the GDP growth slowed to a three-year...
More »Jean Dreze, development economist, interviewed by Santwana Bhattacharya (The New Indian Express)
-The New Indian Express NEW DELHI: Amid controversial reports of hunger deaths in Jharkhand due to PDS beneficiaries being turned away, economist Jean Dreze says that even official records show that a significant proportion of people are being deprived of food rations every month. In an interview with New Sunday Express, the prime mover behind the NREGA welfare scheme said “this does not mean that Aadhaar is solely responsible for the failures...
More »Delhi air pollution sets alarm bells ringing, shuts down primary schools, hits flights, trains
-Hindustan Times Delhi air pollution hit severe levels on Tuesday, prompting officials to shut down junior SECtions in schools and recommend a four-fold hike in parking fees as well as a cut in Metro fares. New Delhi gasped for oxygen on Tuesday as a toxic haze reduced visibility, affected flights and trains, and prompted chief minister Arvind Kejriwal to describe the national capital as a “gas chamber”. (Highlights) Delhi education minister Manish Sisodia...
More »Is the National Health Insurance Scheme in Chhattisgarh Doing More Damage Than Good? -Sulakshana Nandi
-TheWire.in Studies from Chhattisgarh and other states show that most private hospitals force people to pay additional money even after using health insurance. The Rashtriya Swasthya Bima Yojana (RSBY) or the National Health Insurance Scheme, was initiated in Chhattisgarh in 2009 for below poverty line (BPL) families. In 2012, Chhattisgarh expanded the scheme to non-BPL families as well, through the Mukhyamantri Swasthya Bima Yojana (MSBY), making it a universal scheme. Under the...
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