-NetworkIdeas.org Before joining the neo-liberal order, India used to have “rupee payment arrangements” with the Soviet Union and Eastern European socialist countries under which the main international reserve currency, the US dollar, was used neither for settling transactions nor even as the unit of account in terms of which the trade-related transactions were denominated. The dollar in short was used neither as the means of circulation, nor even as the unit...
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In its letter to Shri Hardeep Puri, civil society activists and eminent citizens press for 100 days of guaranteed employment for each individual worker in urban areas
-Press release by Peoples' Action for Employment Guarantee, dated 29th July, 2020 The present Covid -19 crisis has brought to the fore the importance of MGNREGA in providing employment to rural workers as well as to those urban workers who due to lack of employment opportunities in urban areas were forced to migrate back to their villages. The Central Government is planning to launch an urban employment guarantee (UEG) programme at...
More »Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
More »United by a common purpose -Suhrith Parthasarathy
-The Hindu The Constitution Bench in the land acquisition case must show us that the court still respects rules of precedent Entrenched in our commitment to a rule of law is what lawyers describe as stare decisis. That is, in plain English, a promise to stand by things decided, to respect and honour precedent. Today, with the Supreme Court seized by a maelstrom of crises, this principle stands deeply undermined. At first,...
More »M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)
-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...
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