-TheNewsMinute.com One highly criticised Tamil Nadu government scheme was giving colour TV sets to households. While it was derided as a ‘freebie’, research has proved otherwise, write Dharanidharan Sivagnanaselvam and Bethanavel Kuppusamy. In a stratified society such as India trickle down economics do not work. Even in a society such as the US, which has a much lower stratification compared to India, trickle down economics has not worked well. Historically, India has...
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Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)
-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...
More »Dr. Kavita Rao, professor at National Institute of Public Finance and Policy (NIPFP), interviewed by Supriya Sharma (Scroll.in)
-Scroll.in The author of a paper published by a research institute under the Ministry of Finance expands on its conclusions. The drying up of cash has thrown the lives of millions of Indians in disarray. But many facing hardship support the government’s move. In Barabanki, Uttar Pradesh, a farmer who did not have cash to buy seeds and fertilisers, said, “Now when rich people deposit money in the bank, the income tax people...
More »The backpacker’s library -Anuradha Sengupta
-The Hindu Business Line One man with a backpack is determined to introduce the children of Kalagachia, West Bengal, to the joys of reading The conductor calls out “Mallikpur brickfield!” as the bus grinds to a halt. Across the road a tall chimney is visible — part of the brick-making outfit that this place is named after. A narrow sand-and-gravel path snakes from the road, through paddy fields, towards a village. The...
More »In new Bill: DNA testing rules, and some concerns -Amitabh Sinha
-The Indian Express The objective of the DNA Profiling Bill, 2015, is to establish a regulatory framework for DNA testing, and setting standards and guidelines for laboratories doing these tests. The proposed Human DNA Profiling Bill, 2015, could not be finalised in time to be introduced in Parliament’s Monsoon Session. After that, owing to the intense debate generated by the Bill in the past few weeks, the government extended the deadline...
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