The tale and maths of universal basic income
Jean Drèze
Posted on: 15 Feb 2017

Commenting on the discussion on universal basic income in the recently released Economic Survey, Jean Drèze argues that UBI is an idea whose time will come, but that time is still quite distant as far as India is concerned.

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Reviving the informal sector from the throes of demonetisation
Kaushik Bhattacharya , Siddhartha Mitra , Sarmistha Pal , Bibhas Saha
Posted on: 13 Feb 2017

While recent measures announced by the government indicate some awareness of the hardships inflicted on the informal sector by the note ban, more needs to be done. In this article, Bhattacharya, Mitra, Pal and Saha summarise the emerging evidence on the significant adverse impact of demonetisation on the informal sector, and suggest policy measures to ensure a steady recovery.
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Deconstructing the global wave of right-wing populism
Pranab Bardhan
Posted on: 08 Feb 2017

At present, there seems to be palpable reaction against ideas of tolerance, minority rights, freedom of expression, and respect for individual autonomy and dignity, in many parts of the world. In this article, Pranab Bardhan contends that global traits of the populist right suggest how liberals can take it on.
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Union Budget 2017-18: No amends for the sins of demonetisation
Siddharth Varadarajan
Posted on: 06 Feb 2017

Commenting on India’s Union Budget 2017-18, Siddharth Varadarajan, a Founding Editor of The Wire, contends that dealing with the aftereffects of demonetisation requires a fiscal and monetary boost, but the government appears to be in no mood to deliver it. In his view, this is because the fiscal cushion that demonetisation was supposed to provide never materialised.
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India’s Union Budget 2017-18: Status quo for the social sector
Yamini Aiyar
Posted on: 03 Feb 2017

On 1 February, The Finance Minister of India presented the Union Budget 2017-18. In this article, Yamini Aiyar, Director of Accountability Initiative, contends that for social policy, the Budget suggests more continuity than radical change in India’s welfare architecture. However, it lacks a coherent vision for health and education.
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An economist’s view on recent domestic and world events
Dilip Mookherjee
Posted on: 31 Jan 2017

Dilip Mookherjee spoke to Hindu Business Line at length on a variety of issues including demonetisation, the upcoming Budget, and the Trump Presidency’s impact on the world economy.
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How to go about chasing black money
Indira Rajaraman
Posted on: 30 Jan 2017

In the context of demonetisation, Indira Rajaraman argues that the focus of any sustainable reform of the taxation structure must be on reducing flows of tax evasion, not going after existing caches of black money.
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Land acquisition: Need for a shift in discourse?
Dhanmanjiri Sathe
Posted on: 25 Jan 2017

Empirical evidence increasingly shows that farmers are willing to have their land acquired if the price-compensation package is acceptable. Given this trend, Dhanmanjiri Sathe argues that the discourse on land acquisition has been stagnant for a long time and needs to be changed.
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Do firms in India perceive themselves to be e-ready?
Bornali Bhandari , Ajaya Kumar Sahu
Posted on: 24 Jan 2017
Topics:   Infrastructure
Tags:   IT

Government of India’s ‘Digital India’ programme seeks to transform the country into a digitally-empowered society and knowledge economy. This column presents region-wise findings of a perception-based survey of the e-readiness of firms. While firms in west India seem to be more e-ready than those in other regions, there is tremendous scope across all firms to increase the use of information and communications technology in business activities to improve productivity.
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Decoding universal basic income for India
Jean Drèze
Posted on: 20 Jan 2017

In this article, Jean Drèze argues that while universal basic income is a good idea in principle, as far as India today is concerned, it sounds like premature articulation. It could also become a Trojan horse for the dismantling of hard-won entitlements of the underprivileged.

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