Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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On day-2 of the demonetization drive, serpentine queues have reported from banks and ATMs around the country

World Bank Chief Economist and India&rsquo;s former chief economic advisor Kaushik Basu said that the Narendra Modi government&rsquo;s demonetization drive was not &lsquo;good..."/>
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-Business Standard

On day-2 of the demonetization drive, serpentine queues have reported from banks and ATMs around the country

World Bank Chief Economist and India&rsquo;s former chief economic advisor Kaushik Basu said that the Narendra Modi government&rsquo;s demonetization drive was not &lsquo;good..." />
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                            <div align="justify">-Business Standard<br /><br /><em>On day-2 of the demonetization drive, serpentine queues have reported from banks and ATMs around the country<br /></em><br />World Bank Chief Economist and India&rsquo;s former chief economic advisor Kaushik Basu said that the Narendra Modi government&rsquo;s demonetization drive was not &lsquo;good economics&rsquo; and that the damage it causes will be greater than its benefits.<br /><br />&ldquo;GST was good economics; the demonetization is not. Its economics is complex &amp; the collateral damage is likely to far outstrip the benefits,&rdquo; Basu tweeted on Friday evening. Basu was the CEA in the Finance Ministry from December 2009 to July 2012.<br /><br />On day two of the demonetization drive, serpentine queues were reported from banks and ATMs around the country.<br /><br />While government utilities were said to be accepting old currency, banks were quickly running out of cash.<br /><br />Senior government officials said that such difficulties were expected and things would improve in the coming days, even as the centre extended the use of old notes in utilities by another 72 hours.</div>                                                           
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On day-2 of the demonetization drive, serpentine queues have reported from banks and ATMs around the country

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                            <div align="justify">-Business Standard<br /><br /><em>On day-2 of the demonetization drive, serpentine queues have reported from banks and ATMs around the country<br /></em><br />World Bank Chief Economist and India&rsquo;s former chief economic advisor Kaushik Basu said that the Narendra Modi government&rsquo;s demonetization drive was not &lsquo;good economics&rsquo; and that the damage it causes will be greater than its benefits.<br /><br />&ldquo;GST was good economics; the demonetization is not. Its economics is complex &amp; the collateral damage is likely to far outstrip the benefits,&rdquo; Basu tweeted on Friday evening. Basu was the CEA in the Finance Ministry from December 2009 to July 2012.<br /><br />On day two of the demonetization drive, serpentine queues were reported from banks and ATMs around the country.<br /><br />While government utilities were said to be accepting old currency, banks were quickly running out of cash.<br /><br />Senior government officials said that such difficulties were expected and things would improve in the coming days, even as the centre extended the use of old notes in utilities by another 72 hours.</div>                                                           
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On day-2 of the demonetization drive, serpentine queues have reported from banks and ATMs around the country

World Bank Chief Economist and India&rsquo;s former chief economic advisor Kaushik Basu said that the Narendra Modi government&rsquo;s demonetization drive was not &lsquo;good..."/>
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    <h1 class="cat-box-title">Demonetisation damage greater than its benefits, says Kaushik Basu -Arup Roychoudhury</h1>
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                            <div align="justify">-Business Standard<br /><br /><em>On day-2 of the demonetization drive, serpentine queues have reported from banks and ATMs around the country<br /></em><br />World Bank Chief Economist and India&rsquo;s former chief economic advisor Kaushik Basu said that the Narendra Modi government&rsquo;s demonetization drive was not &lsquo;good economics&rsquo; and that the damage it causes will be greater than its benefits.<br /><br />&ldquo;GST was good economics; the demonetization is not. Its economics is complex &amp; the collateral damage is likely to far outstrip the benefits,&rdquo; Basu tweeted on Friday evening. Basu was the CEA in the Finance Ministry from December 2009 to July 2012.<br /><br />On day two of the demonetization drive, serpentine queues were reported from banks and ATMs around the country.<br /><br />While government utilities were said to be accepting old currency, banks were quickly running out of cash.<br /><br />Senior government officials said that such difficulties were expected and things would improve in the coming days, even as the centre extended the use of old notes in utilities by another 72 hours.</div>                                                           
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Demonetisation damage greater than its benefits, says Kaushik Basu -Arup Roychoudhury

Published on Nov 13, 2016   Modified on Nov 13, 2016

-Business Standard On day-2 of the demonetization drive, serpentine queues have reported from banks and ATMs around the country World Bank Chief Economist and India’s former chief economic advisor Kaushik Basu said that the Narendra Modi government’s demonetization drive was not ‘good economics’ and that the damage it causes will be greater than its benefits. “GST was good economics; the demonetization is not. Its economics is complex & the collateral damage is likely to far outstrip the benefits,” Basu tweeted on Friday evening. Basu was the CEA in the Finance Ministry from December 2009 to July 2012. On day two of the demonetization drive, serpentine queues were reported from banks and ATMs around the country. While government utilities were said to be accepting old currency, banks were quickly running out of cash. Senior government officials said that such difficulties were expected and things would improve in the coming days, even as the centre extended the use of old notes in utilities by another 72 hours.

Business Standard, 12 November, 2016, http://www.business-standard.com/article/economy-policy/demonetisation-damage-greater-than-its-benefits-says-kaushik-basu-116111101733_1.html

Tagged with: Counterfeit Currency black money Fake Currency Currency demonetisation Demonetisation

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