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
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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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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        LATEST NEWS UPDATES | Noted American experts divided over India&#039;s demonetisation drive -Varghese K George    </title>
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-The Hindu

Maximum government, minimum governance: Pranab Bardhan

Two prominent American economists have widely different views on India&rsquo;s demonetisation drive. Harvard economist Kenneth Rogoff is of the opinion that the move will help tackle corruption and tax evasion, while Pranab Bardhan, Professor..."/>
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-The Hindu

Maximum government, minimum governance: Pranab Bardhan

Two prominent American economists have widely different views on India&rsquo;s demonetisation drive. Harvard economist Kenneth Rogoff is of the opinion that the move will help tackle corruption and tax evasion, while Pranab Bardhan, Professor..." />
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    <h1 class="cat-box-title">Noted American experts divided over India&#039;s demonetisation drive -Varghese K George</h1>
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                            <div align="justify">-The Hindu<br /><br /><em>Maximum government, minimum governance: Pranab Bardhan<br /></em><br />Two prominent American economists have widely different views on India&rsquo;s demonetisation drive. Harvard economist Kenneth Rogoff is of the opinion that the move will help tackle corruption and tax evasion, while Pranab Bardhan, Professor of Economics at the University of California, Berkeley, believes it cannot make &ldquo;much of a dent in the long-term problem of corruption or black money.&rdquo; Both of them shared their views with The Hindu through emails on Monday. &nbsp;<br /><br />&ldquo;There is little precedent in peacetime for India&rsquo;s overnight demonetisation of its two largest banknotes.&nbsp; The basic idea of taking old notes out of circulation and introducing new ones is perfectly normal and sensible, but usually this is done gradually over a period of years (per the plan I propose for advanced economies in my recent book The Curse of Cash). India&rsquo;s approach of forcing a rapid exchange may well succeed in penalising corrupt politicians, criminal and tax evaders far more than a gradual approach would.&nbsp; But even if the move had been well prepared, the collateral damage on ordinary people would still have been significant.&nbsp; The long-run effects of India&rsquo;s currency exchange on corruption, crime and tax evasion may yet prove so great they will still outweigh the short-run costs but that will depend on implementation,&rdquo; said Mr. Rogoff.<br /><br />Please <a href="http://www.thehindu.com/news/international/Noted-American-experts-divided-over-India%E2%80%99s-demonetisation-drive/article16733142.ece?homepage=true" title="http://www.thehindu.com/news/international/Noted-American-experts-divided-over-India%E2%80%99s-demonetisation-drive/article16733142.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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Maximum government, minimum governance: Pranab Bardhan

Two prominent American economists have widely different views on India&rsquo;s demonetisation drive. Harvard economist Kenneth Rogoff is of the opinion that the move will help tackle corruption and tax evasion, while Pranab Bardhan, Professor..."/>
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    <h1 class="cat-box-title">Noted American experts divided over India&#039;s demonetisation drive -Varghese K George</h1>
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                            <div align="justify">-The Hindu<br /><br /><em>Maximum government, minimum governance: Pranab Bardhan<br /></em><br />Two prominent American economists have widely different views on India&rsquo;s demonetisation drive. Harvard economist Kenneth Rogoff is of the opinion that the move will help tackle corruption and tax evasion, while Pranab Bardhan, Professor of Economics at the University of California, Berkeley, believes it cannot make &ldquo;much of a dent in the long-term problem of corruption or black money.&rdquo; Both of them shared their views with The Hindu through emails on Monday. &nbsp;<br /><br />&ldquo;There is little precedent in peacetime for India&rsquo;s overnight demonetisation of its two largest banknotes.&nbsp; The basic idea of taking old notes out of circulation and introducing new ones is perfectly normal and sensible, but usually this is done gradually over a period of years (per the plan I propose for advanced economies in my recent book The Curse of Cash). India&rsquo;s approach of forcing a rapid exchange may well succeed in penalising corrupt politicians, criminal and tax evaders far more than a gradual approach would.&nbsp; But even if the move had been well prepared, the collateral damage on ordinary people would still have been significant.&nbsp; The long-run effects of India&rsquo;s currency exchange on corruption, crime and tax evasion may yet prove so great they will still outweigh the short-run costs but that will depend on implementation,&rdquo; said Mr. Rogoff.<br /><br />Please <a href="http://www.thehindu.com/news/international/Noted-American-experts-divided-over-India%E2%80%99s-demonetisation-drive/article16733142.ece?homepage=true" title="http://www.thehindu.com/news/international/Noted-American-experts-divided-over-India%E2%80%99s-demonetisation-drive/article16733142.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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        LATEST NEWS UPDATES | Noted American experts divided over India&#039;s demonetisation drive -Varghese K George    </title>
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-The Hindu

Maximum government, minimum governance: Pranab Bardhan

Two prominent American economists have widely different views on India&rsquo;s demonetisation drive. Harvard economist Kenneth Rogoff is of the opinion that the move will help tackle corruption and tax evasion, while Pranab Bardhan, Professor..."/>
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-The Hindu

Maximum government, minimum governance: Pranab Bardhan

Two prominent American economists have widely different views on India&rsquo;s demonetisation drive. Harvard economist Kenneth Rogoff is of the opinion that the move will help tackle corruption and tax evasion, while Pranab Bardhan, Professor..." />
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    <h1 class="cat-box-title">Noted American experts divided over India&#039;s demonetisation drive -Varghese K George</h1>
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                            <div align="justify">-The Hindu<br /><br /><em>Maximum government, minimum governance: Pranab Bardhan<br /></em><br />Two prominent American economists have widely different views on India&rsquo;s demonetisation drive. Harvard economist Kenneth Rogoff is of the opinion that the move will help tackle corruption and tax evasion, while Pranab Bardhan, Professor of Economics at the University of California, Berkeley, believes it cannot make &ldquo;much of a dent in the long-term problem of corruption or black money.&rdquo; Both of them shared their views with The Hindu through emails on Monday. &nbsp;<br /><br />&ldquo;There is little precedent in peacetime for India&rsquo;s overnight demonetisation of its two largest banknotes.&nbsp; The basic idea of taking old notes out of circulation and introducing new ones is perfectly normal and sensible, but usually this is done gradually over a period of years (per the plan I propose for advanced economies in my recent book The Curse of Cash). India&rsquo;s approach of forcing a rapid exchange may well succeed in penalising corrupt politicians, criminal and tax evaders far more than a gradual approach would.&nbsp; But even if the move had been well prepared, the collateral damage on ordinary people would still have been significant.&nbsp; The long-run effects of India&rsquo;s currency exchange on corruption, crime and tax evasion may yet prove so great they will still outweigh the short-run costs but that will depend on implementation,&rdquo; said Mr. Rogoff.<br /><br />Please <a href="http://www.thehindu.com/news/international/Noted-American-experts-divided-over-India%E2%80%99s-demonetisation-drive/article16733142.ece?homepage=true" title="http://www.thehindu.com/news/international/Noted-American-experts-divided-over-India%E2%80%99s-demonetisation-drive/article16733142.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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Noted American experts divided over India's demonetisation drive -Varghese K George

Published on Dec 1, 2016   Modified on Dec 1, 2016

-The Hindu Maximum government, minimum governance: Pranab Bardhan Two prominent American economists have widely different views on India’s demonetisation drive. Harvard economist Kenneth Rogoff is of the opinion that the move will help tackle corruption and tax evasion, while Pranab Bardhan, Professor of Economics at the University of California, Berkeley, believes it cannot make “much of a dent in the long-term problem of corruption or black money.” Both of them shared their views with The Hindu through emails on Monday.   “There is little precedent in peacetime for India’s overnight demonetisation of its two largest banknotes.  The basic idea of taking old notes out of circulation and introducing new ones is perfectly normal and sensible, but usually this is done gradually over a period of years (per the plan I propose for advanced economies in my recent book The Curse of Cash). India’s approach of forcing a rapid exchange may well succeed in penalising corrupt politicians, criminal and tax evaders far more than a gradual approach would.  But even if the move had been well prepared, the collateral damage on ordinary people would still have been significant.  The long-run effects of India’s currency exchange on corruption, crime and tax evasion may yet prove so great they will still outweigh the short-run costs but that will depend on implementation,” said Mr. Rogoff. Please click here to read more.

The Hindu, 1 December, 2016, http://www.thehindu.com/news/international/Noted-American-experts-divided-over-India%E2%80%99s-demonetisation-drive/article16733142.ece?homepage=true

Tagged with: Demonetisation Currency demonetisation black money Corruption Counterfeit Currency

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• Hardships faced can’t be seen as shortfall of demonetisation: Centre to SC -Abraham Thomas

 

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