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
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
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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
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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

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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                            <div align="justify">-Livemint.com<br /><br /><em>Demonetization could cause temporary pain to those who have unaccounted incomes<br /></em><br />One of the biggest issues which helped Prime Minister Narendra Modi capture power in 2014 was the promise to crack down on corruption and black money. Midway in his tenure, he has announced scrapping of currency notes of Rs.500 and Rs.1,000 to curb black money and other illegal activities such as counterfeiting of notes and money laundering. Given the fact that Rs.500 and Rs.1,000 notes account for more than four-fifth of the currency in circulation, the move is likely to create significant chaos in the economy in the short run. Is the pain worth it?<br /><br />There is no denying the fact that unaccounted income is a major problem in India. A 2010 paper published in the International Economic Journal estimated that the shadow economy accounted for around one-fourth of India&rsquo;s GDP between 1999 and 2007. Although India fared much better than many Asian and African countries on this count, it fares badly compared to major economies. <br /><br />Please <a href="http://www.livemint.com/Politics/YwTp4IUs8dgeokfpULq9LM/Will-Modis-big-currencyscrapping-gamble-yield-results.html" title="http://www.livemint.com/Politics/YwTp4IUs8dgeokfpULq9LM/Will-Modis-big-currencyscrapping-gamble-yield-results.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Livemint.com<br /><br /><em>Demonetization could cause temporary pain to those who have unaccounted incomes<br /></em><br />One of the biggest issues which helped Prime Minister Narendra Modi capture power in 2014 was the promise to crack down on corruption and black money. Midway in his tenure, he has announced scrapping of currency notes of Rs.500 and Rs.1,000 to curb black money and other illegal activities such as counterfeiting of notes and money laundering. Given the fact that Rs.500 and Rs.1,000 notes account for more than four-fifth of the currency in circulation, the move is likely to create significant chaos in the economy in the short run. Is the pain worth it?<br /><br />There is no denying the fact that unaccounted income is a major problem in India. A 2010 paper published in the International Economic Journal estimated that the shadow economy accounted for around one-fourth of India&rsquo;s GDP between 1999 and 2007. Although India fared much better than many Asian and African countries on this count, it fares badly compared to major economies. <br /><br />Please <a href="http://www.livemint.com/Politics/YwTp4IUs8dgeokfpULq9LM/Will-Modis-big-currencyscrapping-gamble-yield-results.html" title="http://www.livemint.com/Politics/YwTp4IUs8dgeokfpULq9LM/Will-Modis-big-currencyscrapping-gamble-yield-results.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Livemint.com<br /><br /><em>Demonetization could cause temporary pain to those who have unaccounted incomes<br /></em><br />One of the biggest issues which helped Prime Minister Narendra Modi capture power in 2014 was the promise to crack down on corruption and black money. Midway in his tenure, he has announced scrapping of currency notes of Rs.500 and Rs.1,000 to curb black money and other illegal activities such as counterfeiting of notes and money laundering. Given the fact that Rs.500 and Rs.1,000 notes account for more than four-fifth of the currency in circulation, the move is likely to create significant chaos in the economy in the short run. Is the pain worth it?<br /><br />There is no denying the fact that unaccounted income is a major problem in India. A 2010 paper published in the International Economic Journal estimated that the shadow economy accounted for around one-fourth of India&rsquo;s GDP between 1999 and 2007. Although India fared much better than many Asian and African countries on this count, it fares badly compared to major economies. <br /><br />Please <a href="http://www.livemint.com/Politics/YwTp4IUs8dgeokfpULq9LM/Will-Modis-big-currencyscrapping-gamble-yield-results.html" title="http://www.livemint.com/Politics/YwTp4IUs8dgeokfpULq9LM/Will-Modis-big-currencyscrapping-gamble-yield-results.html">click here</a> to read more. <br /></div>                                                           
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Home हिन्दी

Will Modi's big currency-scrapping gamble yield results? -Roshan Kishore

Published on Nov 11, 2016   Modified on Nov 13, 2016

-Livemint.com Demonetization could cause temporary pain to those who have unaccounted incomes One of the biggest issues which helped Prime Minister Narendra Modi capture power in 2014 was the promise to crack down on corruption and black money. Midway in his tenure, he has announced scrapping of currency notes of Rs.500 and Rs.1,000 to curb black money and other illegal activities such as counterfeiting of notes and money laundering. Given the fact that Rs.500 and Rs.1,000 notes account for more than four-fifth of the currency in circulation, the move is likely to create significant chaos in the economy in the short run. Is the pain worth it? There is no denying the fact that unaccounted income is a major problem in India. A 2010 paper published in the International Economic Journal estimated that the shadow economy accounted for around one-fourth of India’s GDP between 1999 and 2007. Although India fared much better than many Asian and African countries on this count, it fares badly compared to major economies. Please click here to read more.

Livemint.com, 11 November, 2016, http://www.livemint.com/Politics/YwTp4IUs8dgeokfpULq9LM/Will-Modis-big-currencyscrapping-gamble-yield-results.html

Tagged with: black money Counterfeit Currency Currency demonetisation Demonetisation

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