-Business Standard Although the rate of cash circulation has surpassed the pre-demonetisation level, it is not in tandem with the rate of economic growth Automated Teller Machines (ATMs) across various states are running dry with the present situation reminiscent of demonetisation of high-value currency notes one-and-a-half years back. States, including Gujarat, Uttar Pradesh, Madhya Pradesh, Bihar, Andhra Pradesh, Manipur and Telangana, have reported shortage of cash at ATMs. A stock-taking analysis submitted by...

-The Hindu It has sharply lifted tax buoyancy and ushered many new return filers into the income tax net The argument about whether demonetisation was good or bad for the economy refuses to die down even a year after the event. Former RBI Governor Raghuram Rajan took potshots at it in a recent speech. While one can endlessly debate, with very little data, on whether the ban on high-value currency notes dealt a...

-The Indian Express To deal with corruption, it is not enough to just get fiscal policies right. It is in our collective long-term interest to nurture individual values. I went to an optometrist last week, who gave me one of those cards to read where the font starts out large and then gets progressively small, to test your reading capacity. In this case what was interesting was the content of the card....

-The Financial Express An RBI-backed research by KLEMS India shows that the employment in 27 sectors fell by 0.2% and 0.1%, respectively in the years 2014 and 2015. For a long time, there is a contention that India’s impressive growth story has been devoid of a similar expansion in jobs, with the proponents, on the other hand, calling the theory a hoax. In absence of comprehensive jobs data, India’s actual employment story...

The increase in organized sector employment (i.e. in establishments employing 10 or more workers) in the second quarter was much higher as compared to that in the first quarter of 2017-18. The seventh round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st October, 2017), which was released in March this year, confirms this. The Labour Bureau’s latest report says that during the period 1st April to...