-The Telegraph The state government had organised a Diwali-eve celebration on November 3 and lit 9 lakh lamps, with Adityanath inaugurating the programme Lucknow: On FriDay, Prime Minister Narendra Modi had praised the way the Uttar Pradesh government had marked Diwali in Ayodhya by lighting hundreds of thousands of diyas, saying “Ayodhya is getting back its glory”. On SaturDay, a widely circulating video showed children collecting mustard oil from some of these diyas...
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Five Years Since Demonetisation, Value Of Cash In Circulation Up 64% -Animesh Singh
-NDTV.com (with inputs from Agencies) The value and volume of bank notes in circulation had increased by 16.8 per cent and 7.2 per cent, respectively, during 2020-21 Though the government had launched its sudden move of demonetisation to cull out black money by weeding out currency notes worth 500 and 1,000 rupees denomination out of the system, on November 8, 2016, the notes in circulation in value terms have increased by 64...
More »An hour-by-hour account of how Delhi’s air quality tanked on Diwali -Abhishek Jha
-Hindustan Times Delhi air was cleaner on Diwali eve in 2021 than it was in 2019 and 2020. Things went downhill rapidly. Delhi woke up to one of its most polluted mornings this year after Diwali, according to Air Quality Index (AQI) data, with farm fires in Punjab and Haryana, and the use of fireworks on Diwali night (ThursDay) contributing to the spike. To be sure, AQI is not the best metric for...
More »Five years later, it’s even more clear that demonetisation was a disaster for India -Arun Kumar
-Scroll.in The move brought about a policy-induced crisis for the country and did little to stop the flow of black money. The demonetisation of high-denomination currency notes on November 8, 2016, created a nightmare for citizens that lasted several months. Long queues formed outside the banks and ATMs to obtain swap denotified currency notes for new ones so that life could continue. This situation persisted even beyond December 30, 2016, the last...
More »India’s Coal Crisis -CP Chandrasekhar
-NetworkIdeas.org In recent weeks the media have featured stories bordering on the alarmist about a coal shortage in India. Coal inventories with thermal power plants had fallen to levels at which major country-wide power outages seemed inevitable. Fortunately, that has not (as yet) materialized, but it is indeed true that coal inventories with the power producers did collapse from the equivalent of around 30 Days requirement to that for a couple...
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