-The Indian Express There has been only a marginal increase in the direct tax to GDP ratio after demonetisation. And the economy didn’t need to suffer for digitisation. The government did not celebrate the second anniversary of demonetisation, one of its biggest policy initiatives. It has celebrated the anniversary of all other big policies. Why the diffidence? The finance minister did come out with a statement listing the achievements of demonetisation. But his...
More »SEARCH RESULT
Havoc unleashed by demonetisation evident to everyone now, says former PM Manmohan Singh
-ThePrint.in In a statement issued on the second anniversary of demonetisation, former PM Manmohan Singh urged against ‘unorthodox, short-term economic measures’. Today marks the second anniversary of the ill-fated and ill-thought demonetisation exercise that the Narendra Modi government undertook in 2016. The havoc that it unleashed on the Indian economy and society is now evident to everyone. Notebandi impacted every single person, regardless of age, gender, religion, occupation or creed. It is often...
More »IMF must not interfere in government vs RBI row: RSS economic wing -Anand Patel
-India Today The IMF had on Friday expressed concerns over the reports of growing interference of the Narendra Modi government in the Reserve Bank of India. Swadeshi Jagran Manch (SJM) -- the economic wing of Rashtriya Swayamsevak Sangh (RSS) -- on Saturday (November 3) asked the International Monetary Fund (IMF) to not interfere in the internal affairs of India. The IMF had on Friday expressed concerns over the reports of growing interference...
More »Demonetisation: A circus, clowns and a silver bullet -James Wilson
-National Herald Two years after the disastrous demonetisation, the Prime Minister and his Finance Minister—even the fawning media— no longer speak of the ‘Demonetisation Dividend’. There has been none Two years back, on November 8, at around 8.30 pm, the Prime Minister of India, with his characteristic love for drama, unleashed on the country what he had then claimed was the one silver bullet which would eliminate the triple evils of...
More »GDP and jobs not good at tango -Basant Kumar Mohanty
-The Telegraph Higher GDP growth rate has often been accompanied by slowing job growth, an Azim Premji University report says New Delhi: Job creation has not only failed to keep pace with the country’s GDP growth over the decades, a higher GDP growth rate has often been accompanied by a slowing job growth, a recent report says. The State of Working India 2018, a report by the Azim Premji University, would come as...
More »