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Paradise Papers: Seven Steps Modi Must Take Against Black money -Prashant Bhushan and Yogendra Yadav

-TheWire.in Given his government’s record of inaction, however, the latest disclosures are also likely to sink without a trace. The ‘Paradise Papers’ expose carried out by the Indian Express in collaboration with a German newspaper and the International Consortium of Journalists (ICIJ) once again reveals the extent of the Black money menace and the lack of political will to take it on. By now it is clear that the Narendra Modi government...

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80% of people against demonetisation: Survey -Ashlin Mathew

-National Herald Contrary to what PM Narendra Modi and his colleagues claim that the nation supported demonetisation, a new study has found that only 20% were in favour of the move or confused. The rest against it That demonetisation has been a disaster has been acknowledged by all, except by those walk through the corridors of power. But, now there is an additional set of statistics to back the sensible thought. According...

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Demonetisation ground report: Farmers in Maharashtra say Black money is back in circulation -Jayashree Bhosale

-The Economic Times Balasaheb Ghadge, who works as a clerk in the village panchayat in the tribal belt of Andar Maval in Maharashtra and also runs a small kirana store, was a staunch supporter of demonetisation when it was announced. A year on, he is worried that poor farmers continue to suffer from the government’s move. “At the national level, the decision must have yielded results, but for us, life has...

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Revolution that wasn't -Pratap Bhanu Mehta

-The Indian Express Demonetisation was part of a political imagination that is closer to a technocratic authoritarianism. Revolutions are often paradoxical things. In the minds of the revolutionary, they conjure up images of radical change. But reality is more recalcitrant. It makes a fool of the revolutionary, exacerbating those very things that the revolution seeks to change. Demonetisation has turned out to be no different. It was a populist measure, done in...

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A damaging and mindless act -Prabhat Patnaik

-The Hindu Business Line It was a gratuitous and direct assault on the informal sector by the state The retrospective defence being provided by the Government for its act of suddenly demonetising 86 per cent of the country’s currency is as mindless as the act itself. The main argument for demonetisation that was advanced a year ago was that ‘Black money’-holders would not dare to bring their demonetised currency to the banks;...

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