-Scroll.in The policy, which wreaked havoc on the lives of the poor, mistakenly conflated cash with black money. Was demonetisation a good idea, badly implemented? I have heard this from the supporters of the regime but, to my surprise, even friends who are otherwise critical believe this to be true. The government’s stated aim for denotifying high-value currency notes with a four-hour deadline on November 8, 2016, was to land a body blow...
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Explained: Where does India stand on methane emissions? -Jacob Koshy
-The Hindu * Why has it stayed away from both the methane pledge and the forest conservation declaration at Glasgow? The story so far: At the ongoing UN Climate Change Conference (the 26th Conference of Parties-COP26) in Glasgow, the United States and the European Union have jointly pledged to cut emissions of the greenhouse gas methane by 2030. They plan to cut down emissions by 30% compared with the 2020 levels. At...
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 »October saw highest power shortage in over 5 years -Vignesh Radhakrishnan
-The Hindu Coal stock crunch at thermal plants India recorded a power supply shortage of 1,201 million units in October 2021 — the highest in 5.5 years — due to a crunch in coal stocks available with thermal plants. The shortage was mostly restricted to Gujarat, Haryana, Jharkhand, Punjab and Rajasthan. In October, Gujarat recorded a power shortage of 215 million units, the highest for any month in more than a decade. With a...
More »Charting a trade route after the MC12 -Biswajit Dhar
-The Hindu An upbeat global trade scenario provides an ideal setting for Trade Ministers to correct iniquitous rules and provisions The World Trade Organization (WTO)’s 12th Ministerial Conference (MC12) is being convened in Geneva, Switzerland at the end of this month, a year-and-a-half after it was scheduled to be held in Kazakhstan (June 2020, but postponed due to the novel coronavirus pandemic). The MC12 is being held at an important juncture when...
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