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Prabhat Patnaik, economist and professor emeritus at Jawaharlal Nehru University, interviewed by Jahnavi Sen

-TheWire.in In conversation with economist Prabhat Patnaik on the government’s decision to demonetise Rs 500 and Rs 1000 notes. On November 8, Prime Minister Narendra Modi addressed the nation at 8 pm and announced that Rs 500 and Rs 1000 notes would no longer be legal tender after midnight that night. This move was needed to tackle the “disease of black money,” he said. Since then, their have been numerous reports of how...

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Rs 500 and Rs 1,000 ban: Narendra Modi govt has created 50-day hawala window for old notes -Narayanan Madhavan

-Firstpost.com Think of it as a 50-over one-day cricket match, with each day equivalent to an over. The  game has just begun. The government of India, popularly known as Modi sarkar, has just created a 50-day hawala window for those with black money – albeit in a loose sense. The term hawala is usually used for illegal trade in foreign exchange going back to the times before 1993 when India had tight...

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Show me the money -Ila Patnaik

-The Indian Express Ban on Rs 500, Rs 1000 notes deals with stocks of black money. But push to a cashless economy is premature. The sudden and dramatic announcement by the prime minister banning Rs 500 and Rs 1,000 notes issued by the Reserve Bank of India has a number of objectives. Among them are tackling counterfeit notes, curbing black money and restricting finance for subversive activities. While progress will be made by...

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To breathe fresh air, opt for better agricultural technology

Delhi's air is not fit to inhale. Experts argue that prolonged exposure to toxic air could lead to serious health hazards like heart and lung diseases, various types of cancer etc. But is it the case that the smog, which engulfed the entire National Capital Region (NCR) and many of the north Indian cities during October-November was entirely caused due to burning of firecrackers in Diwali or because of vehicular...

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Supreme Court to hear petitions on Delhi pollution crisis tomorrow -Bhadra Sinha

-Hindustan Times New Delhi: The Supreme Court will hear on Tuesday petitions on the air pollution crisis in Delhi amid mounting concern over a thick blanket of haze enveloping the city for a week. The top court asked the advocates of the central and state government to be present when the public interest litigations are heard on Tuesday. The court’s decision comes on a day the Centre and city lieutenant governor have called...

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