-The Indian Express Delhi has become world’s air pollution outcaste. Its decision-makers haven’t understood the consequences. The first thing that the Central and Delhi governments should own up to regarding the air pollution crisis is that everyone was forewarned and cannot pretend to be taken unawares. This “winter of our discontent” is the season when, as temperatures dip, pollutants hover around the surface of the city and do not waft upwards. Things...
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Where Do Nepal and Bhutan Stand One Year After Demonetisation? -Devirupa Mitra
-TheWire.in While Nepal is still awaiting a way to return the banned notes, Bhutan has curbed the use of the new high-denomination notes. New Delhi: When Prime Minister Narendra Modi announced that India would demonetise over 80% of its bank notes on November 8, 2016, two neighbouring nations were also taken by surprise. Nepal and Bhutan both have significant reserves and usage of Indian currency, with the latter giving it the status of...
More »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...
More »Demonetisation anniversary: Why less cash in itself may not necessarily mean less black money -Sunny Verma
-The Indian Express It can also mean other things such as currency shortage, transaction mode shift. The government has presented a lower cash-to-GDP ratio as a key achievement of demonetisation, and a measure of black money being checked. Economists, however, caution against reading this metric in isolation. Prime Minister Narendra Modi said last month that the cash-to-GDP ratio is down to 9% after demonetisation, from over 12% earlier. “Was it possible if a...
More »Demolition, by Manmohan -Sanjay K Jha
-The Telegraph New Delhi: Manmohan Singh, once nicknamed Maunmohan by Narendra Modi, has delivered the most comprehensive and stringent critique yet of the Prime Minister and his governance, declaring failure with "both the head and the heart". Citing statistics but taking care to throw in personal elements and a historical perspective in the run-up to the demonetisation anniversary, the former Prime Minister strafed his successor from multiple flanks. But the economist kept the...
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