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New IIP series shows severe impact of demonetisation on manufacturing sector -Manas Chakravarty

-Livemint.com In the December-March of 2016-17 period, manufacturing growth was the lowest compared with the same period in the past five years, shows new IIP series The new Index of Industrial Production (IIP) series, with the base revised to 2011-12, tells us that, in the period December-March of 2016-17, manufacturing growth was the lowest compared with the same period in the past five years. This is very likely a result of the...

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India Exclusion Report 2016 paints a bleak picture of jobs, equality, agriculture

-MoneyControl.com Even as the Indian economy grew, the inequality between the rich and the poor too has widened with drastic fall in jobs and increase in number of landless farmers, the India Exclusion Report 2016 says. Even as the Indian economy grew, the inequality between the rich and the poor, too, has widened with a drastic fall in jobs and increase in number of landless farmers, says the India Exclusion Report...

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Look at the facts of demonetisation, not politics -Kaushik Basu

-The Indian Express Six months later, it is clear that it achieved next to nothing, and inflicted a large cost on the poor and the informal sector. It was six months ago, on November 8, that India hit the headlines the world over, with its sudden demonetisation. It was announced in the evening that, at the stroke of the midnight hour, all bank notes of Rs 500 and Rs 1,000 would cease...

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Demonetisation did not impede future black Money flows: UN report

-IANS As per the report, the disruption caused by demonetisation had ‘greater and longer-lasting’ impacts for lower-income individuals, households and businesses. The Indian government’s demonetisation measures did not impede future black Money flows in new denominations, a UN report said on Monday. According to UN Economic and Social Survey of Asia and the Pacific 2017, complementary measures to demonetisation would be required to target all forms of undeclared wealth and assets. “Broader structural reforms...

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Tricks of a trade -Divya Trivedi

-Frontline Cattle traders see a nexus between cow vigilantes and animal rights organisations in Delhi, where vigilantes unleashed violence in April. In the past year, 40,000 animals seized by them were not returned to the owners, and traders believe that they were sold. A PLANNED and brutal assault on cattle traders in Kalkaji in Delhi on April 22 by a mob of gau rakshaks (cow protectors) has brought to the fore...

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