-Scroll.in In December 2016, the court had said the cases would be referred to a five-judge bench It took less than 24 hours for the first set of petitions to be filed against the Modi government’s demonetisation decision. Eight weeks later, at least 41 petitions had Been filed in courts across the country. But five years later, nothing has happened in the petitions. Even the Supreme Court bench that was supposed to hear...
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Pronab Sen, Programme Director for the IGC India Programme and first Chief Statistician of India, interviewed by Vikas Dhoot (The Hindu)
-The Hindu The ill-prepared move left India with all the damages and very few of the benefits On November 8, 2016, Prime Minister Narendra Modi announced that from midnight, ₹500 and ₹1,000 notes would no longer be considered legal tender in India. The government’s stated aim was to curb corruption and the pervasion of black money in the economy, as well as the proliferation of fake currency which was also being used...
More »Rs.2 Lakh For Every Protester Arrested In Delhi Tractor Rally: Punjab -Mohammed Ghazali
-NDTV.com Farmers especially from Punjab and Haryana have Been camping around Delhi for a year in protest against three new farm laws Chandigarh: The Punjab government has announced financial help for 83 people arrested in Delhi after violence broke out during a farmers' tractor rally on Republic Day this January. The move is likely to spark a controversy and set up Punjab's Congress government and the centre for a new battle. Farmers especially...
More »India's retail inflation rate rises marginally to 4.48% in October
-MoneyControl.com The CPI-based inflation in September 2021 was at 4.35 percent and in October 2020 it was 7.61 percent. India’s retail inflation rate, which is measured by the Consumer Price Index (CPI), rose to 4.48 percent in the month of October 2021, data released by the Ministry of Statistics and Programme Implementation (MoSPI) revealed on November 12. There was a marginal increase in retail inflation in October due to an uptick in food...
More »Demonetisation one of independent India’s most devastating measure that left a permanent scar on the economy -Prabhat Patnaik
-National Herald The combination of ignorance, arrogance and the desire for “shock and awe” on the part of Modi government can be quite lethal, as the Indian people have learned to their great cost In the entire history of post-independence India, no single economic measure has Been as devastating for the people and as utterly futile in achieving its stated objectives, as the demonetisation of currency notes of Rs 500 and Rs...
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