-Hindustan Times New Delhi: The demonetisation of Rs 500 and Rs 1,000 banknotes is unlikely to help the government suck out black money from the economy as hoarders keep a tiny portion of their ill-gotten wealth in hard cash, going by income-tax data. Cash recovery has been less than 6% of the undisclosed income seized from tax evaders, shows an HT analysis of data from tax raids from financial year 2012-13 onwards. In...
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In one stroke, demonetisation has shaken the trust our monetary system is based on -Devangshu Datta
-Scroll.in Even the long-term benefits of the move seem to be outweighed by the heavy costs and disruption it would cause, particularly for the lower income groups. The demonetisation of Rs 500 and Rs 1,000 currency notes came as a surprise to almost everyone. The details of re-monetisation are still to become entirely clear. What follows is a set of personal opinions of likely outcomes arising from this move to demonetise. Each...
More »From plate to plough: A clear trend towards non-vegetarianism in India -Ashok Gulati & Smriti Verma
-The Indian Express But per capita meat consumption remains relatively low. This has implications for nutritional and food security. In the eyes of the world, India is seen as a vegetarian country. Presumably, this impression has been created by our best brand ambassadors from political, spiritual and yoga circles. Prime Minister Narendra Modi is a strict vegetarian. The popular yoga guru, Baba Ramdev, and many other Hindu religious leaders too, are vegetarians...
More »India at bottom of hunger pile
-The Telegraph New Delhi: An analysis of hunger levels worldwide released today has ranked India 97 among 118 countries with one in three children in the country facing stunted growth and 15 per cent of the population undernourished from lack of food. The Global Hunger Index 2016, an assessment by the International Food Policy Research Institute (IFPRI), has placed India behind Bangladesh, Nigeria and Rwanda and just ahead of North Korea in...
More »Gujarat's 'uncles' and their employment exchanges -Rutam Vora
-The Hindu Business Line Despite a recent crackdown, employers continue to wield power in the child labour racket Rajan (name changed) is nowhere to be seen. About a month ago, the 12-year-old and his younger brother Yash (name changed) were working at a roadside tea stall located on one of the busiest roads in the financial capital of Gujarat. The tea stall, as claimed by the boy, was owned by his 'uncle'...
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