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Is Rajasthan's Sikar the New Mandsaur? Entire Town Rises to Support Farmer Agitation -Tushar Dhara

-News18.com Nearly every section that constitutes the socio-political economy of Sikar district has turned up to lend support to the farmers' protest, be it students, anganwadi workers, the city bus union, the autorickshaw union, the small traders association or the pump set workers. Sikar: Something unusual is happening in Sikar. For the past 10 days, an agitation is being held at the farmer mandi of the district headquarters here. But what is...

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Revisiting demonestisation: 'If the notes have come back, why not the lost jobs?' -Abhishek Dey

-Scroll.in In Delhi’s largest industrial area, many are still struggling to find work. “If 99% of the demonetised currency has returned [to the banking system], then why haven’t the jobs that demonetisation took away from us come back too?” asked Bajrang Yadav, 45, standing in a waterlogged lane outside his home in a slum cluster in West Delhi’s Mayapuri area last Sunday. Yadav was referring to the Reserve Bank of India’s annual report...

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DeMo was ethically flawed -A Srinivas & Sandhya Rao

-The Hindu Business Line The possible gain arising out of tax compliance has come at too high a human cost ‘There are three kinds of lies: lies, damned lies, and statistics.’ – Benjamin Disraeli After the RBI’s latest revelations — of 99 per cent of the extinguished currency having returned to the banks — media pundits and economists have wasted no time in saying that efforts to obliterate black money have failed. However,...

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Demonetisation is a Clear Case of How Public Policy Should Not be Made -Arun Kumar

-TheWire.in Demonetisation as a means of tackling the black economy was destined to fail. What’s worse is that its ripple effects are having severe adverse effects on India’s economy. That 99% of the currency demonetised found its way back to the RBI has been known for some time. The surprise is why it took so long for the announcement to be made. An article in the Economic and Political Weekly in June...

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Downturn in India's growth 'very worrying': Kaushik Basu

-PTI Washington: Basu said from 2003 to 2011, India was growing typically over 8 per cent per annum. The year of global crisis, 2008, it dropped briefly to 6.8 per cent, but over 8 per cent growth had become the new norm for India. The downturn in India’s growth is “very worrying”, World Bank’s former chief economist Kaushik Basu said, underscoring that this is the “hefty price” the country had to pay...

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