-Caravan Magazine On 8 November 2016, Prime Minister Narendra Modi made an announcement declaring that notes of Rs 500 and Rs 1,000 would not be legal tender as a part of his government’s policy to clamp down on counterfeiting and black money. It has been widely reported that this policy would directly impact the real-estate sector, which typically witnesses a significant amount of transactions that are made through cash to avoid...
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English-medium fallacy exposed -Basant Kumar Mohanty
-The Telegraph New Delhi: Studying in an English-medium school does not automatically make your child proficient in English, a comparison of two nationwide surveys on school enrolment trends and performance in English suggests. One in three schoolchildren goes to English-medium schools in Himachal Pradesh while one in 30 does so in Bengal, according to a survey by the National University of Educational Planning and Administration (NUEPA). But Class X students in Bengal, sampled...
More »India's Legal Reforms Process Facing Multiple Crises -Saurav Datta
-TheWire.in A report by the Vidhi Centre for Legal Policy found that on an average, a law took 261 days to come into force and 14% of laws took a WHOpping 1000 days to become implementable. The term ‘legal reform’ has caught the imagination of policymakers, the judiciary and the general public, taking everyone by storm. Suddenly, everybody is clamouring to usher in new laws and weed out redundant ones. The government...
More »Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi
-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
More »Will note ban dry up informal loans in rural India? -Sayantan Bera
-Livemint.com Nearly 40% of loans taken by agricultural households come from informal sources, shows data New Delhi: Demonetisation of high value currency has impacted the rural and agriculture sectors in several ways. In the days following Prime Minister Narendra Modi announcing withdrawal of Rs500 and Rs1,000 notes, trade in WHOlesale markets took a hit due to the acute cash crunch and farmers resorted to distress sales of perishables like fruits and vegetables....
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