The increase in the total number of suicides committed in India during 2020 in comparison to the previous years has hit the headlines recently. While some media commentators have stated that the economic distress (caused by job loss, income loss, failure of business, and growing hunger, among other things) in 2020 could have led to more suicides being committed, others have said that home isolation and deteriorating mental health (associated...
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Colossal notes ban failure buried in silence -TM Thomas Isaac
-The New Indian Express Having brought this economic disaster on the country, there was not a single statement of regret, introspection or even justification from the powers that be Demonetisation will go down in Indian economic history as one of the greatest policy blunders. In the two quarters prior to the ban on high denomination rupee notes, the Indian economy had registered around 9% growth. Since then, the growth steadily decelerated and...
More »Yet Another Young RTI Activist Brutally Murdered; A Price for Truth? -Vinita Deshmukh
-MoneyLife.in Barely two months back, Right to Information (RTI) activist Bipin Agarwal, a resident of Motihari town of Bihar, was shot dead on 24 September 2021 in broad daylight on a busy road by two assailants astride a motorcycle. Last week, a young RTI activist, Avinash Jha, all of 23 years old, was brutally killed in Benipatti town of Madhubani district in Bihar. His half-burnt body was found on the side...
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...
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...
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