-IANS As per the report, the disruption caused by demonetisation had ‘greater and longer-lasting’ impacts for lower-income individuals, households and businesses. The Indian government’s demonetisation measures did not impede future black money flows in new denominations, a UN report said on Monday. According to UN Economic and Social Survey of Asia and the Pacific 2017, complementary measures to demonetisation would be required to target all forms of undeclared wealth and assets. “Broader structural reforms...
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UNESCAP: Note ban effect 'transient'; India to grow 7.1% in 2017 -Surabhi Prasad
-The Hindu Business Line Sees enhanced infra spending, higher consumption New Delhi: While noting that demonetisation of high value currency by the government last year will help bring in more taxpayers into the tax net, the United Nations ESCAP in a new report has said that more measures will be required to fight black money in the future. “The measure did not, by itself, impede future black money flows in new denominations. …...
More »Tribals want govt to scrap 1979 order denying sterilisation access -Dipankar Ghose
-The Indian Express Baigas in court against order issued by govt of undivided MP Achanakmar: “THAK GAYI (I am tired),” says Ranichand Baiga, 26. She was married at 15, and in a tribe where non-surgical contraceptives are still unheard of, has since had eight children. Two, she says, died of illness. On her arm, outside her one-room home in the core zone of the Achanakmar Tiger Reserve, is her youngest son, Surya,...
More »Par panel to summon RBI Governor Urjit Patel again on April 20
-PTI Besides Patel, Economic Affairs Secretary Sashikanta Das and Financial Services Secretary Anjuly Chib Duggal are also being asked to appear before the Committee. A Parliamentary panel has decided to summon Reserve Bank Governor Urjit Patel again to explain how much of the junked currency has been deposited in banks post note ban and the progress made in remonetisation. The meeting of the Standing Committees on Finance, headed by former cabinet minister M...
More »GDP conundrum -V Sridhar
-Frontline.in Recently released data from the CSO, which claimed that demonetisation had had no significant impact on the performance of the economy, raise more questions than provide answers. Official data released by the Central Statistical Organisation (CSO) on the last day of February, which claimed that the national gross domestic product (GDP) rose by 7 per cent in the October-December period, the third quarter of 2016-17, came as a morale booster...
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