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Demonetisation could take away 400,000 jobs;e-com to be worst hit -Himani Chandna

-Hindustan Times With demonetisation set to reduce India’s economic growth by 1% over the next one year, the job market is likely to see over 400,000 job cuts. You should worry if you work in the e-commerce sector, since firms could handover around 200,000 pink slips in the next one year. “Cash on delivery being almost 70% of the overall e-commerce business, the sector is likely to take a hit and lose...

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Demonetisation and the economy: Signs of distress everywhere -Ankur Bhardwaj

-Business Standard Indian economy is showing signs of distress all around and economists are not off the mark in their assessment When Prime Minister Narendra Modi addressed the nation on November 8 and announced his government’s big move to tackle black money, currency counterfeiting and terror funding by banning old currency notes of Rs 500 & Rs 1,000, there were murmurs of protest. Since then, economists like Amartya Sen, Kaushik Basu and many...

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Prabhat Patnaik, economist and professor emeritus at Jawaharlal Nehru University, interviewed by Jahnavi Sen

-TheWire.in In conversation with economist Prabhat Patnaik on the government’s decision to demonetise Rs 500 and Rs 1000 notes. On November 8, Prime Minister Narendra Modi addressed the nation at 8 pm and announced that Rs 500 and Rs 1000 notes would no longer be legal tender after midnight that night. This move was needed to tackle the “disease of black money,” he said. Since then, their have been numerous reports of how...

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#UP: Elephant too tweets, short and steady -Anuradha Raman

-The Hindu A committed team of Dalit activists and academicians are working to establish a presence on social media New Delhi: Long time social media refusenik, the Bahujan Samaj Party, is embracing Twitter and facebook ahead of the 2017 UP Assembly elections but with a difference. By focussing on issues the party supremo Mayawati has been lampooned for, concerted efforts are being made by academics from Jawaharlal Nehru University (JNU) with help...

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Hoaxers in Kerala hatch 'toxic Chinese egg' scare -S Anandan

-The Hindu Fears of plastic in eggs dispelled by laboratories in the State, but BJP wants samples tested at Central units Kochi: It has been a great egg scare in Kerala after hoaxers floated the theory that eggs sold in supermarkets in the State were not natural and actually came from Chinese factories full of toxins and plastic. The ‘Chinese eggs’ scare gained ground over the past few days after Malayalam media in...

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