-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...
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Child sexual abuse: CBI registers cases against 83 -Devesh K Pandey
-The Hindu Conducts searches in 14 States and Union Territories In a major crackdown on online sexual abuse of minors and circulation of child pornographic material, the CBI has registered 23 new cases against 83 accused persons. It also conducted searches across 14 States and Union Territories. The CBI has so far identified more than 50 groups, comprising over 5,000 offenders, who shared child sexual abuse material. Several of these groups had foreign...
More »India refutes allegations on ‘weakening’ Glasgow climate pact -Jacob Koshy and Suhasini Haidar
-The Hindu “Merely read out a ‘consensus’ statement on the final day of the COP conference’ Rebutting allegations that it had weakened the Glasgow climate pact by having the final text of the agreement read that coal would be “phased down” instead of “phased out,” Indian officials said it had merely read out a ‘consensus’ statement agreed to by all countries on the final day of the COP conference. India, the U.S., and...
More »NCR Air Pollution: Amid Ban on Construction, Workers' Body Moves SC for Ex-Gratia
-PTI/ TheWire.in The National Campaign Committee for Central Legislation on Construction Labour has called the blanket ban on construction 'irrational', adding that the ban ought to be limited to demolition and excavation. New Delhi: A construction workers’ body has moved the Supreme Court seeking ex-gratia relief schemes for daily workers who will suffer the loss of income due to the sudden complete ban on the sector’s activities imposed by NCR states to...
More »Five years of demonetisation: Black Money deals down 75-80%; sales outstrip new supply
-MoneyControl.com In post-DeMo Q4 2016-Q3 2021, sales of approximately 10.37 lakh units outstripped new launches that were at approximately 9.04 lakh units Cash transactions in the housing market have reduced by at least 75-80 percent since demonetisation five years ago. Buyers no longer buy homes to get rid of black money - they now buy them because they want to own homes. But the component is still finding its way into property...
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