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How the Black Economy Grew in Post-Independence India -Arun Kumar

-Caravan Magazine Arun Kumar is an eminent economist who has been studying the black economy in India for close to four decades. His 1999 book The Black Economy in India is among the foremost accounts of the black-money problem in the country. In Understanding the Black Economy and Black Money in India: An Enquiry into Causes, Consequences and Remedies, released in February 2017, Kumar discusses the misconceptions around black money, the...

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What Do the Numbers Tells? An Analysis of Union Budget 2017-18 -CBGA

-Centre for Budget and Governance Accountability Budget 2017-18 is placed at an important juncture when there has been a thrust by the government for a digitised and a consequent cashless economy with the demonetisation of high value currency notes undertaken in November last year. A number of claims have been made in the budget speech by the Finance Minister regarding longer term benefits of this move for the Indian Economy. To...

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India in red zone on transparency list

-The Hindu The annual index of Transparency International issued on Wednesday for 2016 placed India with Brazil and China in the 40th position. A major international index of corruption and transparency has placed India on the watch list for its inability to curb mega corruption scandals and petty bribery. The annual index of Transparency International issued on Wednesday for 2016 placed India with Brazil and China in the 40th position. India’s condition...

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Congress got 83% of funds from unknown donors, BJP 65%

-The Times of India NEW DELHI: In the eleven years between 2004-05 and 2014-15, political parties of all colours, including ones which swore by transparency, got contributions worth more than $1 billion (Rs 6,800 crore) from unknown sources, a study by an independent think tank says. The historic financial `performance' of these parties which raked in more than Rs 11,000 crore in total income (this includes the Rs 6,800 crore) during this...

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Don't let studies delay projects: Environment minister to experts -Jay Mazoomdaar

-The Indian Express In its first two years, the Narendra Modi government cleared over 2,000 projects involving investment worth Rs 10 lakh crore. Don’t delay project clearances by repeatedly asking for different studies. That was Environment Minister Anil Madhav Dave’s message to non-official expert members of the ministry’s appraisal committees. He urged them to work hard to clear the bulk of pending processes over the next three months. Around 40 expert members...

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