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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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Understanding the NCRB data on suicides with caution

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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Explained: Internet access surges during pandemic -Priscilla Jebaraj

-The Hindu But remote work, education, and healthcare still not equally available to all, says survey The story so far: Internet connectivity has shot up over the last year, with most new users attributing their new connections to the COVID-19 pandemic and shutdowns. However, a new nationwide survey found that remote work, education, and healthcare are still not equally available to all, even among those with digital access. How was the study designed? LIRNEasia,...

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Pronab Sen, Programme Director for the IGC India Programme and first Chief Statistician of India, interviewed by Vikas Dhoot (The Hindu)

-The Hindu The ill-prepared move left India with all the damages and very few of the benefits On November 8, 2016, Prime Minister Narendra Modi announced that from midnight, ₹500 and ₹1,000 notes would no longer be considered legal tender in India. The government’s stated aim was to curb corruption and the pervasion of black money in the economy, as well as the proliferation of fake currency which was also being used...

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Deep Rot Within Facebook/Meta: What can be Done? -Paranjoy Guha Thakurta

-Newsclick.in Can legal and regulatory action be taken against Facebook for actively abetting the spread of communal hatred? While a precedent exists in the US, carrying out the same in India will prove a challenge. So, what’s new about whistleblower Frances Haugen’s revelations about how the top brass of the now-renamed Facebook turned a blind eye to the proliferation of incendiary, hateful and false information on its social media platform, how the...

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