-TheWire.in The spectacle of ‘fixing’ India’s illegal economy is not only harming common citizens but also turning small investors away from financial markets. Depending on who is talking, the demonetisation of higher value currency notes by Prime Minister Narendra Modi’s government has either been described by commentators as a ‘bold move’, ‘landmark policy’, ‘game-changer’ and even a ‘political masterstroke’ or has been labelled the single most high-risk political gamble undertaken since the...
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Motive behind demonetisation is justifiable but there may be collateral damage
There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded. Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...
More »In one stroke, demonetisation has shaken the trust our monetary system is based on -Devangshu Datta
-Scroll.in Even the long-term benefits of the move seem to be outweighed by the heavy costs and disruption it would cause, particularly for the lower income groups. The demonetisation of Rs 500 and Rs 1,000 currency notes came as a surprise to almost everyone. The details of re-monetisation are still to become entirely clear. What follows is a set of personal opinions of likely outcomes arising from this move to demonetise. Each...
More »Worsening pollution: Delhi schools to remain shut for 3 days
-PTI New Delhi: As pollution levels worsened in Delhi, Chief Minister Arvind Kejriwal today said schools in the city will remain closed till Wednesday and announced a raft of “emergency” measures to deal with the situation including ban on construction and demolition activities for the next five days and temporary closure of the Badarpur Power Plant. Emerging from an emergency cabinet meet, Kejriwal said the government will discuss with the Centre the...
More »#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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