-Hindustan Times New Delhi: The Bahujan Samaj Party (BSP) made the highest cash deposit among political parties during 50 days of demonetisation, reveals Data analysis by the Financial Intelligence Unit (FIU) and the Income Tax department (I-T). The top 15 national and regional political parties deposited Rs 167 crore during demonetisation, Data accessed by HT has revealed. Besides Rs 104 crore cash deposit by the BSP, other 14 parties have put Rs...
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Where are we, three months after Modi's demonetisation move? -Roshan Kishore
-Livemint.com Windfall gains and remonetisation claims are still uncertain, but the Indian economy has suffered a short-term pain for sure On 8 November, 2016 Prime Minister Narendra Modi announced the scrapping of Rs 500 and Rs1,000 notes, which constituted 86% of the currency in circulation. Exactly three months later, where does the Indian economy stand today? In an interview to Mint after the Union budget, economic affairs secretary Shaktikanta Das claimed that...
More »Unemployment has risen sharply among SCs & STs in last 6 years
Amidst concerns over budgetary cuts in social sector spending, a recent statement from Shri Rao Inderjit Singh, Minister of State for Planning reveals that unemployment rate has risen much sharper among the Scheduled Castes (SCs) and Scheduled Tribes (STs) vis-à-vis the overall population. Replying to a starred question by Shri PL Punia regarding Human Development Index (HDI) of SCs and STs, the Minister of State for Planning said on 6 February,...
More »Salt to the wound -Prabhat Patnaik
-The Indian Express Government could have undone the damage of demonetisation through the budget. The opportunity has been missed in deference to the whims of global finance. Since 97 per cent of the value of demonetised currency has returned to the banks, causing, contrary to the government’s expectations, very little extinction of currency, it is obvious that demonetisation has totally failed to achieve its purported objective of denting the black economy. It...
More »Real or nominal? Which farm income will Modi double in 5 years? -Rajalakshmi Nirmal
-The Hindu Business Line Nominal income already doubles every 6 years; real income will take 16 years Nearly a year ago, Prime Minister Narendra Modi unveiled his dream of doubling farmers’ incomes by 2022. But how viable is this promise? For one, there is ambiguity on the number the Centre is targeting. Data on farm income is not released at regular intervals. A survey of the National Sample Survey Organisation comes once in...
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