-The Financial Express A whopping 60% Indians said that black money in the country has not died; in fact, its circulation is going to only increase before the 2019 General Elections, a survey by LocalCircles showed. Two years of demonetisation: Two years ago, when 125 crore Indians glued to their television screens desperately awaiting a surprise address by the Prime Minister of India, little did they know that he was going to...
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No 'less Cash' two years post note ban
-The Hindu Cash in circulation and ATM withdrawals have only increased, RBI data shows Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and ?500 currency notes would no longer be legal tender. These notes constituted over 86% of the currency in circulation, then. One of the objectives of demonetisation was to move to a...
More »Demonetisation: A circus, clowns and a silver bullet -James Wilson
-National Herald Two years after the disastrous demonetisation, the Prime Minister and his Finance Minister—even the fawning media— no longer speak of the ‘Demonetisation Dividend’. There has been none Two years back, on November 8, at around 8.30 pm, the Prime Minister of India, with his characteristic love for drama, unleashed on the country what he had then claimed was the one silver bullet which would eliminate the triple evils of...
More »With Prices Hitting Rock Bottom, Garlic Could Sway Polls in Rajasthan, MP -Kabir Agarwal
-TheWire.in Farmers are unhappy with the lack of adequate government support and are likely to make it difficult for the BJP to return to power, especially in Rajasthan. New Delhi: On October 25, while addressing a rally in Jhalawar, Rajasthan, Rahul Gandhi spoke about garlic prices hitting rock-bottom in the region. Prices had fallen to Rs 2 a kilogram, he said. In Madhya Pradesh too, Gandhi spoke about falling garlic prices. In...
More »PM-AASHA scheme falls flat; procurement backed by smart exports is need of the hour -Sanjay Kaul
-The Hindu Business Line A month into kharif arrivals, there has been no positive turn of events for farmers. Cereals, pulses and oilseeds are selling well below the Minimum Support Price (MSP) in mandis. The government seems to have failed them with the shoddily designed PM-AASHA scheme and its inadequate implementation till now. Immediate steps are required to prevent a recurrence of farmers’ anger spilling onto the streets. The umbrella policy Pradhan...
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