-CounterCurrents.org While much has been written and said about the demonetisation move by the government, the question of its legality has received scant attention. The issue however is not the desirability or the economic viability of the decision and the undoubted public and national interest it serves. The goal of eliminating black money from circulation is undoubtedly in public interest. While I unambiguously support the policy of removing black—untaxed—money from the...
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Expect your household budget to shoot up: Going cashless comes at a cost -Tinesh Bhasin & Priya Nair
-Business Standard When you start using digital payment options, your household budget is likely to shoot up The government’s demonetisation drive has caused a cash crunch, forcing people to look at plastic money and other forms of digital payments. But, for a society accustomed to physical notes, the transition to cashless comes at a cost. Many households are likely to see their budgets shoot up as they pay more at merchant establishments...
More »Getting real on climate
-The Hindu The UN conference on climate change held in Marrakech, with an emphasis on raising the commitment of all countries to reduce greenhouse gas (GHG) emissions, is particularly significant as it provided an opportunity to communicate concerns about the future climate policy of the U.S. It would be untenable for the U.S., with a quarter of all cumulative fossil fuel emissions, to renege on its promise to assist vulnerable and...
More »Maharashtra tops list of internet subscribers in India
-PTI Tamil Nadu has the highest number of urban subscribers at 21.16 million New Delhi: Maharashtra has the highest number of internet subscribers in the country at 29.47 million, followed by States like Tamil Nadu, Andhra Pradesh and Karnataka. According to government data, India had a total of 342.65 million internet subscribers at the end of March, 2016. Tamil Nadu had 28.01 million subscribers, while its neighbours Andhra Pradesh and Karnataka had 24.87...
More »Demonetisation: Centre sends teams to study impact -B Muralidhar Reddy
-The Hindu The decision is intended to convey that there is no going back on Narendra Modi’s announcement. New Delhi: Having resolved to stay the course and see through the implementation of the Prime Minister’s decision on withdrawal of 500- and 1000-rupee notes from circulation, the Union Government late on Friday night announced that a team of officials from the centre was being rushed to different States for a spot assessment of...
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