-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...
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How GST and demonetisation impacted govt finances -Tadit Kundu
-Livemint.com Tax collections from goods and services tax (GST) have been underwhelming, and the government is set to miss this year’s fiscal deficit target Mumbai: Widening the tax base and collecting more taxes has been a PRIority for the current government at the centre. This government’s two major economic disruptions—the introduction of goods and services tax (GST) and demonetisation—were justified in the name of raising tax compliance among other things. However, these...
More »Three schools from Delhi have made it to the nationwide list of top 12 government schools -Janane Venkatraman
-The Hindu One student is making a drone, another a dancing robot. Scenes from two government schools in Delhi The walls of the entryway of the school are covered with bright charts that talk about everything from sustainable development and ‘Swachh Bharat’ to ‘happiness goals’ and exam schedules. The cream-coloured floor gleams and the sun peeps out from the clouds behind the rows of students — dupattas pinned, shirts tucked in, not...
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 »Missing the wood for the trees -Prabhat Patnaik
-The Indian Express Debate around RBI-government stand-off ignores the structural cause behind India’s economic woes: Interest rates as an instrument cannot achieve multiple, contradictory goals. The stand-off between the Narendra Modi government and the Reserve Bank of India has generated a false discourse on the one hand and an illusion on the other. In this discourse, the RBI’s position, articulated by its deputy governor, is that central bank policy has to be...
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