-Scroll.in The government said it is still examining the reports submitted by a team of experts who had conducted studies to come up with a figure. The Finance Ministry on Friday said there is no official estimate of the amount of black money in the country or overseas. The government said it is still examining reports submitted by the National Institute of Public Finance and Policy, the National Council of Applied Economic...

-Scroll.in The author of a paper published by a research institute under the Ministry of Finance expands on its conclusions. The drying up of cash has thrown the lives of millions of Indians in disarray. But many facing hardship support the government’s move. In Barabanki, Uttar Pradesh, a farmer who did not have cash to buy seeds and fertilisers, said, “Now when rich people deposit money in the bank, the income tax people...

-The Telegraph New Delhi: A fisherman from Kerala today said the people's resignation in accepting the currency recall despite the distress was not a sign of support but a reflection of how difficult it was mobilise people strapped for cash. "This note-ban is an attack on people's movements," said T. Peter of the National Fishworkers' Forum at a public meeting on 'Does Demonetisation Tackle Black Money?' "People cannot even come out to protest...

-Deccan Chronicle Will be the first residential school in India Palakkad: A proposal to uplift transgenders through education is all set to be implemented in the state. Understanding the importance of education, Vijayarajamallika, an activist and a transgender herself, came forward with the proposal. The project aims to ensure school drop-outs continue their education and succeed in an examination that is equivalent to Class X. A total of ten students will be...

-Ideas for India In this article, Pronab Sen, Country Director for the India Central Programme of the International Growth Centre, argues that India’s recent demonetisation has penalised virtually the entire informal sector, and perhaps damaged it permanently. At the stroke of the midnight hour of 9 November 2016, India lost 86% of its monetary base. The media – print, electronic and social – has been fulsome in its praise of Prime Minister...