-The Economic Times MUMBAI: As India struggles with demonetization, individuals and businesses are using old currency notes to settle debts while income tax officials are at a loss how to go about imposing 200% penalty -- as announced by a senior finance ministry official -- on such funds flowing into banks. Firms are clearing dues to suppliers, depositing cash in bank accounts to repay old loans, and buying memberships of clubs, SPAs...
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Note demonetisation: What of the women who hide cash to feed their children or to escape abuse? -Nishita Jha
-Scroll.in A large section of women in India are out of the banking system, and the currency withdrawal has hit them hard. The helpline rang all day at the women’s crisis centre in Bhopal, Madhya Pradesh, on Wednesday. Counsellors took calls from women wondering what to do with their hard-earned savings after Prime Minister Narenda Modi in a surprise television address to the nation the night before had announced the demonetisation of...
More »Prabhat Patnaik, economist and professor emeritus at Jawaharlal Nehru University, interviewed by Jahnavi Sen
-TheWire.in In conversation with economist Prabhat Patnaik on the government’s decision to demonetise Rs 500 and Rs 1000 notes. On November 8, Prime Minister Narendra Modi addressed the nation at 8 pm and announced that Rs 500 and Rs 1000 notes would no longer be legal tender after midnight that night. This move was needed to tackle the “disease of black money,” he said. Since then, their have been numerous reports of how...
More »Right to clean air -Anurag Agrawal
-The Hindu As I write this column, my gaze is on the post-Deepavali haze that has enveloped Delhi. As a third-generation asthmatic, with a fourth-generation asthmatic daughter, it is set me wondering whether returning to Delhi, the city of my birth, from the United States a decade ago was a mistake. This haze is smog (smoke + fog), a hazardous mix of noxious gases and very high levels of suspended respirable...
More »What SC says: No automatic right to shoot -R Balaji
-The Telegraph New Delhi: The Supreme Court had recently said security forces had no inherent right to shoot people, which suggests that yesterday's killing of the eight Simi operatives by Madhya Pradesh police went against that ruling. The court had held that even if a person was seen carrying weapons in a "disturbed" area, it did not automatically give the security forces the right to shoot him. Even the army had no blanket...
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