Former Union Finance Minister Yashwant Sinha on Monday said demonetisation has “failed comprehensively”, as he compared Prime Minister Narendra Modi to 14th century Delhi Sultanate
Category: Demonetization
One common thing Moody’s, S&P and Fitch say about Modi’s demonetisation – The Financial Express–15.03.2018
With a lot being said about Narendra Modi-led government’s note-ban in 2016, demonetisation is again in the news as global rating agency Fitch has pegged
Arun Kumar’s book “Demonetisation and Black Economy” talks about the futility of such the exercise, which brought no gain, but caused massive pain–The Print–12.03.2018
Arun Kumar’s book “Demonetisation and Black Economy” talks about the futility of such an exercise which brought no gains but caused massive pains. “We have
Cash signals: Trend reversion questions formalisation of the economy after DeMo and GST – The Financial Express–07.03.2018—–*****
A complete parallel economy now perhaps operates off the radar and in cash; one counterpart of this may be the believed underreporting of transactions under
Narendra Modi | Demonetisation: Currency in circulation almost at pre-demonetisation levels–Economic Times–04.03.2018
Currency in circulation is almost at pre-demonentisation levels at 99.17 percent. It has taken fifteen months for the currency in ciruclation to get back to
Finance ministry puts out list of 9,500 ‘high risk’ finance companies | India News – Times of India–26.02.2018
Highlights Companies categorised ‘high risk’ found non-compliant to the Prevention of Money Laundering Act rules as on January 31 Many of these NBFCs were found
Facing the slowdown | The Indian Express–C Marks –World Bank –30.01.2018-1
The big worry for India has to do with jobs and inequality. The Indian government recently lowered its economic growth forecast for 2017-18 to 6.5
India’s growth slowdown mostly due to demonetisation: Raghuram Rajan at WEF | Business Standard News–25.01.2018
Former RBI Governor Raghuram Rajan feels a substantial part of the growth slowdown in India was because of the after-effects of the demonetisation decision of
Budget 2018: Arvind Virmani explains impact of Demonetisation, GST on Indian economy–24.01.2018
Arvind Virmani, former Chief Economic Advisor explains the impact of demonetisation and GST roll-out on Indian economy and when he thinks India will regain its
‘Growth has dipped below the 30-year average’ – The Hindu–Mr. Kaushik Basu–former CEA–24.01.2018—–*****
The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning
No proof required: A direct outcome of demonetisation is a sharp increase in FY18 in tax buoyancy – The Financial Express–Mr. Surjeet Bhalla–18.01.2018
One strong argument against the policy of demonetisation is that it has failed to achieve its goal of catching black money—and it has brought about
Demonetisation, GST effects: GDP growth seen at 4-year low of 6.5% | Business Standard News–06.01.2018—–*****
Economic growth in 2017-18 is estimated to slow to a four-year low of 6.5 per cent, against 7.1 per cent in 2016-17. This will be
Niti Aayog: GST regime to stabilise in next 18 months: Niti Aayog Vice Chairman Rajiv Kumar – The Economic Times–23.12.2017
The Goods and Services Tax (GST) regime would get stabilised in the next 18 months, Niti Aayog Vice Chairman Rajiv Kumar said today. “Give us
Not a single macro economist thinks note ban was a good idea: Gita Gopinath | Business Standard News–22.12.2017
Demonetisation was not a good idea and the time should have been utilised instead to fine-tune the goods and services tax (GST) before it was
Farm loan waiver gets thumbs-down from former RBI governors YV Reddy, C Rangarajan – The Financial Express–12.12.2017
With the farm loan waiver pitch getting shriller by the day, former RBI governor Y V Reddy today said the practice is not good for
YV Reddy: Ex-RBI Governor YV Reddy sees GST, note-bank shocks lasting for two more years – The Economic Times–11.12.2017
Refusing to hazard a guess on GDP growth in the short-term given the “shocks” like GST, note-ban and the mountain of bad loans, former Reserve
Modi government’s split personality | Business Standard Column–09.12.2017
As befits an ageing journalist, I usually have an explanation for everything. But one aspect of the Modi government has completely flummoxed me. This is
Demand-supply shock debate divides economists | Business Standard News–04.12.2017–????
Economic activity was disrupted in the past year due to demonetisation and the goods and services tax (GST). But the jury is still out on
‘Demonetisation cost us Rs 1.5 lakh crore in economy’: Manmohan Singh hits out at PM Narendra Modi’s historic step – The Financial Express–03.12.2017
Former Prime Minister Manmohan Singh while delivering a speech in Gujarat’s Surat on Saturday hit out at the National Democratic Alliance’s (NDA) decision last year
Early to conclude economic recovery from note ban, GST impact, says Manmohan Singh – The Financial Express–03.12.2017
Former Prime Minister Manmohan Singh today welcomed the uptick in the Q2 GDP growth at 6.3 per cent but cautioned that it is too early
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