demonetisation

Demonetisation: Assessment Of Its Impact

Three years after demonetisation was launched by Prime Minister Narendra Modi, on November 8, 2016, people still remember it as the beginning of a very difficult period. Many have come to accept what I have been saying that the economic downturn in India began then and now the official rate of growth has come down to below five per cent.[Read More...]

Congress Alleges BJP of Huge Corruption During Demonetisation

Just days before the national elections opposition Congress party released tapes of a sting operation which reveales that the ruling BJP and its president Amit Shah played major role in helping corporates and politicians to exchange the devalued notes. According to Congress spoke person Kapil Sibal three series of notes worth 3 Lakh Crores were printed abroad and brought to[Read More...]

Demonetization And Its After Effects

            The Government of India celebrated the 1st year of demonetization. Opposition of the Government observed “Kala Dibas”.  Demonetization was a foul programme. However, initially,  people in Bottom of Pyramid were very happy, and they thought that it was good step. They believed that rich people would become poor and they would get monetary rewards from the Government in their[Read More...]

Donkey, Akhilesh, Ramayana And Authoritarian Heritage

  Woke up with Anxiety Dreams, ‘acute pain in my bones’ transformed into Chilling     Mirror Images, of Frightening Triple Headed Monstrous Donkey, ‘Sickening cry with ears like errant wings’. Shoulders fused in to single stomach, Posterior legs kicking in Hatred and loyalty display. I cried out at my painful Metamorphosis Into strange animal, Spewing Saffron Poison. But my broken back[Read More...]

A Well-Kept Open Secret: Washington Is Behind India’s Brutal Experiment Of Abolishing Most Cash

In early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. That is surprising, as Washington’s role has been disguised only very superficially.

Demonetisation, One Year After: Towards A Synoptic View

Prefatory Note Demonetisation is, beyond doubt, the most talked of action taken by the incumbent NarendraModi regime, as yet, which came to be in place in May 20141, just over three and a half years back replacing the UPA regime, with the Congress at the head, soundly defeating it in the national poll held a while earlier.2, 3, 4 One[Read More...]

India’s Tryst With Iconic Dates: Nothing Much To Rejoice About

When it comes to disasters, it is as if India’s tryst with ‘iconic’ dates continues unhindered. Although not warranting any commemorative celebrations, the onset of these dates year after year has not been without their share of apprehensions. Human psyche is such that it has a proclivity for registering debacles more consistently than achievements. Although our country does not fall[Read More...]

Three Questions Of Dr. Manmohan Singh Which PM Modi Should Answer

 Former Prime Minister Manmohan Singh has delivered a speech in Ahmadabad not as a political leader but as an economist and citizen of India where he has put some important analyses on demonetization and GST. It is a general perception among the vast section of the people who work hard on streets and mainly belong to unorganized sector and small[Read More...]