In this in-depth analysis of the entire Demonetisation process in the context of the 4:1 Supreme Court verdict delivered on January 02, 2023, points out that the extensive damages caused by the 2016 measure...
RBI is the regulator and supervisor of the monetary system. Its objectives are, to maintain public confidence in the system, protect depositors’ interests and provide cost-effective banking services to the public. Its roles are...
Contrary to the claims of the Finance Minister, India is in recession. Even the RBI agrees. Inequality is on the rise. From jobless growth, we are in 'job loss' growth. Study after study confirms...
नोटबंदी की बात करने से केंद्र सरकार हमेशा कतराती रही है। लेकिन पिछले हफ्ते जब सुप्रीम कोर्ट ने नोटबंदी के खिलाफ याचिका पर सुनवाई शुरू की तो उन्हें मजबूर होना पड़ा। केंद्र सरकार ने...
The Union Government has always shied away from talking about demonetisation. But last week they were forced to, as the Supreme Court is hearing the petition against demonetisation. The Union Government in its affidavit...
“In my entire career as a public servant I haven't witnessed the extraction of public wealth for private profit on the scale that we see today”, said Jawhar Sircar, Rajya Sabha member, Trinamool Congress,...
मुद्रास्फीति को 6% की सीमा तोड़े 9 महीने से अधिक समय गुजर चुका है। कानून के अनुसार, आरबीआई को महंगाई को नियंत्रित न कर पाने पर अपनी विफलता पर सरकार को जवाब देना चाहिए।
It has been more than 9 months since inflation broke the 6% ceiling. As per the law, RBI is going to write to the government explaining their failure to contain it, but both parties...
पूरी दुनिया खाद्य संकट से जूझ रही है। अगले साल खाद्य उत्पादन में और भी कमी आने की आशंका है। यानि की खाद्य सामग्रियों की कीमतें बढ़ जाएंगी। मुक्त व्यापार पर आधारित अंतर्राष्ट्रीय संधियों...
From a simple and cheap tax, GST has metamorphosed into a tax on everything. Nothing happened as expected since its inception.
In keeping with its anti-people and pro-corporate tax policy, the Central government withdrew the windfall tax on oil exports on July 19th – 19 days after it was imposed – with effect from July...
We witnessed an infantile jubilance on the part of the government since last year about a “record recovery” from the pandemic. Finance Ministry’s report claimed that armed with necessary macro and micro growth drivers, India...
On November 8th, 2016, Prime Minister Narendra Modi announced that Rs. 500 and Rs. 1000 currency notes would be abolished. These notes have to be surrendered to the bank branches. He said black money...
While the mainstream media covers the turmoil in Sri Lanka as something that is unfolding on a day to day basis, what is lost out is the long term trajectories that have precipitated the...
महीनों तक नकारने , दिखावा करने और बड़ी बड़ी बात करने के बाद आखिरकार सरकार को सच मानना ही पड़ा। देश एक बड़े आर्थिक संकट की और जा रहा है और महंगाई ने हमारी...