GDP Growth: Less Than Officially Given
The official GDP growth data hides the reality of tepid growth and a decline in good employment.
Arun Kumar
Arun Kumar, Malcolm S Adiseshiah Chair Professor, Institute of Social Sciences, New Delhi and author of ‘Indian Economy’s Greatest Crisis: Impact of the Coronavirus and the Road Ahead‘.
₹2,000 notes: Another Costly Mistake
The Reserve Bank of India’s (RBI) announcement of withdrawal from circulation of the ₹2,000 currency notes has caused much incredulity. Tamil Nadu Chief Minister M.K. Stalin quipped, “500 doubts, 1,000 mysteries and 2,000 blunders”, and Rajya Sabha member P. Chidambaram said, “Demonetisation has come full circle”. The Union government has distanced itself from the decision by letting the RBI announce it.
SC Committee on Adani Matter Has Failed The Nation
The corporate members of the expert committee could have exposed much more of the wrongdoings but they have chosen to be formalistic. So, an opportunity to expose and clean up corporate manipulations has been missed.
Withdrawal of ₹ 2,000 Banknotes: Paving Way to Mini Demonetisation
None of the arguments that the RBI has given to justify the demonetisation move are valid.
The Withdrawal of Rupees 2000 Notes: A New Mini-Demonetisation in India Soon
In a sudden though not unexpected move, currency notes of the denomination Rs 2,000 are being withdrawn from circulation. This is announced via a notification released by the Reserve Bank of India and not the government (as at the time of demonetisation). These notes are not being withdrawn from circulation, but actually, they will stop circulating right away given that they will have to be deposited in a bank or exchanged for lower denomination notes.
Atmanirbharta & Vishwaguru: Will they inculcate pride?
Arun Kumar In a recent interview, Mr. Nripen Mishra, Chairperson of the Committee to construct the Ram Janmabhumi Temple said, `Our youth are very sensitive to the call that India must become a big power … I think we have…