The RBI governor also stated that Rs 9.2 lakh crore has been introduced into the economy in the form of new notes since November 8.
Though several bills were passed in the first two sessions, there was very little detailed debate and the government routinely used ordinances to bypass parliament.
2017 will need to see less of the carrot and more of the stick in order to persuade India’s institutions to prepare against an ever-increasing number of cyber security threats.
The prime minister also pointed out that demonetisation should have been carried out in 1971 by Indira Gandhi, as was recommended by the Wanchoo committee.
A report by the Vidhi Centre for Legal Policy found that on an average, a law took 261 days to come into force and 14% of laws took up to 1000 days to become implementable.
After Continued Criticism From Opposition, Modi Tweets About Generalised ‘Gains’ From Demonetisation
In a series of tweets, Modi vaguely referenced the “gains” from demonetisation and saluted those supporting the “yagna” that is demonetisation.
Limits on the number of parliamentary sittings has allowed the executive to avoid demonetisation-related queries, undermining the legislature’s power.
“It (demonetisation) undermines notes, it undermines bank accounts, it undermines the entire economy of trust.” Sen told NDTV.
India may be a limping and flawed democracy, but it is one nevertheless. That means that Indian voters deserve to be heard.
MPs should support the repeal of this old colonial law, says Tatagatha Satpathy, who has moved a Private Members Bill in Parliament
Parliamentary committees perform poorly due to a lack of supervision and executive neglect – issues that can only be fixed if we acknowledge that there is a problem to begin with.
Manohar Parrikar and Parliamentary Affairs Minister Venkaiah Naidu rejected the opposition’s demand for a Supreme Court-monitored probe.
Prime Minister Narendra Modi and the BJP appear to be pushing a cocktail of aggressive nationalism with a heavy dose of welfarism to mask their many failures so far.
It is the Centre that has crossed the line of legality by trying to take away what has been given to the Delhi government by the Constitution
The NDA’s small-mindedness and combative style has led it to make a mess of political relations inside and outside Parliament
The Judiciary now has the right to say what the Constitution should be. This is a perversion of democracy
In its NJAC verdict, the Supreme Court did not fail to respect parliamentary supremacy but it also got a few things wrong
By invoking the past sins of the Congress, the BJP is seeking an amoral equivalence in corruption