An extract from ‘Demonetisation Decoded’ by Jayati Ghosh, C.P. Chandrasekhar and Prabhat Patnaik, talking about what explains the government’s decision and popular support for it.
Not only has the Budget failed to include measures to fix the damage caused by demonetisation, it also hasn’t taken advantage of the opportunities created.
The professional consensus is that demonetisation will have many undesirable impacts – and may not succeed in its aims either.
As the unorganised sector continues suffering, civil society members, bankers and politicians remain sceptical of demonetisation’s impact on black money.
More than 150 eminent citizens have issued a statement against demonetisation today, questioning the efficacy of the measure in eliminating black money.
In conversation with economist Prabhat Patnaik on the government’s decision to demonetise Rs 500 and Rs 1000 notes.
The recent political transformation in Bengal and the way the campaigns have played out have made it difficult for commentators to have a conclusive stand.
At a SAHMAT event, Kanhaiya Kumar said left parties in JNU lost precious time and didn’t come together even after Modi was elected to power, because they were too antagonistic towards each other.
A new research paper finds that as the capital intensity of production grows, the share of workers’ wages in national income has fallen sharply.
New Delhi: A collective assault on reason – that is how a gathering of academics and activists this weekend described the ongoing attack on individuals, institutions, history, ideas and education that has been gathering pace across the country “ever since the RSS-dominated BJP government” came to power at the Centre. Organised here by […]