Tag Search: “fiscal policy”
Reviving the informal sector from the throes of demonetisation
While recent measures announced by the government indicate some awareness of the hardships inflicted on the informal sector by the note ban, more needs to be done. In this article, Bhattacharya, Mitra...
- Kaushik Bhattacharya Siddhartha Mitra Sarmistha Pal Bibhas Saha
- 13 February, 2017
- Perspectives
Union Budget 2017-18: No amends for the sins of demonetisation
Commenting on India’s Union Budget 2017-18, Siddharth Varadarajan, a Founding Editor of The Wire, contends that dealing with the aftereffects of demonetisation requires a fiscal and monetary boost, bu...
- Siddharth Varadarajan
- 06 February, 2017
- Perspectives
India's Union Budget 2017-18: Status quo for the social sector
On 1 February, The Finance Minister of India presented the Union Budget 2017-18. In this article, Yamini Aiyar, Director of Accountability Initiative, contends that for social policy, the Budget sugg...
- Yamini Aiyar
- 03 February, 2017
- Perspectives
An economist’s view on recent domestic and world events
Dilip Mookherjee spoke to Hindu Business Line at length on a variety of issues including demonetisation, the upcoming Budget, and the Trump Presidency’s impact on the world economy.
- Dilip Mookherjee
- 31 January, 2017
- Perspectives
How to go about chasing black money
In the context of demonetisation, Indira Rajaraman argues that the focus of any sustainable reform of the taxation structure must be on reducing flows of tax evasion, not going after existing caches o...
- Indira Rajaraman
- 30 January, 2017
- Perspectives
Aadhaar, demonetisation, and the poor
There is a view that an Aadhaar-centred apparatus of digital inclusion can shield the poor from the problematic effects of demonetisation. In this article, Silvia Masiero argues that constraints of te...
- Silvia Masiero
- 09 January, 2017
- Perspectives
Assessing the impact of demonetisation through the gender lens
In this article, Mitali Nikore, Senior Consultant at PwC India, highlights how demonetisation is impacting women differentially, and offers policy suggestions on how the negative effects can be mitiga...
- Mitali Nikore
- 04 January, 2017
- Perspectives
On demonetisation
On the evening of 8 November, the Prime Minister announced on national television that Rs. 1,000 and 500 notes are no longer legal tender, and must be exchanged at the banks for newly issued currency....
- Parikshit Ghosh
- 23 December, 2016
- Symposium
Demonetisation: A thunderbolt in search of a target
In this article, Ajit Karnik, Professor of Economics at Middlesex University, Dubai, examines the various rationales that have been trotted out to justify demonetisation and finds little evidence to b...
- Ajit Karnik
- 23 December, 2016
- Perspectives
Post-demonetisation: Can the old notes return?
Banks in India are reported to have received about 87.7% of the demonetised currency notes so far. In this article, Badri Sunderarajan argues that when once all the old notes have come in, it would ma...
- Badri Sunderarajan
- 22 December, 2016
- Perspectives
India’s demonetisation drive: Politics trumps economics
In this article, Siddhartha Mitra, Professor of Economics at Jadavpur University, argues that even though demonetisation fails the standard economic cost-benefit test with regard to its stated objecti...
- Siddhartha Mitra
- 20 December, 2016
- Perspectives
Demonetisation: Some very counterintuitive effects in practice
Due to demonetisation, holders of black money lose if they cannot exchange their notes or sell these in the black market. It is widely reasoned that this implies an equal financial gain for the public...
- Gurbachan Singh
- 18 December, 2016
- Perspectives