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C.P. Chandrasekhar,Jayati Ghosh
Tuesday 25 April, 2017
Despite the government’s efforts to digitise the Indian economy forcibly, non-cash forms of payment appear to have declined as more currency has been made available to the public. This points to major flaws in the government’s coercive approach and the underlying rationale for cashlessness.
C.P. Chandrasekhar
Monday 27 February, 2017
All that this government has is its unfounded belief that mere reform in the form of the demonetisation, digitalisation and the GST would deliver growth rather than recession.
C.P. Chandrasekhar,Jayati Ghosh
Tuesday 17 January, 2017
Banks strapped with stressed assets are holding back on lending, dampening in the process the principal stimulus to growth in recent years. And there are no alternative routes to growth in sight.
C.P. Chandrasekhar
Saturday 17 December, 2016
The damage to the reputation of banks and its employees, which and who have been victims of the engineered cash shortage, is likely to be aggravated by the adverse effects the demonetisation may have for the already damaged profit and loss accounts and balance sheets of the banks.
Prasenjit Bose,Zico Dasgupta
Thursday 15 December, 2016
Whether the demonetisation scheme declared through the November 8 notification qualifies as a fiscal or economic policy is a vital question that merits the attention of the Supreme Court.
Prabhat Patnaik
Tuesday 13 December, 2016
The linking of demonetisation with a fall in banks’ lending rates is illogical and just a false propaganda of the ruling party to mislead people.
C.P. Chandrasekhar
Friday 09 December, 2016
Demonetisation exercise has adversely affected the functioning of medium and small enterprises, which carries out a substantial part of transactions, to buy inputs, pay workers, and distribute goods, in cash.
C.P. Chandrasekhar
Wednesday 23 November, 2016
The way the political establishment, sundry pundits, the media and a large section of the untutored or sycophantic elite of the country underestimated the extent of pain that the demonetisation measure would inflict on India’s poor and lower middle classes, points to their disconnect from a reality which bears little resemblance to the vision of a dynamic market economy they presume they inhabit.
Jayati Ghosh
Tuesday 22 November, 2016
It is becoming evident by the day that the primary purpose of the surprise announcement by the Prime Minister was political rather than economic, and that this political purpose was specifically directed towards ensuring the fortunes of the ruling party vis-à-vis its rivals.
TM Thomas Isaac
Friday 18 November, 2016
In an interview to Scroll.in, economics professor turned Finance Minister of Kerala, TM Thomas Isaac said that the secrecy surrounding the demonetisation was a blow to cooperative federalism, where the state and centre work collectively, and the move would not have a serious impact on tax evaders.
 

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