Declaring demonetisation a complete failure may turn out to be hasty, argues economist Ashok K Lahiri.
The central government, in its typical sledgehammer style, has unleashed the might of its investigative agencies like the Enforcement Directorate against NCP and Shiv Sena leaders.
Post demonetisation, there has been a hike in collection of personal income tax
'In May 2020-2021, nearly 10 crores (100 million) lost jobs. 'Covid is not the reason for the present crisis. It aggravated the crisis.'
Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, suggests T N Ninan.
CBDT feels 30% growth in income-tax not feasible.
'My role will be to take her message across the country.'
'The finance minister said, the MSME is the backbone of the economy. My question is, what have you done for the sector?'
He will highlight the pain suffered by public due to demonetisation.
The cash crunch following demonetisation and transaction fees that do not cover costs are among the reasons why the sector is struggling.
Congress leader Rahul Gandhi on Wednesday slammed the government over the rising price of domestic cooking gas, diesel and petrol, and alleged that an amount of Rs 23 lakh crore has been earned by increasing prices of these commodities in the last seven years.
What is the lure of a government job? The answer is India's worst kept secret: Job security. And among the many government jobs desperately sought after is in the armed forces. Which is why the riots by aspiring armed forces job seekers against the government's Agnipath scheme should not really be surprising, points out Harishchandra.
The NCP minister said while fake notes were seized in other states after demonetisation on November 8 2016, there was not a single such instance in Maharashtra.
Barring stray references such as the 'dual control' of banks and shifting the goalposts during demonetisation, he is not in a fault-finding mode with the government, notes Tamal Bandyopadhyay.
Althea Krishna's collection inspired by the defunct 500 and 1,000 notes was showcased at Lakme Fashion Week Summer/Resort 2017.
India's work participation rate is lower than Pakistan and Bangladesh. Are Indians lazy? No, there are no jobs, asserts Aakar Patel.
'How low GDP would have been, we don't know.' 'It raises serious questions because so many indicators are pointing to such a sharp decline and GDP estimates are still showing 4 per cent growth.'
Breaking from opposition ranks, the JD-U chief had supported the demonetisation move taken by the PM.
'Modi has given India its 'lost half-decade'. Elect him again and by 2024 it will be a lost decade'
"There can be a situation where a person has lost his/her money for no fault," SC said.
Sushil Chandra will conduct the UP, Punjab, Goa, Manipur, Uttarakhand elections before he retires in May 2022.
'If Urjit Patel had resigned after the five-state elections results people would have taken a different view. So this was the right time for him to resign.' 'He rightly resigned as he felt the differences with the government were not getting settled.'
'The Presidential Years' would be the fourth to be authored by Mukherjee, who passed away on Monday at the R&R hospital at the age of 84.
The apex court said that the government should file an affidavit by April 11 explaining the reason why the window was not created for the people having difficulty and the chance was only given to NRIs and the citizens who travelled abroad.
He also criticised the Centre's ambitious Ahmedabad-Mumbai bullet train project and dubbed it an exercise in vanity.
'By November 2020, men recovered most of their lost jobs, but women were less fortunate: 49 per cent of the job losses by November were of women.' 'The recovery has benefited all, but it benefited women less than it did men,' notes Mahesh Vyas.
Earlier, RBI had refused to disclose information about consultation undertaken before the demonetisation move was announced by the prime minister on November 8.
He said that land, a state subject, was a big destination of black money while reform in political funding was also important
The shoe, however, missed its target and the youth was nabbed.
Ambrose D'Mello, the Independent candidate from Bengaluru South, has been on maun vrat for 15 years. He does not own a house, does not wear footwear and sells books to earn a living.
"Demonetisation sends a very, very strong signal that the days when the central government was complacent are over. If you misbehave, it will be seen that you pay for it," Panagariya said.
Kapoor has told the Enforcement Directorate that he was 'forced' to buy the M F Husain painting from Priyanka Gandhi and the sale proceeds were utilised by the Gandhi family for the medical treatment of Congress president Sonia Gandhi in New York, according to the charge sheet filed by the federal anti-money laundering agency in a special court in Mumbai.
Sena said many banking frauds have come to fore during the Modi regime.
Piloting the Specified Bank Notes (Cessation of Liabilities) Bill, Finance Minister Arun Jaitley said it will extinguish the government's liability towards scrapped notes and also eliminate the possibility of their bring used as parallel currency.
New filers reported an average income, in many cases, close to the income tax threshold of Rs 250,000, limiting the early revenue impact.
Only one of the three drivers of the economy has performed in the way it should: government spending grew at 15.6 per cent, reports Abhishek Waghmare.
In 50 days, 60% of the work force was let off in retail, agri, textile and other sectors.
Even as people lined up for the final time to deposit their old notes in banks, Lalu Yadav launched a scathing attack on the PM over his demonetisation scheme.
Jaitley said note ban has compelled people to deposit money into bank accounts.
They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.
