Blackmoney

By: Jagdish Rattanani
Category: Blackmoney, Common citizen, Governance, Inequality, Sustainability, Taxes, Global, Union Budget, Jobs, India politics, Indian economy, Inclusive growth
Elections of course are far more complex...but one thing may be said – the pundits, often sitting at the upper end of the economic pyramid, are more likely to read it wrong. They get it the least, and today it can be said that they probably also matter the least!
By: Ranjit K Pattnaik
Category: Blackmoney, Common citizen, Governance, Taxes, Global, RBI, Jobs, India politics, Indian economy, GST
One of the important objectives of demonetisation was to discourage the use of cash and to check the amount of “currency in circulation” and thus reduce the flow of black money in the system. “Currency in circulation” is an important measure in that sense and has been used by the government to... read more
By: Ajit Ranade
Category: Blackmoney, Common citizen, Governance, Taxes, Global, Jobs, India politics, Indian economy
The ball has been set rolling for the world’s biggest election. About 900 million voters, will go to a million booths, to elect 545 members of the Lower House of Parliament, from among 10,000 candidates. It’s an exercise which will span 11 weeks, a time during which the model code of conduct will... read more
By: Jagdish Rattanani
Category: Blackmoney, Common citizen, Governance, Inequality, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
The chowkidar is, quite unfortunately, not the most loved or respected entity in Indian society. Examples of this are everywhere. Before the 1980s, the Railway Protection Force (RPF) worked like chowkidars and were regarded as the “watch and ward” staff with weak discipline and uncertain judicial... read more
By: Ajit Ranade
Category: Blackmoney, Common citizen, Governance, Taxes, Global, India politics, Indian economy
The Supreme Court recently rejected a petition which asked that “criminal” candidates be disqualified from contesting elections. These are candidates who have been charged with criminal cases such as murder, attempted murder, extortion, rape, kidnapping or embezzlement, but have not been convicted... read more
By: Jagdish Rattanani
Category: Blackmoney, Common citizen, Governance, Sustainability, India politics, Indian economy, Inclusive growth
When UPA-II under Dr. Singh lost to Narendra Modi’s BJP, Dr. Singh lost only his job but it was the Congress that lost everything. This is not to say the Congress did not deserve it, nor is it to divert attention from the scandals that now dog the BJP and the Prime Minister. But it is to be noted... read more
By: Jagdish Rattanani
Category: Blackmoney, Common citizen, Governance, Sustainability, Taxes, Global, India politics, Indian economy
There are two wings on which scandals of the Rafale and Bofors variety take flight. One is plain fact and the other is perception. The government has its back to the wall on both counts. There is now little doubt that it is fast losing or has already lost the political battle on the Rafale deal.... read more
By: Jagdish Rattanani
Category: Blackmoney, Common citizen, Governance, Health, Inequality, Sustainability, India politics, Indian economy, Inclusive growth
India’s GDP growth has come in at 8.2 per cent for the quarter covering April, May, June of 2018.  The growth number is by any standards robust. Dr. Bibek Debroy, Chairman of the Economic Advisory Council to Prime Minister has said that it reflects “superior acceleration in India... read more
By: Chetan Dalal
Category: Blackmoney, Common citizen, Governance, RBI, India politics, Indian economy
“Our messaging, standards and services connect you to your counterparties worldwide, so you can transact securely and reliably.” So reads the home page of SWIFT, the secure messaging system that has been used by Nirav Modi and his associates within and outside the Punjab National Bank (... read more
By: Ranjit K Pattnaik, By: Jagdish Rattanani
Category: Blackmoney, Common citizen, Governance, Inequality, Taxes, RBI, Jobs, India politics, Indian economy, Inclusive growth
Weak investment demand would impede a higher growth trajectory. To top it, the predominance of consumption-led growth is a matter of serious concern in terms of sustainability. The soundness of the growth trajectory is under question.

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