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Author: C. Rammanohar Reddy
Publisher:
ISBN: 9789352875801
Category : Demonetization
Languages : en
Pages : 0
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Book Description
Author: C. Rammanohar Reddy
Publisher:
ISBN: 9789352875801
Category : Demonetization
Languages : en
Pages : 0
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Book Description
Author: R. Ramakumar
Publisher: Oxford University Press
ISBN: 0199092729
Category : Business & Economics
Languages : en
Pages : 484
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Book Description
The demonetisation of November 2016 will go down in history as one of the most intensely debated economic policy interventions of the Indian state. With the abolition of the legal tender status of Rs 500 and Rs 1,000 notes, about 86 per cent of the currency in circulation stood withdrawn from circulation in the economy. The purpose, according to the government, was to stamp out counterfeit currency, unearth black money, and usher in a less-cash economy. This work analyses in detail the conception and implementation of demonetisation, its impact on different spheres of the economy and sections of the people, and various claims of the government vis-à-vis demonetisation. It tries to locate the two demonetisations of 1978 and 2016 within the broader questions of tax evasion and the generation and storage of black money in India over the last six decades. It has a comprehensive introduction, supported by writings from the archives of the Economic & Political Weekly.
Author: Arun Kumar
Publisher: India Portfolio
ISBN: 9780143456407
Category : Business & Economics
Languages : en
Pages : 344
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Book Description
Demonetization and Black Economy gives a blow-by-blow account of what happened and what were it s effects. This is a powerful book by India's foremost expert on black economy and public finance. The book is a no-holds-barred look into what happens to a nation when its own government devalues its currency. Also find out what were the social, political and economic costs to the nation. This is a hardhitting look at demonetization, and why it could be one of the worst mistakes made by an Indian government with serious social, political and economic consequences. --
Author: Arun Kumar
Publisher: Penguin Books India
ISBN: 9780143028673
Category : Business & Economics
Languages : en
Pages : 434
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Book Description
In this book, the author critically examines the standard explanations for the causes and consequences of black income generation. His analysis lays bare the pernicious effects of black income on the macroeconomy and the resultant inefficiency, waste in the economy and society.
Author: Varun Chandna
Publisher: Notion Press
ISBN: 1946822302
Category : Business & Economics
Languages : en
Pages : 361
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Book Description
You cannot understand Money Laundering unless you understand ‘How’ this GAME is actually played. Flip in and you will!! Get in to understand ‘How’ the following may be related with Money Laundering Hawala Donations and Trust Mergers and Acquisitions (M&A) Shares and Share Market Hidden Leverage Real Estate Penny Stocks and Circular Trading Futures and Options (F&O) Letters of Credit (L/C) P-Notes Convertible Financial Instruments Imports & Exports Unsecured Loans and Fixed Deposits Bitcoins Special Economic Zones Bearer Shares Shell Companies and Panama Islands Gambling Numbered Accounts Gold and Diamonds Start-ups etc.
Author: Arun Kumar
Publisher: Rupa Publications
ISBN: 9789386021571
Category : Business & Economics
Languages : en
Pages : 170
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Book Description
The Narendra Modi government's sudden demonetization of `500 and `1,000 notes in November 2016 failed to put a dent in the black economy but caused untold hardship to hundreds of millions of Indians. It has crippled the country's economy for a long time to come. In this book, Arun Kumar, the country's leading authority on the black economy, tells us why Modi's gambit failed. He shows us the way in which the problem can be rooted out, provided the government has the political will and determination to act. Today, the black economy is estimated to be 62 per cent of GDP-or about `93 lakh crore ($1.4 trillion). Corrupt businessmen, corrupt politicians, and corrupt members of the executive (bureaucrats, police and the judiciary) are responsible for controlling the black economy and enabling its growth. If the black economy were to be dismantled and turned into a part of the 'white' economy, the country's rate of growth would be 12 per cent. If it had not grown the way it has since the 1970s, India's per capita income today would be approximately `7 lakh per annum ($11,000) and India would become the second largest economy in the world. If the black economy were taxed at current rates, it would generate `37 lakh crore in additional taxes and the union budget would show a surplus of `31 lakh crore instead of a deficit. The failure of successive governments to tackle the problem effectively has been the single biggest obstacle to eradicating poverty. It is the cause of both widespread policy failure and the inability of the nation to improve its living conditions rapidly.
Author: Jayati Ghosh
Publisher: Taylor & Francis
ISBN: 1351664018
Category : Business & Economics
Languages : en
Pages : 120
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Book Description
On the night of 8 November 2016, at 8:15 pm, India’s Prime Minister, Narendra Modi, announced in a televised broadcast to the nation that with effect from midnight, currency notes of denominations Rs 500 and Rs 1,000 would no longer be legal tender. In one stroke, this involved the de-recognition of over 86 per cent of the value of Indian currency in circulation with only four hours’ notice. This important book provides a quick and concise explanation of the goals, implications, initial effects and the political economy of this major demonetisation move by the Government of India. It clarifies key concepts and offers astute economic analysis to guide the reader through the various claims, arguments and critiques that have been made; highlights the complexities of the processes that have been unleashed; and examines the likely outcomes in the long term as well as those that are immediately evident. Timely and lucid, this book will interest students and researchers in the fields of economics, finance, management, law, politics and governance as well as policy makers, legislators, civil society activists and the media.
Author: Sree Iyer
Publisher:
ISBN: 9781732025622
Category :
Languages : en
Pages : 288
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Book Description
A ship carrying 2 containers worth Rs.5000 crores in 500- and 1000-rupee notes, docks in the dark of night at Kochi. The money is quickly distributed to members of a minority community using a network of 100 Chartered accountants. The bulk of the money finds its way back into fake firms, shell corporations and charities with the sole aim of destabilizing the country.A DIABOLICAL PLAN BY THE FREEDOM PARTY TO WEAKEN INDIAGreedy politicians of the Freedom Party want to ensure that the opposition can never come to power. Pander to the largest minority, enrich them beyond their expectations and ensure they will be with the party. To this end, a plan is hatched to print high denomination money and try and increase the velocity of money, thereby creating the illusion of growth. A compromised Finance Minister is forced to buy paper from the same sources as India's rival Pakistan. Their intelligence wing gets hold of the security threads being used in Indian notes through honey trapping and comes up with notes that are almost as good as the real ones.The fake money brought in slowly starts moving around the country, driving up inflation and real estate prices, mixing with good notes. Because of a series of scams, the government gets voted out and a single party (People's Voice) gets absolute majority. The new party responds to a terrorist attack with a surgical strike deep in the enemy territory.Pakistan decides to retaliate by flooding India with fake currency, by tripling its fake currency production. India responds by demonetizing the 500- and 1000-rupee notes and printing new notes of a different size. But despite the best attempts, a porous border with Nepal and Bangladesh results in a significant amount of the fake currency entering Indian banks. When the notes were tallied, instead of 87% of printed notes coming back to the Reserve Bank, 113% comes!The counterfeit money is used to spawn different types of nefarious activities including a plot to assassinate the newly elected Prime Minister. Will the Intelligence Bureau track the assassin and protect the PM?
Author: Meera Sanyal
Publisher: Harper Collins
ISBN: 9353023955
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
8 November 2016 was a black swan event in Indian history. At one stroke, 86 per cent of the currency in circulation was demonetized, causing confusion, chaos and endless misery to the common Indian. While the Modi government claimed that it was the silver bullet that India needed to eliminate many of its longstanding problems such as black money, corruption, tax evasion and terror funding, the months that followed proved it otherwise. The return of 99.7 per cent of the banned 500 rupee and 1,000-rupee notes showed that the RBI's idea of Demonetization Dividend was nothing but a mirage. In the process, livelihoods of millions in the informal sector were destroyed, causing enormous distress to farmers and, traders and forcing many micro, small and medium businesses into bankruptcy. One of India's most respected bankers, Meera H. Sanyal provides the most comprehensive analysis of the policy, its execution and pitfalls. The Big Reverse presents unprecedented insights backed by data, history and research. And as a result, answers the questions that still continue to haunt Indians, on the what, why and how of demonetization.
Author: Abhijit G. Bharati
Publisher:
ISBN: 9781520196282
Category :
Languages : en
Pages : 34
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Book Description
This book gives authors view of black money for common man. Can be useful for "Think Tanks" as this book focuses on a very much ground level concept.This book is not any official publication on Black Money. Also this is not a text book and does not guarantee passing as answers are opinion of author.
