The book is all about making the common man, even an expert, gain a perspective on the issue of black economy in India as well as on the recent demonetisation exercise. While being fully supportive of the reason behind the recent demonetisation exercise, Arun Kumar takes a grim view of its effects in tackling corruption and black economy. Black Economy India Arun Kumar Plus Organised Sector. But if you take the unorganised plus organised sector into account and look at alternate data, then we have been in a recession for the last three years, not a slowdown, he said. Edited excerpts from an interview: It is now three years since Prime Minister Narendra Modi announced demonetisation. Black Economy India Arun Kumar Pdf Download. And it wanted to destroy the black economy by forcing the ‘de-hoarding’ of cash held by those. Black Economy India Arun Kumar Pdf Reader Veeam Backup Enterprise Manager License File Engineering Materials By Sc Rangwala Pdf Download Cheat Yu Gi Oh Forbidden Memories Epsxe Android Songframe Serial Number Medion Gopal Navigator 6.0 99 Names Of Allah In Bengali Pdf Prilepin-based Bench And Squat Program.
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Author | : Arun Kumar |
Publisher | : Portfolio/Penguin |
Release Date | : 01 November 2017 |
ISBN 10 | : 9780670090075 |
Pages | : 344 pages |
Rating | : |
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. --
Book Review: Arun Kumar's Demonetisation and the Black Economy
The objectives of the government were laudable, but it seems as though the scheme was imposed on the country with little or no forethought.
Excerpts: Understanding the Black Economy and Black Money in India by Arun Kumar
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Well, almost everybody agrees that it has imposed short-term costs on the nation. But when it comes to understanding its longer term effects, the reaction of experts is wide-ranging: from being at loss of words to talking in unclear terms, from being uncertain about its effects to taking contradictory position and so forth. The common man is utterly confused. The book is all about making the common man, even an expert, gain a perspective on the issue of black economy in India as well as on the recent demonetisation exercise. While being fully supportive of the reason behind the recent demonetisation exercise, Arun Kumar takes a grim view of its effects in tackling corruption and black economy.
In Understanding the Black Economy and Black Money in India, Arun Kumar takes us on a journey from the origins of the black economy in India to what should come after demonetisation. Credit: Reuters. Black money is currently one of the most discussed political and economic issues in India. During the tenure of the last government, the issue of corruption galvanised a popular civil movement. In November , when Prime Minister Narendra Modi announced the demonetisation of high currency notes, he said he had taken the step primarily to fight black money.
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A ground-breaking book, The Black Economy in India in India shows how demonetization is not the way to end the black economy, since what India needs is to empower citizens and make leaders accountable. The black economy is once again in the news because of the announcement of demonetization of the large-denomination currency notes. It is not that this is the first step that the present government has taken to tackle the black economy. It started its journey by forming a special investigation team SIT under a Supreme Court order in But none of them had the same dramatic impact on the economy since they were not comparable in order of magnitude that demonetization is.