School of Economics | Demonetisation Effect
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Jayati Ghosh October 26, 2017 The Modi government made its supposed determination to end corruption in India its signature theme. The massive damage done by demonetisation as well as the continuing chaos produced by the flawed introduction of the Goods and Services Tax have all been...

Prabhat Patnaik September 26, 2017 The BJP government, like a bull in a China shop, is wrecking the economy. A neo-liberal regime, even at the best of times, i.e. even when the economy is booming, brings misery to the vast mass of the working people by...

  If stamping out black money was the intention of the move, not even 0.01% of that has been extinguished   Demonetisation as a means of tackling the black economy was destined to fail. It was carried out on the incorrect premise that black money means cash. It...