The underlying principle of clean note policy is to maintain unhindered circulation of currencies for smooth functioning of the economy & not to be thought of as a measure of demonetization, writes Sibu Kumar Das.
SC examined 6 issues in its demonetisation verdict. It ruled that RBI Act had 'inbuilt safeguard', said court didn't sit in ‘judgment over matters’ of economic policy.
While Rajya Sabha MP Sushil Modi urged central government to discontinue ₹2000 notes, fellow BJP MP Nishikant Dubey defended demonetisation in Lower House.
Raghuram Rajan, former Reserve Bank of India governor and the Katherine Dusak Miller Professor of Finance at Chicago Booth was the guest at ThePrint's...
The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
COMMENTS