Demonetisation Decoded

Demonetisation Decoded
Author: Jayati Ghosh
Publisher: Taylor & Francis
Total Pages: 111
Release: 2017-03-16
Genre: Business & Economics
ISBN: 1351664026

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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 INR 500 and INR 1000 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, besides appealing to the interested general reader, policymakers, legislators, civil society activists, and media.

Demonetisation Decoded

Demonetisation Decoded
Author: Jayati Ghosh
Publisher: Taylor & Francis
Total Pages: 120
Release: 2017-03-16
Genre: Business & Economics
ISBN: 1351664018

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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.

Demonetisation

Demonetisation
Author: Sandeip Khakase
Publisher: People's Literature
Total Pages: 443
Release: 2017
Genre: Business & Economics
ISBN: 8193252551

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This book is based on the 2016 Indian demonetisation. It revolves around demonetisation’s objectives stated by the Government as a measure to attack on black Money, terrorism, counterfeit currency and making cash-less, further corrected to less-cash economy. The book weighed these stated objectives and assessed whether objectives will be achieved by this demonetisation. In addition to three Indian demonetisations, the book covers 18 demonetisations across the globe and 14 demonetisation-like events. Analysed demonetisation on the basis of cost-benefit analysis, the book has also covered impact of demonetisation on major industries like FMCG, Realty, Power, infrastructure, etc. and on prime economic indicators like GDP, GVA, CRR, repo rate, inflation, etc.

Digital Transactions in Asia

Digital Transactions in Asia
Author: Adrian Athique
Publisher: Routledge
Total Pages: 473
Release: 2019-03-07
Genre: Computers
ISBN: 0429757026

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This book presents a comprehensive overview of transactional forms of the digital across the Asian region by addressing the platforms and infrastructures that shape the digital experience. Contributors argue that each and every encounter mediated by the digital carries with it a functional exchange, but at the same time each transaction also implies an exchange based on social relationships for the digital age. In capturing the digital revolution through case studies of economic, informational, and social exchanges from across the larger Asian region, the book offers a richly contextualized and comparative account of the pervasive nature of the digital as both a medium for action and a medium of record.

Note-Bandi

Note-Bandi
Author: R. Ramakumar
Publisher: Oxford University Press
Total Pages: 484
Release: 2018-02-16
Genre: Business & Economics
ISBN: 0199092729

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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.

Who’s Cashing In?

Who’s Cashing In?
Author: Atreyee Sen
Publisher: Berghahn Books
Total Pages: 198
Release: 2020-08-01
Genre: Social Science
ISBN: 1789209153

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Cashless infrastructures are rapidly increasing, as credit cards, cryptocurrencies, online and mobile money, remittances, demonetization, and digitalization process replace coins and currencies around the world. Who’s Cashing In? explores how different modes of cashlessness impact, transform and challenge the everyday lives and livelihoods of local communities. Drawing from a wide range of ethnographic studies, this volume offers a concise look at how social actors and intermediaries respond to this change in the materiality of money throughout multiple regional contexts.

Discourses on Corruption

Discourses on Corruption
Author: Kalpana Kannabiran
Publisher: SAGE Publishing India
Total Pages: 204
Release: 2021-11-01
Genre: Political Science
ISBN: 9354790143

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Corruption, often described as all that is rotten in the modern society, has become an increasingly dominant theme in contemporary political discourse, one that is related to specific practices, concepts and evaluations that vary across regions, cultures, spheres of action and disciplines. This volume, through case studies, investigates corruption in the Global South (especially India and Brazil) and West (especially Switzerland) to gain a more nuanced view of the phenomenon. The chapters in this volume are organized into two loosely structured and overlapping parts: the first part consisting of Chapters 2-5 covers conceptual questions related to corruption discourses from different perspectives such as economic ethics, social capital theory and literature; the second part consisting of Chapters 6-11 details the complexity and diversity of corruption practices within and between countries and regions, providing different interpretative frameworks, which in turn flow into discourses on corruption.

Modi's India

Modi's India
Author: Christophe Jaffrelot
Publisher: Princeton University Press
Total Pages: 656
Release: 2023-04-11
Genre: History
ISBN: 0691247900

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A riveting account of how a popularly elected leader has steered the world's largest democracy toward authoritarianism and intolerance Over the past two decades, thanks to Narendra Modi, Hindu nationalism has been coupled with a form of national-populism that has ensured its success at the polls, first in Gujarat and then in India at large. Modi managed to seduce a substantial number of citizens by promising them development and polarizing the electorate along ethno-religious lines. Both facets of this national-populism found expression in a highly personalized political style as Modi related directly to the voters through all kinds of channels of communication in order to saturate the public space. Drawing on original interviews conducted across India, Christophe Jaffrelot shows how Modi's government has moved India toward a new form of democracy, an ethnic democracy that equates the majoritarian community with the nation and relegates Muslims and Christians to second-class citizens who are harassed by vigilante groups. He discusses how the promotion of Hindu nationalism has resulted in attacks against secularists, intellectuals, universities, and NGOs. Jaffrelot explains how the political system of India has acquired authoritarian features for other reasons, too. Eager to govern not only in New Delhi, but also in the states, the government has centralized power at the expense of federalism and undermined institutions that were part of the checks and balances, including India's Supreme Court. Modi's India is a sobering account of how a once-vibrant democracy can go wrong when a government backed by popular consent suppresses dissent while growing increasingly intolerant of ethnic and religious minorities.

Platform Capitalism in India

Platform Capitalism in India
Author: Adrian Athique
Publisher: Springer Nature
Total Pages: 331
Release: 2020-09-24
Genre: Social Science
ISBN: 3030445631

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This volume provides a critical examination of the evolution of platform economies in India. Contributions from leading media and communications scholars present case studies that illustrate the social and economic ambitions at the heart of Digital India. Across interdisciplinary domains of business, labour, politics, and culture, this book examines how digital platforms are embedding automated systems into the social fabrics of everyday life. Encouraging readers to explore the phenomenon of platformisation in context, the book uncovers the distinctive features of platform capitalism in India.

Keywords for India

Keywords for India
Author: Rukmini Bhaya Nair
Publisher: Bloomsbury Publishing
Total Pages: 485
Release: 2020-02-20
Genre: Language Arts & Disciplines
ISBN: 135003925X

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What terms are currently up for debate in Indian society? How have their meanings changed over time? This book highlights key words for modern India in everyday usage as well as in scholarly contexts. Encompassing over 250 key words across a wide range of topics, including aesthetics and ceremony, gender, technology and economics, past memories and future imaginaries, these entries introduce some of the basic concepts that inform the 'cultural unconscious' of the Indian subcontinent in order to translate them into critical tools for literary, political, cultural and cognitive studies. Inspired by Raymond Williams' pioneering exploration of English culture and society through the study of keywords, Keywords for India brings together more than 200 leading sub-continental scholars to form a polyphonic collective. Their sustained engagement with an incredibly diverse set of words enables a fearless interrogation of the panoply, the multitude, the shape-shifter that is 'India'. Through its close investigation and unpacking of words, this book investigates the various intellectual possibilities on offer within the Indian subcontinent at the beginning of a fraught new millennium desperately in need of fresh vocabularies. In this sense, Keywords for India presents the world with many emancipatory memes from India.