Black Economy India Arun Kumar Pdf Files
This step was historically unprecedented in terms of its scale and impact. This critical decision was taken with the purpose of fighting black money, corruption, counterfeit currency and terrorism, with the fond hope that it will ultimately clean up the entire system. It caught the people unawares. From serpentine queues at ATMs to prime time channels and at parliament, demonetization became the most fiercely debated topic. Professor Kumar is an authority on black economy and has done extensive research and writing on it. With his years of experience in academics, he analyses various aspects of black economy relevant to demonetization. He deftly deals with issues related to nomenclature, misconceptions regarding the relationship between black money and black economy, and corruption and black economy.
Goodreads helps you keep track of books you want to read. Want to Read saving. Want to Read Currently Reading Read. Other editions. Enlarge cover. Error rating book.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.
Dr Arun Kumar
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. See a Problem?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.
Black Economy India Arun Kumar Pdf Files Free
On November 8, 2016, our honourable Prime Minister Narendra Modi announced his government's demonetization drive in a shock move. Today, when elections are in the vicinity the impact of all the decisions by Modi led government including the note ban and all its possible consequences are still being debated.Announcing the same, PM Narendra Modi said, 'Brothers and sisters, to break the grip of corruption and black money, we have decided that the five hundred rupee and thousand rupee currency notes presently in use will no longer be legal tender from midnight tonight i.e. 8th November 2016.