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Coping with note-ban blues

Thursday, 09 Nov 2017 | Souvik Mitra | in Oped

Bank managers and officials shared the ordeal that they had to undergo during the same period last year, when Prime Minister Narendra Modi announced the historic decision to demonitise high-valued currency notes. They had to say that it took quite some time for everyone to get used to the changing...

Cashless, The new normal

Thursday, 09 Nov 2017 | Chandan Prakash | in Oped

The introduction of the ‘Goods and Services Tax’ (GST) has helped channelise a cashless system. The industry has been recovering lost ground post-demonetisation. All payments to workers, suppliers and traders are being made through cheques and online transfer through RTGS. New manufacturing industries have started picking pace as never before...

Cheque-mating bankers

Thursday, 09 Nov 2017 | C Prakash | in Oped

Traders of Chawri Bazaar, Khari Baoli, and Azadpur Mandi that wore a deserted look post-demonetisation and which reportedly lost 80 per cent of its business, claimed to have recovered as suppliers and wholesalers adopted the cashless way of business. Succha Singh Namdhari, a fruit and orchid flower wholesaler at the Azadpur...

Common man hit hardest

Thursday, 09 Nov 2017 | Souvik Mitra | in Oped

Right from the bankers to large scale and small scale industries, everyone vented their frustration at demonitisation, which was announced last year on November 8. But the voice of the common man, who was the most affected due to note ban, has not been heard enough. Most of them opined...

Digitized memories

Thursday, 09 Nov 2017 | C Prakash | in Oped

As the country celebrates the first anniversary of demonetisation, students, working professionals and housewives, who went through a very tough time, claimed to be benefited by the move. “The move has technically educated us and now, we don’t have to visit kiosks to pay phone, electric, and water bills. We...

Following black money trail

Wednesday, 08 Nov 2017 | Shivaji Sarkar | in Oped

A year after demonetisation, disclosures in the media have served to iterate the point that those who conceal their income do not use cash On this day a year ago, the nation was shaken as Prime Minister Narendra Modi announced banning of Rs 1,000 and Rs 500 currency notes. The nation...

Demonetisation: Modi’s won the debate

Wednesday, 08 Nov 2017 | Navneet Anand | in Oped

Note ban is akin to a systemic solution to the problem of black money, corruption and terror funding Exactly a year ago on this day Prime Minister Narendra Modi made a tryst with New India's destiny by announcing demonetisation of Rs 500 and Rs 1,000 currency notes. It was an audacious...

What if…the questions that haunt us still

Tuesday, 07 Nov 2017 | Gwynne Dyer | in Oped

The 100th anniversary of the Russian Revolution is perhaps a time to revisit the notion of the utter futility, not to mention tragic consequences, of that momentous event China Miťville, a novelist I much admire, has published a history of the ‘October Revolution’ to mark its hundredth anniversary (which is actually...

An artful revolution and the loss of inheritance

Tuesday, 07 Nov 2017 | Abhijit Iyer-Mitra | in Oped

For the soviet system, all art had to be political, “revolutionary” and “non-individualistic” — in effect bland, soulless, replicas of each other What do we make of the art project that was the Soviet Union? As the story goes, this was an artistic and cultural paradise. The reality was very...

THE RUSSIAN REVOLUTION

Tuesday, 07 Nov 2017 | Pioneer | in Oped

MUST READ Mikhail Bulgakov’s novel, The White Guard: In his book, Bulgakov portrayed his complex, pessimistic view of the revolutionary age. In this loosely autobiographical work, he describes his native city Kiev in the grip of the 1918-1919 Civil War, as experienced by White Guard officers from a cultured family. They...


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