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Articles by: Dr Arun Kumar

Union Budget 2020-21: Figuring out its Politics and Economics

Union Budget 2020-21: Figuring out its Politics and Economics

The Union Budget has two goals. First, to tackle the current problems plaguing the economy which may be a continuing one or one that has cropped up in the year in which the Budget is drafted. The second goal of a Budget is to try to fulfill the vision that the government puts out. This again could be pertaining to[Read More…]

Demonetisation: Assessment Of Its Impact

Demonetisation: Assessment Of Its Impact

Three years after demonetisation was launched by Prime Minister Narendra Modi, on November 8, 2016, people still remember it as the beginning of a very difficult period. Many have come to accept what I have been saying that the economic downturn in India began then and now the official rate of growth has come down to below five per cent.[Read More…]

Demonetisation: Recessionary Conditions Take Hold

Demonetisation: Recessionary Conditions Take Hold

Demonetization is all about currency and the amount of money with the public. Since the public has no interface with the Reserve Bank of India, they have to deal with the banks for their daily requirements of money. Consequently, demonetization has had a dramatic impact on banks in India and this is likely to persist. Banks and the Public Ire[Read More…]