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Demonetisation
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Demonetisation
A means to an End?


© 2017 | 224 pages | SAGE Publications Pvt. Ltd

On 8th November 2016, India was caught unaware and shaken to its very roots, when the majority of the currency in circulation became stripped of its value. People were grappling with an entirely unfamiliar situation - 'demonetisation'. The move unleashed a huge debate on television, in newspapers, and on social media, the likes of which had never been seen. Several months later, we are still questioning: Was this a disastrous blunder or a leap forward?

To answer these questions, a renowned economist takes an incisive look at the events that led to demonetisation, the aftermath, and its implications. He sifts through many irrelevant rants, a lot of politically motivated mud-slinging, and asks the most important question: What now, what next?

 
Foreword by Shyam Saran
 
Preface
 
Acknowledgements
 
Public Revulsion against Corruption in India
 
Black Money: A Key Facilitator of Corruption
 
The Argumentative Indian Overreaches Himself
 
Shortfalls in Achieving the Main Objectives
 
Gains from Unexpected Directions
 
A Seven-point Programme to Achieve a Corruption-mukt Bharat
 
Making India Number One Again
 
Annexure 1. Q&A on Demonetisation
 
Annexure 2. The Speech of Prime Minister Modi on 8 November 2016 on Demonetisation
 
Annexure 3. Demonetisation Episode Shows Why Reserve Bank of India Cannot Be Independent
 
Bibliography
 
Index
Key features

On 8 November 2016, India was caught unaware and shaken to its very roots! Majority of the currency in circulation had been stripped of its value. People were grappling with an entirely unfamiliar situation—“demonetisation.” The move unleashed a huge debate—the likes of which had never been seen—on television, in newspapers, and on social media. Demonetisation was met with extreme reactions and its results were multifaceted. Several months later, we are still questioning: Is it a disastrous blunder or a leap forward?

To answer these questions, a renowned economist takes an incisive look at the events that led to demonetisation, the aftermath, and the implications. He sifts through many irrelevant rants, a lot of politically motivated mud-slinging, and asks the most important question: What now, what next?


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ISBN: 9789386602138
$19.99