CMIE

No silver lining on economy’s dark clouds

No silver lining on economy’s dark clouds

August 21, 2020

Despite various measures announced by the government, there is no sign of any revival in the Indian economy which has continued its sharp decline since March. Inflation continues to rise, job losses spread across sectors and the economy continues to contract.

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Demonetisation: Drive against devils or cashtration of Indian economy?

Demonetisation: Drive against devils or cashtration of Indian economy?

November 28, 2016

A coin has two sides, and so does the Indian premier, Narendra Modi’s announcement to demonetise overnight the high-value currency notes of INR 500 and INR 1,000 on a national telecast on 8 November, 2016. Why did Narendra Modi take this bold decision without elaborate consulta...

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