Demonetisation The Economists Speak

by Kapila, Uma

• ISBN13: 9789332703971
• ISBN10: 9332703973
• Format: Hardcover
• Copyright: 2017-07-01
• Publisher: Academic Foundation

Summary

Demonetization has come to describe in India one economic decision that shook a billion people from the very moment it was announced by Prime Minister Narendra Modi on 8th November 2016; from the manifestation shrouded in secrecy, the rationale, the aftermath, the short and the long term economic impact, the social and political fallout, and much more. Endless animated discussions in virtually every kind of group at any kind of place, unending serpentine queues at banks and ATMs, continuous news headlines for days and weeks, countless speeches, reactions and counter-arguments, a stalled parliament—India’s recent demonetization has indeed unfolded at an unprecedented scale. Amidst the din and cacophony, it makes a lot of sense to make available to the reader, a bunch of authentic writings by noted economists/scholars, and policymakers on how they view demonetisation.

Author Biography

Uma Kapila, a long-time observer of the Indian economy, has taught Indian Economy to undergraduate students for over forty-two years. She retired as Reader from the Department of Economics, Miranda House, University of Delhi. Presently, she is Senior Editor, Academic Foundation. An Honours Graduate from Miranda House, University of Delhi and MA and PhD from Delhi School of Economics, Dr Uma Kapila has also served on the Planning Commission Study Group on “Agricultural Strategies in the Eastern Region of India for the Seventh Five Year Plan” (Perspective Planning Division).