In Understanding the Black Economy and Black Money in India, Arun Kumar, the eminent economist and India’s leading expert on the subject, takes us on a journey from the origins of the black economy in India and tries to answer these important questions.
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What, exactly, is black money? How does the black economy operate? Are they the same? If not, how are they related? Is the black economy different across nations? What fuels the black economy and what has been done over time to curb it? What more can be done to reduce its impact on our lives? Today, as the government justifies the mandatory linkage of the Aadhaar card to tax returns, the attorney general argues that it is needed to deal with black money and terror financing. Nobody is quite sure if the fight was won or lost but the nation is still reeling from the after effects. In November 2016, when Prime Minister Narendra Modi announced the demonetisation of high currency notes, he said he had taken the step primarily to fight black money. When the BJP came to power in 2014, among its promises was the recovery of black money from safe havens abroad, and the promise to deposit Rs 15 lakh in every Indian’s bank account. During the tenure of the last government, the issue of corruption galvanised a popular civil movement. Credit: Reutersīlack money is currently one of the most discussed political and economic issues in India. It stands out because it probes various aspectsof the Indian society in a holistic manner.Arun Kumar’s book delves into the history of black money in India.
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Two separatecircles of development got created, the rapidly developing modern oneuncomfortably co-existing with the marginalised and crisis-ridden traditionalsectors.This is a magisterial, seminal work on independent India’seconomy by a renowned economist.
#BLACK ECONOMY INDIA ARUN KUMAR PDF PDF#
Black Economy India Arun Kumar Pdf Printer Online Black Economy India Arun Kumar Pdf Printer Online Then, too, materialprogress since independence has been largely concentrated in the 'modern'sectors, dictated largely by the stage of the world economy. Thus, for example, India remains trapped in a one-way globalisation,mindlessly copying irrelevant solutions from the West.
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Thecountry’s persisting poverty, illiteracy, and general backward-ness can betraced to the poor quality of political leadership because of its elitist roots,low investment due to the drain of the surplus, and the Indian society’s loss ofvalue for original and relevant ideas and knowledge.The gap between the elite and people at large persists till todayleading to a weak leadership, endemic corruption, policy failure and poorgovernance. Itis argued that the major economic and other problems of post-independence Indiahave their roots in the disruption of Indian society caused by colonisation. It analyses thepost-independence developments in the context of the preceding British rule.
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799Format: PaperbackISBN13/10: 060 / Availability: YesPublished in 2014This book presents a historical and politicalsurvey of India's economic development since independence. You are in Book DetailsIndian Economy since IndependencePersisting Colonial DisruptionIndian Economy since Independence: Arun Kumar: Vision Books: Book (ISBN: )Pages: 816Price: Rs.