Demonetisation Impact On Indian Economy News

Industry

‘Demonetisation was a massive, draconian, monetary shock’, says Arvind Subramanian in his new book

Imposing large costs on a wide cross-section of people could actually have been indispensable to achieve political success, says former chief economic adviser Arvind Subramanian of demonetisation in his new book 'Of Counsel: The Challenges of the Modi-Jaitley economy'

9 min read29 Nov 2018
Industry

How GST and demonetisation impacted govt finances

Tax collections from goods and services tax (GST) have been underwhelming, and the government is set to miss this year's fiscal deficit target

3 min read5 Nov 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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