The Black Economy In India PDF Download
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Author | : Arun Kumar |
Publisher | : Penguin Books India |
Total Pages | : 434 |
Release | : 2017 |
Genre | : Business & Economics |
ISBN | : 9780143028673 |
Download The Black Economy in India Book in PDF, ePub and Kindle
In this book, the author critically examines the standard explanations for the causes and consequences of black income generation. His analysis lays bare the pernicious effects of black income on the macroeconomy and the resultant inefficiency, waste in the economy and society.
Author | : Arun Kumar |
Publisher | : Rupa Publications |
Total Pages | : 170 |
Release | : 2017 |
Genre | : Business & Economics |
ISBN | : 9789386021571 |
Download Understanding the Black Economy and Black Money in India Book in PDF, ePub and Kindle
The Narendra Modi government's sudden demonetization of `500 and `1,000 notes in November 2016 failed to put a dent in the black economy but caused untold hardship to hundreds of millions of Indians. It has crippled the country's economy for a long time to come. In this book, Arun Kumar, the country's leading authority on the black economy, tells us why Modi's gambit failed. He shows us the way in which the problem can be rooted out, provided the government has the political will and determination to act. Today, the black economy is estimated to be 62 per cent of GDP-or about `93 lakh crore ($1.4 trillion). Corrupt businessmen, corrupt politicians, and corrupt members of the executive (bureaucrats, police and the judiciary) are responsible for controlling the black economy and enabling its growth. If the black economy were to be dismantled and turned into a part of the 'white' economy, the country's rate of growth would be 12 per cent. If it had not grown the way it has since the 1970s, India's per capita income today would be approximately `7 lakh per annum ($11,000) and India would become the second largest economy in the world. If the black economy were taxed at current rates, it would generate `37 lakh crore in additional taxes and the union budget would show a surplus of `31 lakh crore instead of a deficit. The failure of successive governments to tackle the problem effectively has been the single biggest obstacle to eradicating poverty. It is the cause of both widespread policy failure and the inability of the nation to improve its living conditions rapidly.
Author | : Arun Kumar |
Publisher | : India Portfolio |
Total Pages | : 344 |
Release | : 2022-05 |
Genre | : Business & Economics |
ISBN | : 9780143456407 |
Download Demonetization and the Black Economy Book in PDF, ePub and Kindle
Demonetization and Black Economy gives a blow-by-blow account of what happened and what were it s effects. This is a powerful book by India's foremost expert on black economy and public finance. The book is a no-holds-barred look into what happens to a nation when its own government devalues its currency. Also find out what were the social, political and economic costs to the nation. This is a hardhitting look at demonetization, and why it could be one of the worst mistakes made by an Indian government with serious social, political and economic consequences. --
Author | : Friedrich Schneider |
Publisher | : Cambridge University Press |
Total Pages | : 225 |
Release | : 2013-02-14 |
Genre | : Business & Economics |
ISBN | : 1107034841 |
Download The Shadow Economy Book in PDF, ePub and Kindle
This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.
Author | : |
Publisher | : |
Total Pages | : 286 |
Release | : 2019 |
Genre | : |
ISBN | : 9789350025789 |
Download The Black Economy in India Book in PDF, ePub and Kindle
Author | : Arun Kumar |
Publisher | : Penguin Random House India Private Limited |
Total Pages | : 228 |
Release | : 2017-12-20 |
Genre | : Political Science |
ISBN | : 9387326411 |
Download Demonetization and Black Economy Book in PDF, ePub and Kindle
On 8 November 2016, the prime minister announced the immediate cancellation of all Rs 500 and Rs 1000 denomination notes, wiping out 86 per cent of the currency in circulation. India's well-functioning economy went into a tailspin. This move, it was claimed, was made to wipe out corruption, deter the generation of black money, weed out fake Indian currency notes and curb terrorism. Overnight, people in India realized that the cash in their pockets had no value. A window of fifty days was granted to 1.3 billion people to convert their old notes into new ones. Businesses, especially in the unorganized sectors, came to a grinding halt. Patients in hospitals faced huge problems, farmers had difficulty buying inputs, weddings were scaled down, and fishermen watched their catch rot. Many lost their jobs and could not support their families. A year later, the RBI announced that 99 per cent of the old currency notes had been deposited with it. India continues to grapple with the effects of this move. The black economy has not been dented; counterfeiting and terrorism continue; the credibility of the RBI, banks and currency is damaged; the accountability of the Parliament and the prime minister has been eroded; and the social divide has widened. There have been many arguments and counter-arguments from both sides, but they have missed the complete picture. Demonetization and the Black Economy, for the first time, lucidly explains the story of demonetization along with its effects on the economy.
Author | : Suraj B. Gupta |
Publisher | : |
Total Pages | : 198 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |
Download Black Income in India Book in PDF, ePub and Kindle
Author | : Ajay Gandhi |
Publisher | : Cambridge University Press |
Total Pages | : 385 |
Release | : 2020-10 |
Genre | : Business & Economics |
ISBN | : 1108486789 |
Download Rethinking Markets in Modern India Book in PDF, ePub and Kindle
Using historical and ethnographic analyses, this book shows how Indian markets are embedded in society and politically contested.
Author | : Rafay, Abdul |
Publisher | : IGI Global |
Total Pages | : 650 |
Release | : 2021-03-18 |
Genre | : True Crime |
ISBN | : 1799855694 |
Download Handbook of Research on Theory and Practice of Financial Crimes Book in PDF, ePub and Kindle
Black money and financial crime are emerging global phenomena. During the last few decades, corrupt financial practices were increasingly being monitored in many countries around the globe. Among a large number of problems is a lack of general awareness about all these issues among various stakeholders including researchers and practitioners. The Handbook of Research on Theory and Practice of Financial Crimes is a critical scholarly research publication that provides comprehensive research on all aspects of black money and financial crime in individual, organizational, and societal experiences. The book further examines the implications of white-collar crime and practices to enhance forensic audits on financial fraud and the effects on tax enforcement. Featuring a wide range of topics such as ethical leadership, cybercrime, and blockchain, this book is ideal for policymakers, academicians, business professionals, managers, IT specialists, researchers, and students.
Author | : Devesh Kapur |
Publisher | : Oxford University Press |
Total Pages | : 326 |
Release | : 2018-06-13 |
Genre | : Political Science |
ISBN | : 019909313X |
Download Costs of Democracy Book in PDF, ePub and Kindle
One of the most troubling critiques of contemporary democracy is the inability of representative governments to regulate the deluge of money in politics. If it is impossible to conceive of democracies without elections, it is equally impractical to imagine elections without money. Costs of Democracy is an exhaustive, ground-breaking study of money in Indian politics that opens readers’ eyes to the opaque and enigmatic ways in which money flows through the political veins of the world’s largest democracy. Through original, in-depth investigation—drawing from extensive fieldwork on political campaigns, pioneering surveys, and innovative data analysis—the contributors in this volume uncover the institutional and regulatory contexts governing the torrent of money in politics; the sources of political finance; the reasons for such large spending; and how money flows, influences, and interacts with different tiers of government. The book raises uncomfortable questions about whether the flood of money risks washing away electoral democracy itself.