The latest salvo from the Centre on the shock and awe demonetisation excercise is that the move did not have an adverse impact on India’s buoyant economic growth story. This is contrary to the pessimistic expectations of economists, statisticians and bankers the world over – and not just those from the Left – that the sudden withdrawal of 86% of the currency in circulation before November 8 would cripple the country’s economy.
Some commentators expected that the Union Budget 2017-’18 would craft a sharp departure from earlier budgets of this government. This it would do to mitigate the immense suffering of millions of casual workers, farmers and small traders caused by the “shock and awe” of the astoundingly
Despite protracted and valiant struggles for women’s rights as workers, the workplace as much as the home remains unequal, unjust and unsafe for the large majority of women. Women the world over work harder and longer on an average than men, yet they are paid a fraction of what men receive.
Stung by charges that the government led by Prime Minister Narendra Modi works only to advance the interests of big business, it responded with the launch of three major social security schemes for the millions who are excluded from social protection as sterling evidence of its pro-poor credentials.