A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Iyer, Anuraag P.
- Demonetization Whether the Stated Objectives have been Met with or Not:An Analysis of Success of the Move in the Present and the Future Prospective
Authors
1 Symbiosis Law School, NOIDA, Symbiosis International University 20130, IN
Source
Indian Journal of Economics and Development, Vol 5, No 6 (2017), Pagination: 1-9Abstract
Background/Objectives: Demonetization has had a great impact on the nation’s economy. One of the major parts of this was multiple economic concepts that were looked at prospective growth. There is a fundamental need to evaluate if the aimed objectives were met with.
Methods/Statistical Analysis: A major part of the study was carried out by the method of secondary research and data collection from secondary sources
Findings: Section 39(2) the point so highlighted that the supply so created when the currency notes were removed was not filled.
In agriculture the reason behind the existence of the growth rate in spite of the adverse effects of demonetization has been from 0.8%in FY16 to the current year, in Public Administration too there has been an observation of growth and this can mainly be attributed to the 6.9% to 11.22%."
"However every other sector has been adversely affected due to the move have been the sectors as below:
Mining: Decline in growth rate-12.3 % to 1.3 %
Financial and Real Estate Sector: 10.8 % to 6.5%
Manufacturing Sector: 10.6% to 7.7%
The Gross Domestic Capital Formation (GDCF) has had a steady decline from 29.2%to 26.9% and that is the lowest it has hit in 15 years.”
Improvements/Applications: In the case of demonetization there is a major need for the objectives being met with. To achieve these objectives one of the fundamental principles shall be as per the guidelines proposed by proposer of the scheme Anil Bokil.
Keywords
Multiplier Effect, Monetary and Fiscal Policy, Anikbokil Proposal, Cashless and Black Money Concept.Full Text
References
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- India's Rs. 500 And 1,000 Demonetization is lowering interest rates and also inflation. https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/timworstall/2016/11/17/indias-rs-500-and-1000-demonetisation-is-lowering-interest-rates-and-also-inflation/&refURL=https://www.google.co.in/&referrer=https://www.google.co.in/l. Date accessed: 17/11/2016.
- Cashless society – digital payments demonetizationcivils daily. http://www.civilsdaily.com/story/cashless-society/ Date accessed: 03/01/2017.
- The man who gave modi the idea of demonetisation slams implementation.http://mumbaimirror.indiatimes.com/mumbai/cover-story/The-man-who-gave-Modi-the-idea-of-demonetisation-slams-implementation/articleshow/55551131.cms. Date accessed: 22/11/2016.
- Television I. T. http://indiatoday.intoday.in/video/demonetisation-pm-narendra-modi-black-money-amartya-sen-on-note-ban-modis-napoleon-moment/1/854340.html. Date accessed: 10/01/2017.
- Why a parliamentary act – or ordinance – is needed for demonetisation. https://scroll.in/article/823126/why-a-parliamentary-act-or-ordinance-is-needed-for-demonetisation. Date accessed: 28/12/2016.
- Demonetisation and informal sector: Indian economy was slowing note ban compounded problem. http://www.financialexpress.com/opinion/demonetisation-and-informal-sector-indian-economy-was-slowing-note-ban-compounded-problem/577719/. Date accessed: 07/03/2017.
- Demonetisation effect: GDP growth enters slow lane in Q4 at 6.1% .http://www.business-standard.com/article/economy-policy/demonetisation-effect-gdp-growth-enters-slow-lane-in-q4-at-6-1-117053101684_1.html. Date accessed: 01/06/2017.
- Institutionalizing Environmental Protection: An Indian Perspective
Authors
1 Symbiosis Law School, NOIDA, Symbiosis International (Deemed) University, Pune-201301, IN
Source
Indian Journal of Economics and Development, Vol 6, No 12 (2018), Pagination: 1-4Abstract
Background/Objectives: To expose the issues that subsist as a part of the implementation of environmental protection norms embedded in instruments like the Sustainable Development Goals and the Paris Agreement. To add, this study seeks to make suggestions on steps that may be taken to ensure that the process of environmental protection becomes more structured so as to protect the interest of all stakeholders involved.
Methods/Statistical analysis: The study involves the collection of the secondary data available from the Websites of Government of India and the reports obtained from the websites of United Nations (UN) and World Health Organization (WHO). This data has further been analyzed and is being verified with respect to the adaptability of India with the Sustainable Development Agenda and how pollution stands as a major barrier in its achievement.
Findings: There are 2 fold findings that can be recorded from the abovementioned analysis:
1. India has a very high level of air pollution and the statistics indicate that the air pollution has adversely and negatively affected the mortality rate of India.
2. Indian policies, as well as global policies have no mechanisms to institutionalize the process of climate protection at the level of each stakeholder.
Improvements/Applications: The creation of a pre-legislative consultation mechanism is the need of the hour today. To curb pollution within the country, there is a vast requirement of developing innovative ideas to ensure that air pollution is controlled at the level of an institution, community and individual. Such ideas can only be put forward with the help of an innovative pre-legislative consultation mechanism in place. There is also a need to address the problems faced by the global stakeholders. The same can be done through the means of creating a global consultation process that is institutionalized as well when it comes to drafting global policy drafting.
Keywords
Paris Agreement, Industrial Pollution, World Health Organization, Mortality Rates, Pre-Legislative Consultation, Institutionalization.Full Text
References
- Paris agreement. http://unfccc.int/paris_agreement/items/9485.php. Date accessed: 22/10/2018.
- World Health Organization.Monitoring Health for SDG's. http://apps.who.int/iris/handle/10665/255336. Date accessed: 2017.
- A special report on global exposure to air pollution. India: State of Global Art.http://ccacoalition.org/en/resources/state-global-air-2017-special-report-global-exposure-air-pollution-and-its-disease-burden. Date accessed: 2017.
- Out of Sight:How coal burning advances India’s Air Pollution Crisis.https://www.greenpeace.org/india/en/issues/clean-energy/924/out-of-sight-coal-burning-india-air-pollution-crisis/. Date accessed: 23/05/2016.
- P.P. Bhave. Air pollution and control legislation in India: research gate.Journal of The Institution of Engineers (India): Series A. 2015; 96(3), 259-265.
- Sustainable Development Agenda 2030. https://www.un.org/sustainabledevelopment/development-agenda/. Date accessed: 13/07/2018.
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- A road map for global environmental assessments. https://www.nature.com/articles/nclimate3307. Date accessed: 31/05/2017.
- Effective Decision Making: when to engage the team (or not)? https://leadersyndrome.wordpress.com/2013/10/13/effective-decision-making-when-to-engage-the-team-or-not/. Date accessed: 13/10/2013.
- Sustainability Agenda 2030:Maintaining a Balance Between Goal No: 9 and Goal no 15 in the Real Estate Sector
Authors
1 Symbiosis Law School, NOIDA, Symbiosis International (Deemed) University, Pune-201301, IN
Source
Indian Journal of Economics and Development, Vol 7, No 4 (2019), Pagination: 1-5Abstract
Background/Objectives: To identify the balance between Goal No. 9 which is the Right to infrastructural development and Goal No. 15 which is the Right to Clean and Healthy Environment in light of the Real Estate Regulation and Development Act.
Methods/Statistical analysis: The method that has been adopted as a part of the analysis includes secondary research and legal analysis with the means of various governmental reports, UN reports and official reports of NGO’s.
Findings: There are two-fold findings that can be recorded from the abovementioned analysis: Firstly, according to data collected there has been a decline in gross value (as per the report given by the Research and Information Systems of Developing Countries) negating the objective given under a Goal No. 9. With rapid deforestation rates, there is a legitimate cause with reference to the applicability of protection being successful under Goal No. 15.
Secondly, according to the research conducted there seems to be also an indication of anomaly in the interpretation of the legal provisions of Real Estate (Regulation and Development Act, 2016 (herein referred to as ‘RERA Act’).
Improvements/Applications: The improvements suggested include the interpretation to ambiguities be carried out keeping in mind the interests of the homebuyers. Secondly creation of an efficient policy making mechanism involving relevant stakeholders and judicial impact assessment through the means of pre-legislative consultation.
Keywords
Goal No.9- Sustainable Development Goals, Goal No. 15- Sustainable Development Goals, Deforestation, Infrastructural Development, Rera 2016.Full Text
References
- The Real Estate (Regulation and Development) Act. http://legislative.gov.in/sites/default/files/A2016-16_0.pdf. Date accessed: 25/03/2016.
- P. Joshi. Law Relating to infrastructural projects. Butterworth India. 2003.
- Sustainable Development goal no 15. https://www.un.org/sustainabledevelopment/sustainable-development-goals/. Date accessed: 05/09/2018.
- Ministry of Environment and Forests. India and Multilateral Environmental Agreements (MEAs): A Summary. http://www.moef.nic.in/downloads/public-information/2010-08-28-Note%20on%20India%20and%20MEAs.pdf. Date accessed: 28/08/2010.
- Achieving the sustainable development goals in India a study of financial requirements and gaps. https://www.devalt.org/images/L3_ProjectPdfs/AchievingSDGsinIndia_DA_21Sept.pdf. Date accessed: 08/2015.
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- Kinkri Devi vs. State AIR 1998 HP 4. https://indiankanoon.org/doc/837514/. Date accessed: 29/05/1987.
- Ministry of Housing & Urban Poverty Alleviation, Real Estate. https://currentaffairs.gktoday.in/tags/ministry-of-housing-urban-poverty-alleviation-hupa. Date accessed: 01/05/2017.