Today as we get ready to celebrate the First Anniversary of Demonetisation, it is inevitable that the question will be asked: has the momentous decision confirmed Narendra Modi’s place in India’s history? After all, the paramount leader of the BJP does not want to be remembered merely as an also-ran Prime Minister.
The prime minister’s 8 November address last year de-legitimising the Rs 500 and Rs 1,000 currency notes was a historic occasion; he promised the nation that he was taking this extraordinary step to make India free of black money and fake currency, to put an end to the twin menace of corruption and terrorism in one stroke.
Possibly, Modi had taken a cue from his predecessor Prime Minister Indira Gandhi who had taken a similarly historic decision almost five decades ago by resorting to bank nationalisation with a vow to put an end to poverty.
But there is a crucial difference between the bank nationalisation move and demonetisation move, in terms of both politics and economics…
Can you believe it's already been a year since we've used our old Indian Currency notes ? Congratulations on surviving one year since the night our hlives all changes for the better - or worse.
The only difference are the new fluorescent pink Rs. 2000 notes, olive green Rs. 500 notes, Sunflower yellow Rs. 100 notes and sky blue Rs. 50 notes.
Put them all together and you wouldn't even know whether they belonged to Monopoly or a country's currency.
Students and parents fear the recent delays in results which jeopardised the lives of lakhs of students might be repeated in the winter semester examinations of the Mumbai University (MU). Though the university claims to have tightened all the loose strings in the online assessment process, the fact that the same agency is managing the assessment — MeritTrac — is building up a constant fear among students. MU says that they have solved all technical glitches and that the process will be as smooth as ever but students are in doubt as a mistake that has happened once can surely happen again.
According to a tradition still prevalent in this district of Kerala, children who died before the age of 18, i.e, before they could experience worldly pleasures are married off in order to prevent anything bad happening to their families.
However, since some of these children died when they were infants, their effigies, dressed in the clothes of the bride and groom are married.
This is known as Pretha Kalyanam.
SOURCE - TheNEWMinute
NOTE - The current law says it is mandatory to stand while the Anthem is being played. So if in case this law gets abolished : Q. 2A - Would you still have a problem with the National Anthem being played in theaters if you weren't required or '' forced '' to stand ? Q. 2B - Would you still stand for the National Anthem (on your own, out of your own free will) when it's being played in theaters?
Around 1.5 million jobs were lost in the beginning of the year (January to April 2017) according to a new survey put out by CMIE. The job losses were said to be concentrated in the younger age group bracket, reflecting an economic slowdown.
India has jumped 30 places in the ‘Ease of Doing Business’ ranking. What does this mean for India? This sends a huge message to the investor community. It is a real breakthrough in terms of ease of doing business in India. Insolvency and Bankruptcy code was always a major concern for investors, both international and domestic, where we have improved.
World Bank has recognised improvement in the time taken and costs for trading across borders, though rank has not improved. The message is very clear – that India is not only serious about the ease of doing business reforms but the results are also showing.