With so much talk about black in 6 Verses That Can Change Your Life recent times a book like this helps a layman understand what it actually stands for within the Indian context Devoid of economics jargon this book by Prof Arun Kumar who hasesearched the black economy in India since 40 years is a must Lets Be Just Friends (Just Friends, read This is not for the cool out of context free market congregants who see the private sector as the panacea to all inefficiencies and black markets within the Indian system Prof Arun Kumar secommendations are very old fashioned and statist but uite sober However there is not much A Mother and Daughter Diary of Raw Food Recipes for Beginners rigour that a 120 page work can offer so it comes across as a benevolent pamphlet than a work that can be taken uite seriously Still the difficulties in separating white and black money within the system and the deleterious effects of black money areeasonably well drawn within its narrow precinctsCounterpoints are merely dismissed and not discussed in detail at all The 2016 demonetization is bashed but treated as a well intentioned exercise that with the wisdom offered by a bit hindsight and the author s own implied diabolism of the political class seems suspect The book also suffers from mediocre editing writing and conceptualization at least demonstrated by the egregious brandy analogy
with espect to emphasizing the necessity of estimations of black money s contribution to the respect to emphasizing the necessity of estimations of black money s contribution to the And the Rs 399 price is daylight obbery An unparalleled book that helps understand the Black Economy India is uniue in creating a huge and growing currently 65% of the total paral. The Narendra Modi government's sudden demonetization of '500 and '1000 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 ooted out provided the government has the political will and determination to actToday the black.
Arun Kumar ↠ 2 SummaryBlack money and black economy He also takes a brief look
atPM Modi s demonetisation Inevitably bcoz of its length such books leave one dissatisfied Still a good introduction to the Thankfully didnt spend money on it as it was avail in Kindle Unlimited After demonetization of 2016 when there have been lots of talks on black money this book is supposed to be timely busting lots ofPM Modi S DemonetisationModi s demonetisation bcoz of its length such books leave one dissatisfied Still a good introduction to the
Myth And Providing Some Groundbreakingand providing some groundbreaking analysis Sadly the book fails to cover new grounds that I have not already ead in umptee This book is not for a layman The author has effectively started the book by counting on the story of the blind men and an elephant Ironically after eading book we may also feel ourselves as one of blind men who got the tail of elephant and assumed it as a broom For example the author has correctly identified the problem of black economy as a triad of corrupt businessmen corrupt politicians and corrupt members of the executive he fails as I understood to give a specific way by which this triad can be eliminated It is better if we see this book only as an opinion book ather than a eference book for an economics student An excellent primer on the overall nature of the country s black economy This is not in any way a thorough work though it is uite clear that the author is ualified to pen one It s a tiny book that serves its purpose Personally it allowed me to develop a framework to process the events that take place in the black economy Recommended to all as it is written in a very simple style. Akh per annum 11000 and India would become the second largest economy in the world If the black economy were taxed at current ates it would generate '37 lakh crore in additional taxes and the union budget would show a surplus of '31 lakh crore instead of a deficitThe 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 apid. .
Lel economy Prof Arun Kumar
Has Acknowledged Expertise This Relativelyacknowledged expertise this elatively
area and explains howand explains how different terms used loosely to depict the have deep and nuanced implications Great book for anyone emotely interested in economics One should gift a copy to 56 before he starts another ound of Demon A simple straight forward work on what needs be said on Black economy without bogging down statistics Relevant to times when we are waging a war against our own shadows Short crisp and to the point analyses of the Black Economy that has afflicted India It is well esearched and the conclusions about demonetisation are interesting The prescription however is shallow Initial chapters were well esearched outlining definition of Black Economy and it s variations and comparison with est of the world However as the author delves into finding solutions to it he miserably fails and makes broad propositions with no logical correlations to it Further the tone and tenor of the book is totally negative on every initiative taken so far Be it bringing PAN which he vehemently idicules but fails to suggest any obust alternative and same with Demonetization This felt like a long blog or magazine article a long Caravan Indian news magazine cover story Have ead a few 200 page large font books lately but this one is even half of those at 100 pages Or maybe it will feel like a poor cousin of Gurcharan Das s books loved his India Grows At Night on a similar themeThe author talks of the origins growth functioning and emedies of. Economy is estimated to be 62 percent of GDP or about '93 lakh crore 14 trillion Corrupt businessmen corrupt politicians and corrupt members of the executive bureaucrats police and the judiciary are esponsible 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 ate of growth would be 12 percent If it had not grown the way it has since the 1970s India's per capita income today would be approximately '7 ,different terms usedterms used to depict the