Documenting 21st Century - India and the World

  Modi announced his decision to repeal regressive farm laws that have been causing social and political instability in country since last one year. A summary of controversies about these farm laws is in first part of this long article. To be very brief, the farm laws were seen as Neoliberal regulations that will dilute govt accountability & participation in Agriculture sector and empower private corporations to participate (or exploit) in the sector more freely. The laws were also seen dictatorial as they were passed without consultations with ruling opposition parties in several states, and passed without proper parliamentary procedures and careful scrutiny.  The farm laws have been causing mass protests in India, specially North India which is the bastion of much of the Agriculture production. Many farmers have died in brutal crackdown by Police in several states and it created a lot of negative sentiment against the regime among farming community of North Indian states which

  Old Demonetized currency   With 5 years anniversary of Demonetization, i don't think i have anything more to add to my longstanding criticism of this foolhardy, extremely reckless and destructive economic decision. Demonetization was a self imposed bankruptcy of country by extinguishing 86% of its currency overnight in a national economy where more than 90% of financial transactions are in hard cash currency. Book by Yashwant Sinha has documented the collapse of the economy by severe shock therapy of Demonetization. You can read in it how Demonetization destroyed the economy, its various sectors, destroyed the livelihood of people, the businesses, the industry, damaged the organized sector and well as unorganized sector of economy.    The damage to the economy started from the bottom at small scale enterprises, agriculture sector, MSMEs, self employed daily wage workers and within a year, the damage reached to the organized core sector of economy like Corporate, Banking, Auto, R