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31st August - The Hindu Editorial - Part-1(in Hindi)
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Subhodeep Das
Dream of Achieving Big l YouTube & Facebook : UPSC360

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  4. Announcement After 31St August Lessons of September Editorials will be Uploaded in New Course. Enroll Follow me in Unacademy. THE HINDU EDITORIAL DISCUSSION September Please Share S. UBHODEEP

  5. Pride and foreign aid Money, money, money: on demonetisation The shale gas challenge TOI The Centre may not own up to the fiasco of demonetisation, but it could sort out wrinkles S. UBHODEEP

  6. Reserve Bank of India's annual report for 2017-18 reveals that 99.3% of currency notes that were demonetised at midnight on November 8, 2016 have returned to the banking system This is only marginally higher than its provisional estimate last year that over 99%-or 5.28 lakh crore worth of the old 500 and 1,000 notes-out of the 15.44 lakh crore that were in circulation at the time had been deposited by June 30, 2017 This makes a couple of things crystal clear. First, the hope that a large chunk of unaccounted money would not return to wholly belied. the system- arguably, the principal reason for the exercise was almost UBHODEEP

  7. Second, given the sheer logistical difficulty in penalising all those who converted unaccounted money into legal tender, demonetisation worked as an unintended amnesty scheme. Did not cause agitations- Gov. succeeded in portraying the move as one that would knock out the corrupt rich - a harsh but necessary shock therapy. This was perhaps why the massive disruption caused by the overnight removal of 86% of the currency in value terms Nevertheless, the RBl report, which points to a spurt in counterfeiting of the new K500 and 2,000 notes, raises the old question all over again. S. UBHODEEP

  8. Was it worth the slowdown in growth, the damage to informal sector supply chains, and job losses in sectors such as construction that were the bulwark of employment creation for the unskilled? There have been some benefits the number of income tax returns filed has surged a little over he trend growth rate But surely this could have been achieved by other policy measures. UBHODEEP

  9. Cashless modes of payment have become more common, but financial savings in the form of currency have also risen, suggesting that people still value cash Need- focus on fixing the problems that people still face transactions with 2,000 notes in the absence of R1,000 notes are difficult as it is a departure from the currency denomination principle (every note should be twice or two and a half times its preceding denomination) Even as these issues are sorted out, the larger lesson must be heeded: sudden shocks to the economy don't always vield intended policy objectives UBHODEEP

  10. Pride andforeign aid Shocking negligence: on need for materio-vigilance The shale gas challenge A faulty prosthetics issue shows the need for a materio-vigilance programme to track devices -. | . S. UBHODEEP

  11. The company claims it had trouble tracking patients in India; of 4,700 implants done, only 1,032 recipients had been contacted till March 2017. J&J paid $2.47 billion in claims to about 8,000 patients in the U.S, but no Indian patient received compensation. Though the global recall occurred in 2010, the drug regulator did not issue an alert until 2013 The authorities must show that when private corporations fail to protect patient interests, they will be held accountable. UBHODEEP