The Black Economy in India - With a New Prologue on Demonetization

The Black Economy in India - With a New Prologue on Demonetization (English, Paperback, Kumar Arun)

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The Black Economy in India - With a New Prologue on Demonetization  (English, Paperback, Kumar Arun)

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51 Ratings & 7 Reviews
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    Highlights
    • Language: English
    • Binding: Paperback
    • Publisher: Penguin Books India Pvt Ltd
    • Genre: Business & Economics
    • ISBN: 9780143028673, 9780143028673
    • Pages: 384
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    Description

    In 1990-91, according to various estimates, the black economy constituted about 35 per cent of the national economy, which was larger than either its primary or secondary sectors. Since then black income generation has increased not only through both legal (real estate transactions, the share market) and illegal (hawala, financial scams, gold smuggling) activities but also via instances of corruption. The New Economic Policies expected to counter its growth have been unsuccessful in containing it. In this empirically rich and finely argued book, Arun Kumar critically examines the standard explanations for the causes and consequences of black income generation and the methods suggested for curbing it. His incisive analysis lays bare the pernicious effects of black income on the macro economy and the resultant inefficiency, waste and sub-optimality in the economy and society. It also spotlights the role of criminalization and the emerging nexus of the businessman, politician and bureaucrat in perpetuating the black economy. Showing the limited success of technical remedies like the VDIS, Arun Kumar argues in favour of structural remedial measures, which include empowering people through a right-to-information act. This revised edition has a foreword by ex-Prime Minister V.P. Singh and new appendices on employment and income in illegal activities in India and money laundering.

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    Specifications
    Book Details
    Imprint
    • Penguin Books India
    Publication Year
    • January
    Book Type
    • Non Fiction Book
    Dimensions
    Height
    • 198 mm
    Length
    • 126 mm
    Frequently Bought Together
    1 Item
    240
    2 Add-ons
    614
    Total
    854
    Ratings & Reviews
    4.4
    51 Ratings &
    7 Reviews
    • 5
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    • 3
    • 2
    • 1
    • 32
    • 12
    • 5
    • 0
    • 2
    4

    Nice product

    Good book lot of information about banking and currency.
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    V B Raju Cheekatla

    Certified Buyer, Rangareddy District

    May, 2018

    2
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    1

    Text Book

    I had heard the author speak a few months ago and that encouraged me to buy this book. However, the author being a professor of economics, has the written this extensive piece like a textbook. Buy it only if you intend to sit down with a pen & pencil and wish to make notes for an exam.
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    sarah%20 ashraf

    Certified Buyer, Pune

    Sep, 2014

    1
    6
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    4

    Value-for-money

    Good book to tackle economy in our country. Will be useful for upsc mains perspective
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    vyshakh Gopinadhan

    Certified Buyer, Palakkad

    Feb, 2019

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    5

    Excellent

    for understanding and for getting a critical understanding with deep knowledge fo for it.
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    FIROJ BISWAS

    Certified Buyer, Berhampore

    Aug, 2018

    0
    0
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    3

    Decent product

    Got it for 13 rupees only
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    rahul talukdar

    Certified Buyer, Pathsala

    May, 2018

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    0
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    5

    Terrific purchase

    must buy
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    Abhishek Arora

    Certified Buyer, Sri Ganganagar

    May, 2018

    0
    0
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    5

    black economy in india

    The delivery was fast enough, packaging was commendable, condition of the book was more then a new one....
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    Arun Sharma

    Certified Buyer, Amritsar

    Apr, 2014

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    All 7 reviews
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