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The new moral economy: demonetisation, digitalisation and India's core economic problems

By: Sood, Atul.
Contributor(s): Baruah, Ashapurna.
Material type: materialTypeLabelArticlePublisher: 2017Description: p.31-36.Subject(s): Black money - India | Currency devaluation - India | Currency devaluation In: Economic and Political WeeklySummary: Convincing billions of Indian citizens that demonetisation and digitalisation is a panacea for the country's growth challenges and a solution to its core economic problems requires constructing a new moral economy, and a "different" imaging of India in the minds of the people. Incorrect economic arithmetic and the illusion of digitalisation are not the only problems to be negotiated. The moral political project overtly and covertly being attempted, is of far greater significance. - Reproduced.
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Articles Articles Indian Institute of Public Administration
Volume no: 52, Issue no: 1 Available AR113612

Convincing billions of Indian citizens that demonetisation and digitalisation is a panacea for the country's growth challenges and a solution to its core economic problems requires constructing a new moral economy, and a "different" imaging of India in the minds of the people. Incorrect economic arithmetic and the illusion of digitalisation are not the only problems to be negotiated. The moral political project overtly and covertly being attempted, is of far greater significance. - Reproduced.

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