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020 _a9780143028673
082 _223
_a330.954 KUM
100 _aKumar, Arun
245 4 _aThe Black Economy in India /
_cArun Kumar
250 _aRevised edition
260 _aNew Delhi :
_b Penguin Books ,
_c2017.
300 _a320 p. ;
_c 136 x 215 mm.
365 _b0.00
520 _aThis book analyzes the scale, causes, and macroeconomic consequences of the parallel or shadow economy in India. Written for the general reader by a leading public finance economist, the text outlines how the black economy grew significantly from 1991 to 2013 through a combination of legal and illegal activities, facilitated by a nexus of businesses, politicians, and bureaucrats. The revised edition specifically evaluates the impacts of the central government's November 2016 demonetization move and explains why structural reforms and public transparency are needed rather than simple currency-focused technical fixes.
650 _aBlack market
650 _aCorruption
650 _aInformal sector
650 _aTax evasion
942 _cVC OFFICE
999 _c70339
_d70339