Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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Recent India research

* India: The return of farm loan waivers, Amitabh Dubey, 28 Apr 2017
* Indian Reserve Bank seeks to regain its own voice, Shumita Sharma Deveshwar, 20 Apr 2017
* India: Hindu hardliners on the ascendant, Shumita Sharma Deveshwar, 24 Mar 2017
* India: The political consequences of Modi’s state election victory, Amitabh Dubey, 17 Mar 2017
India: On the road in Uttar Pradesh: Modi’s BJP set to win key election India: On the road in Uttar Pradesh: Modi’s BJP set to win key election, Shumita Sharma Deveshwar, 8 Mar 2017

See all our India research >>

India: Black money crackdown to hurt near-term economic growth

Overview

In an unexpected measure, Prime Minister Narendra Modi on 8 November announced that Indian higher-denomination currency notes will no longer be legal tender and must be exchanged by year-end at banks. This throws a highly cash-dependent economy into temporary disarray even though the move has long-term benefits for modernizing India’s large informal economy....

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