Demonetisation

Three years after demonetisation, a 75-yr-old realises her money is worth nothing

January 05, 2020 11:23 am

"Who can make savings invalid like this? Why should people save money then?”

No, Rs 2,000 notes are not being withdrawn for Rs 1,000 denomination

December 17, 2019 10:54 am

A WhatsApp message claiming the Rs 2,000 notes will be demonitised first began doing rounds when an RTI application revealed in October that the RBI has stopped printing the notes. This gave rise to wide-spread rumours that the government is planning to demonetise the currency.

'No need to worry': MoS Anurag Thakur on reports of govt withdrawing Rs 2000 note

December 11, 2019 2:42 pm

Anurag Thakur told the Rajya Sabha that objectives of demonetisation were flushing out black money, eliminating fake currency notes, and boosting digitisation.

Akhilesh, Mayawati blame note ban for ‘slowdown, unemployment’

November 09, 2019 6:07 am

BSP chief Mayawati tweeted “The Central government without any preparation announced demonetisation... The note ban is the main cause for increasing unemployment and worsening of the economy...”

Demonetisation three years later: Cash in circulation up 25.6% to record high of 22.57L cr

November 09, 2019 4:31 am

The Rs 4,60,000-crore rise in the currency in the system in the past three years indicates that cash is still ruling the roost in the financial system despite the big push in digital transactions and less cash economy.

Demonetisation led to economic disaster: Opposition

November 09, 2019 12:19 am

While Congress chief Sonia Gandhi said demonetisation was a “Tughlaqi blunder” inflicted by a “tyrannical government” that wiped out over 1 crore jobs, West Bengal Chief Minister Mamata Banerjee said it led to an “economic disaster”.

Sonia Gandhi on note ban: Will ensure nation never forgets or forgives 'Tughlaqi blunder'

November 08, 2019 5:20 pm

On the third anniversary of demonetisation, Sonia also said that PM Modi and his ministers have never taken responsibility for the "faux pas" that claimed over 120 lives and proved a death knell for medium and small businesses.

SP will be in power in UP in 2022, wounds of demonetisation now deeper: Akhilesh

November 08, 2019 5:00 pm

"The wounds of demonetisation and GST have now become deeper. In 2022, it will be Samajwadi Party government in the state," Yadav said.

Demonetisation a 'terror attack': Rahul Gandhi on three years of note ban

November 08, 2019 12:58 pm

"It’s three years since the demonetisation terror attack that devastated the Indian economy, taking many lives, wiping out lakhs of small businesses & leaving millions of Indians unemployed," Rahul Gandhi tweeted.

3 years after demonetisation: Security features delayed as Govt and RBI juggle currency printing, demand

November 08, 2019 9:17 am

Minutes of the last meeting of the Strategic Planning Group of the Currency and Coins Division of the Ministry of Finance, held on June 3, show that printing and bank note paper stock situation continue to be in flux after demonetisation.

‘Think of it the other way, not about govt raiding RBI, but how RBI could have behaved differently’

December 23, 2018 6:21 pm

In this edition of the Idea Exchange, Former Chief Economic Adviser Arvind Subramanian talks about demonitisation, defends GST, explains the reasons why growth has not been robust and reflects back on his tenure as Chief Economic Adviser of India.

The Agrarian Unrest Part 1: This could be the Narendra Modi government’s biggest problem

November 29, 2018 11:22 am

Thousands of farmers from across the country have taken to the streets. ‘Dilli chalo’ is their slogan. What do they want? And is agrarian distress this government’s biggest problem? Harish Damodaran explains.

Why a leader is aligning with someone is more important that who aligns with who; Mamata Banerjee has a major role: Amit Mitra, Bengal Finance Minister

November 26, 2018 6:37 pm

Bengal FM Amit Mitra talks about demonetisation, the problems with GST, failing Centre-state relations, the need for protecting and building institutions such as the RBI and CBI, investments in the state, and what the BJP “doesn’t get about Bengal".

Express Eye for Detail Ep 12: Two years of demonetisation, the Diwali mess and Faizabad renamed as Ayodhya

November 12, 2018 9:37 am

Two years on, The Indian Express learns that RBI did not approve of demonetisation and more about the week’s top stories in Express Eye for Detail episode 12.

How demonetisation and GST hit MSMEs: News in Numbers

November 08, 2018 8:52 am

Two years on, we look at how demonetisation (and GST) had an adverse impact on micro, small and medium enterprises or MSMEs. Here are some of the concerns that MSMEs are dealing with.

Demonetisation, a success? Is it still a question: News in Numbers

August 30, 2018 1:27 pm

The shortage of cash, decline in GDP, loss to small businesses and daily-wage workers - was it all worth it if most of the demonetised money is back in the system?

Rahul Gandhi Has A New Avatar!

November 03, 2017 8:31 pm

Demonetisation: RBI recovers almost all banned notes

August 31, 2017 11:29 am

Nitish Kumar Underlining "Maximum Opposition Unity" Was The Need Of The Hour In The Month Of Feb

July 27, 2017 12:30 pm

Rs 1,000 Notes To Be Back In A New Avatar: Here's All You Need To Know

February 21, 2017 5:59 pm