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Fake currency network intact -Vijaita Singh

-The Hindu But forensic reports say notes are of poor quality, security features not copied Two years after demonetisation, the fake currency notes seized so far are not of a high quality, a probe by the National Investigation Agency (NIA) has found. Another Home Ministry official said the network of same fake currency operators was still intact as two years ago, that pushed fake notes from the Bangladesh border. But there was not...

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Demonetisation, GST held back growth: Raghuram Rajan

-PTI Says 7% growth not enough; centralisation of power a problem. Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India’s economic growth last year, former RBI governor Raghuram Rajan has said, asserting that the current 7% growth rate is not enough to meet the country’s needs. Addressing an audience at the University of California in Berkeley on Friday, Rajan said for four years — 2012...

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Demonetisation disrupted the life of every Indian -- and failed all of its stated goals -Meera H Sanyal

-Scroll.in On the second anniversary of the note ban, banker Meera Sanyal shares her experience of writing a book on the Government’s great blunder. Some incidents are hard to forget – the death of a loved one, the moment one falls in love, the birth of a child. They remain etched in our memories with a vividness that transcends time. Occasionally, there is an incident that imprints itself on the collective memory...

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Two years after demonetisation: A look at what has happened so far

-The Indian Express Two years after demonetisation came into effect on November 8, 2016, the BJP-led Government continues to defend the move meant to "wipe out illegal money" while the Opposition terms the step as "ill-advised" and "Tughlaqi". Two years after demonetisation came into effect on November 8, 2016, the BJP-led Government continues to defend the move meant to “wipe out illegal money” even as the Opposition terms the step as “ill-advised”...

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Havoc unleashed by demonetisation evident to everyone now, says former PM Manmohan Singh

-ThePrint.in In a statement issued on the second anniversary of demonetisation, former PM Manmohan Singh urged against ‘unorthodox, short-term economic measures’. Today marks the second anniversary of the ill-fated and ill-thought demonetisation exercise that the Narendra Modi Government undertook in 2016. The havoc that it unleashed on the Indian economy and society is now evident to everyone. Notebandi impacted every single person, regardless of age, gender, religion, occupation or creed. It is often...

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