-Hindustan Times While demonetisation was subsequently described as a policy boost to promoting digital payments, the original policy had very different stated targets. November 8, 2021 marks five years of demonetisation in India. On this day in 2016, in a televised address at 8 pm, Prime Minister Narendra Modi declared that currency notes of ₹500 and ₹1000 -- these two denominations were 86% of the currency in circulation at the time in...

 -Scroll.in There must be consultation and greater co-ordination between the Reserve Bank as the regulator of money supply and the government as the sovereign. While the entire Indian economy was disrupted by the demonetisation exercise announced on November 8, 2016, removing high-value currency notes overnight, it simultaneously stirred a serious controversy on the role of Reserve Bank of India as the principal regulator of money supply in India. In understanding the controversial conduct...

-Scroll.in The shock move devastated India’s informal economy. Many small businesses never recovered, as a supply chain at the intersection of diamonds and plastic shows. Up till 8.30 pm on the night of November 8, 2016, Muniram Yadav was blissfully unaware of the announcement that had shaken the country just thirty minutes before. He was engrossed in work, in a tiny workshop in Mumbai’s Sakinaka suburb, supervising four labourers as they carried...

-Scroll.in The police have invoked the stringent law against over 100 social media users, including journalists, for posting about the unrest. The Editors Guild of India on Sunday criticised the filing of charges under the Unlawful Activities (Prevention) Act against 102 people, including journalists, for reporting and writing on the communal violence that took place in Tripura in October. The Tripura Police have invoked the anti-terror law against the social media account holders...

-Scroll.in The Suriya-led legal drama is based on an actual incident of police brutality in Tamil Nadu. Tha Se Gnanavel’s phone has been ringing non-stop ever since his movie Jai Bhim started streaming on Amazon Prime Video on November 2. “I thought people would say this is a good film, but the response has been far more than expected,” Gnanavel told Scroll.in. “The film has now has led to a discussion. In...