-The Hindu Cash in circulation and ATM withdrawals have only increased, RBI data shows Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and ?500 currency notes would no longer be legal tender. These notes constituted over 86% of the currency in circulation, then. One of the objectives of demonetisation was to move to a...
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Where prejudice is crime -Vrinda Grover
-The Indian Express Hashimpura verdict highlights the bias within police against religious minorities. It is a chilling coincidence that on October 31, a date that marks the assassination of Prime Minister Indira Gandhi in 1984 and the unleashing of state-engineered violence against the Sikhs, the Delhi High Court held 16 policemen of the 41st Battalion of UP Provincial Armed Constabulary (PAC) guilty of “the targeted killing by armed forces of the unarmed,...
More »Demonetisation: A circus, clowns and a silver bullet -James Wilson
-National Herald Two years after the disastrous demonetisation, the Prime Minister and his Finance Minister—even the fawning media— no longer speak of the ‘Demonetisation Dividend’. There has been none Two years back, on November 8, at around 8.30 pm, the Prime Minister of India, with his characteristic love for drama, unleashed on the country what he had then claimed was the one silver bullet which would eliminate the triple evils of...
More »CIC issues show-cause notice to RBI governor for non-disclosure of wilful defaulter's list
-PTI “The Commission feels that there is no match between what RBI Governor and Deputy Governor say" The Central Information Commission (CIC) has issued a show-cause notice to RBI Governor Urjit Patel for “dishonouring” a Supreme Court judgment on disclosure of wilful defaulters’ list. The CIC has also asked the Prime Minister’s Office, the Finance Ministry and the Reserve Bank of India (RBI) to make public the letter of former RBI governor Raghuram...
More »At current pace, Bangladesh to end extreme poverty by 2021 -Dipanjan Roy Chaudhury
-The Economic Times Bangladesh Prime Minister Sheikh Hasina, seeking reelection later this year, has vowed to eradicate extreme poverty by 2021 when the country celebrates 50 years of independence, riding on her success in alleviating poverty and pushing economic growth in a big way during the past decade. Her government has taken several steps to reduce poverty, and by analysing the poverty reduction rate for the past five years, one can expect...
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