-The Hindu Deposits in Jan Dhan account have more than doubled to Rs. 87,000 crore in 45 days post demonetisation, prompting the tax department to “dissect” information relating to such deposits, a top government official said. Besides, the tax department also has data on small cash deposits between Rs.30,000-50,000 made in 4.86 lakh accounts totalling to Rs. 2,000 crore. Between November 10 and December 23, 2016, the total deposits reported is Rs. 41,523...

-PTI New Delhi: The CPI on Monday welcomed Supreme Court holding that appeal for vote on ground of religion amounts to "corrupt practice", but said the issue of caste and language needs to be addressed "carefully". The party also wondered if the order can be taken as negation of the apex court's earlier verdict that Hinduism is a "way of life". Monday's verdict also held that appeal for voting on the grounds of...

-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...

-TheWire.in Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say. New Delhi: It’s time to call it the Reserved Bank of India. Fifty days after the board of India’s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India’s cash stock,  the Reserve Bank of India has said the reasons for...

-The Indian Express For the poor, with little cash in the first place, digital promises to ‘swipe’ them out, before their marginalisation is even addressed. Demonetisation is, by its very nature, an autocratic, coercive step. The demonetisation of November 2016 has affected every single Indian. We are, as usual, persuaded to bear the pain and suffering, to “sacrifice” for the nation. The rhetoric continues but it now seems clear that the objective...