-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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2 years of demonetisation: Whopping 60% Indians say black money is back to full scale -Pragya Srivastava
-The Financial Express A whopping 60% Indians said that black money in the country has not died; in fact, its circulation is going to only increase before the 2019 General Elections, a survey by LocalCircles showed. Two years of demonetisation: Two years ago, when 125 crore Indians glued to their television screens desperately awaiting a surprise address by the Prime Minister of India, little did they know that he was going to...
More »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...
More »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”...
More »No 'less cash' two years post note ban
-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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