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Why Modi laughed so much in the wake of Demonetisation -Ranjona Banerji

-National Herald Why do we cry now that this government doesn’t care about those who suffered and died from Covid? They felt nothing as millions of Indians struggled after notebandi on Nov 8, 2016 The anniversary of Narendra Modi’s demonic demonetisation is tomorrow, November 8. If people really ever believed that “Acche din” (good days) and “vikas” (development) were on their way, they knew in their heart of hearts at 8 pm...

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Five years since demonetisation: What has changed? -Roshan Kishore

-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...

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The Govt Has Spent Crores But Failed to Find a Viable Alternative to Stubble Burning in Punjab -Vivek Gupta

-TheWire.in In the last four years, a total of Rs 1,050.68 crore was given to Punjab, of which Rs 235 crore was released in the financial year 2021-22; however, the field fires are far from over in the state. Chandigarh: Despite the Union government spending over Rs 2,000 crore to tackle stubble burning over the last four years, the issue continues to smother north India, leading to severe dips in air quality...

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From diamond to dust: Five years after demonetisation in India -Aarefa Johari & Rohan Venkataramakrishnan

-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...

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Demonetisation: A circus, clowns and a silver bullet -James Wilson

-National Herald Five 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 black...

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