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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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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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No, demonetisation wasn’t a good idea, badly executed – it was a ridiculous idea from the start -Rohit Azad

-Scroll.in The policy, which wreaked havoc on the lives of the poor, mistakenly conflated cash with black money. Was demonetisation a good idea, badly implemented? I have heard this from the supporters of the regime but, to my surprise, even friends who are otherwise critical believe this to be true. The government’s stated aim for denotifying high-value currency notes with a four-hour deadline on November 8, 2016, was to land a body blow...

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Ayodhya: The poor collect mustard oil from diyas for cooking at homes -Piyush Srivastava

-The Telegraph The state government had organised a Diwali-eve celebration on November 3 and lit 9 lakh lamps, with Adityanath inaugurating the programme Lucknow: On Friday, Prime Minister Narendra Modi had praised the way the Uttar Pradesh government had marked Diwali in Ayodhya by lighting hundreds of thousands of diyas, saying “Ayodhya is getting back its glory”. On Saturday, a widely circulating video showed children collecting mustard oil from some of these diyas...

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Modi govt slashes excise duties on petrol by Rs 5, and diesel by Rs 10 -R. Suryamurthy

-The Telegraph The cut was announced a day after the declaration of by-election results in 29 Assembly seats and 3 Lok Sabha seats, wherein BJP suffered setback in some states The Narendra Modi government has finally buckled under pressure from consumers, voters and the Opposition and slashed excise duties on petrol by Rs 5 a litre and on diesel by Rs 10 a litre. From Thursday in Calcutta, the price of petrol will...

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