-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...

 -Scroll.in There must be consultation and greater co-ordination between the Reserve Bank as the regulator of money supply and the government as the sovereign. While the entire Indian economy was disrupted by the demonetisation exercise announced on November 8, 2016, removing high-value currency notes overnight, it simultaneously stirred a serious controversy on the role of Reserve Bank of India as the principal regulator of money supply in India. In understanding the controversial conduct...

-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...

-BusinessToday.in Two years prior to demonetisation, the currency, as well as the nominal growth in the economy, was in the range of 10-12 per cent. But in the last two years, currency in circulation has grown by 14-16 per cent whereas the nominal GDP growth has been lower. Five years after demonetisation, the cash in the system is back at a much higher level. The government had demonetised the high-value notes of...

-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...