-NDTV.com (with inputs from Agencies) The value and volume of bank notes in circulation had increased by 16.8 per cent and 7.2 per cent, respectively, during 2020-21 Though the government had launched its sudden move of demonetisation to cull out black money by weeding out currency notes worth 500 and 1,000 rupees denomination out of the system, on November 8, 2016, the notes in circulation in value terms have increased by 64...
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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...
More »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...
More »‘Jai Bhim’ director Tha Se Gnanavel: ‘More brutal than lock-up torture is the silence of society’ -Nandini Ramnath
-Scroll.in The Suriya-led legal drama is based on an actual incident of police brutality in Tamil Nadu. Tha Se Gnanavel’s phone has been ringing non-stop ever since his movie Jai Bhim started streaming on Amazon Prime Video on November 2. “I thought people would say this is a good film, but the response has been far more than expected,” Gnanavel told Scroll.in. “The film has now has led to a discussion. In...
More »Five years later, it’s even more clear that demonetisation was a disaster for India -Arun Kumar
-Scroll.in The move brought about a policy-induced crisis for the country and did little to stop the flow of black money. The demonetisation of high-denomination currency notes on November 8, 2016, created a nightmare for citizens that lasted several months. Long queues formed outside the banks and ATMs to obtain swap denotified currency notes for new ones so that life could continue. This situation persisted even beyond December 30, 2016, the last...
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