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Four years since demonetisation: Cash in system steadily rising, at all-time high -George Mathew and Sandeep Singh

-The Indian Express After Rs 500 and Rs 1,000 notes were withdrawn from the system in November 2016, currency with the public, which stood at Rs 17.97 lakh crore on November 4, 2016, declined to Rs 7.8 lakh crore in January 2017 soon after demonetisation. Four years after the government announced demonetisation on November 8, 2016, the currency with public for the fortnight ended October 23, 2020 stood at a record high...

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Problematic revisions: We need fewer, quicker economic growth estimates -AK Bhattacharya

-Business Standard The CSO releases as many as 6 estimates of India's annual economic output growth; believe it or not, these estimates for the same year's economic output are released over a period of three years! When the Central Statistics Office (CSO) declared India’s gross domestic product (GDP) growth figure for 2016-17 on January 6, 2017, economic policy makers in the Narendra Modi government were disappointed. The GDP growth figure was only...

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So easy to copy? Rs 2,000 notes make 56% of all seized fake currency, shows NCRB data -Mukesh Rawat

-IndiaToday.in NCRB data show fake notes of Rs 2,000 entered the market days after PM Narendra Modi's demonetisation announcement. Today they are the biggest contributors to the value of seized counterfeit currency in India. "In a country's history, there come moments when every person feels he too should be part of that moment, that he too should make his contribution to the country's progress. Such moments come but rarely," said Prime Minister...

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Fake banknotes seized in India doubled after demonetisation, Gujarat topped list: NCRB -Apoorva Mandhani and Aneesha Bedi

-ThePrint.in National Crime Records Bureau’s report for 2017 says new Rs 2,000 note, released after demonetisation, accounted for more than half the seized currency. New Delhi: Fake Indian currency notes worth Rs 28.1 crore were seized in 2017, almost doubling from the previous year’s mark of Rs 15.9 crore, according to the Crime in India-2017 report put together by the National Crime Records Bureau (NCRB). The report points out that the new Rs...

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Growth lessons India can take from new frontrunner Bangladesh -Jayanta Roy Chowdhury

-The New Indian Express What changed the terms over the last few years from when India was the toast for global business and Bangladesh was an also ran? NEW DELHI: India has not only lost its tag as the fastest growing economy, it is even lagging behind its former 'poor cousin’ Bangladesh, which grew by 8.1 per cent last financial year as against India’s 6.8 per cent. Similarly, while India’s growth forecast...

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