-The Hindu Business Line Registration with regulator a must; may inspect units Meenakshi Verma Ambwani To ensure the import of safe food products, the FSSAI has notified a new regulatory framework for foreign facilities that bring food items to India. Under the regulations, foreign food manufacturing facilities that make products in certain categories for export to India will need to register with the Food Safety and Standards Authority of India and may also...

-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...

-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...

 -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...

-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...