-The Telegraph Over two dozen petitions have challenged the legal and constitutional validity of DeMo A five-judge constitution bench headed by Justice Abdul Nazeer will on Wednesday start hearing a batch of petitions challenging the Narendra Modi government’s demonetisation of high-value currency notes in November 2016. Over two dozen petitions have challenged the legal and constitutional validity of the demonetisation and the short window offered to citizens to exchange the demonetised notes. A three-judge...

-Livemint.com With the term of the current monetary policy committee ending in September, it’s time to review the performance of the rate-setting framework Last year, there were calls to review RBI’s inflation targeting framework. With the term of the current monetary policy committee ending in September, it’s time to review the performance of the rate-setting framework. Mint explains the debate around this. * What are the terms of the policy framework? In 2016, the...

-TheWire.in Three related pleas before the Central Information Commission throw up numerous facts on demonetisation, including how Ambedkar’s photo was proposed to be printed on new notes. New Delhi: With the Prime Minister’s Office (PMO) being reticent about the events around demonetisation that was announced late on November 8, 2016 and refusing to part with information about it in response to a query filed under the Right to Information Act, the Central...

-The Economic Times One month after demonetisation, the Supreme Court is hearing several public interest petitions challenging the constitutional validity of the “demonetisation notification”, which declared that Rs 500 and Rs 1,000 notes would no longer be legal tender post midnight on November 8, 2016. The preamble to the notification stated that its objective was to eliminate fake currency used for financing terrorism and to address the problem of “unaccounted money” in...

-CounterCurrents.org While much has been written and said about the demonetisation move by the government, the question of its legality has received scant attention. The issue however is not the desirability or the economic viability of the decision and the undoubted public and national interest it serves. The goal of eliminating black money from circulation is undoubtedly in public interest. While I unambiguously support the policy of removing black—untaxed—money from the...