Category: Demonetization

Demonetisation was a move against corrupt people and not against elite as has been indicated by former chief economic advisor Arvind Subramanian, Niti Aayog vice-chairman Rajiv Kumar said Friday. Subramanian in

Arvind Subramanian, India’s former chief economic adviser, has called demonetisation “draconian” in his soon-to-be-released book ‘Of Counsel’. He resigned in June this year due to “pressing

Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8 per cent in the seven quarters after it against the 8 per cent

Defend demonetisation, but at least sound credible With RBI publishing its final figure—99.3%—for cancelled cash that was returned to the banks, the government’s primary target of demonetisation

It is ironic NITI Aayog vice-chairman Rajiv Kumar should criticise former RBI Governor Raghuram Rajan’s tremendous effort to clean up the banking system when the NDA government’s biggest

It must be election season. The uniformity of the media response to the annual RBI report stating that all the demonetisation cash had been returned to the

Ever since November 9, 2016, a debate has been in progress over Prime Minister Narendra Modi’s decision to demonetise high-value Indian currency. Some criticised it

With RBI confirming that just Rs 10,720 crore of the Rs 15.4 lakh crore that was demonetised in November 2016 did not come back into the banking

असत्याचा अस्त! भारतीय रिझर्व्ह बँकेचा दीर्घकाळ प्रलंबित नोटाबंदी विषयीचा हिशेब अहवाल अखेर प्रसिद्ध झाला आणि विलंबाने का होईना, वास्तव समोर आले आहे. अर्थशास्त्राच्या कोणत्याही नियमात

Following the release this Wednesday of Reserve Bank of India’s annual report of 2017-18, it is clear the government is clutching at straws by claiming

Finance Minister Arun Jaitley found himself defending demonetisation yet again on Thursday, stating that invalidation of the non-deposited currency was not the only objective of