Demonetisation News 

Rahul Gandhi in Amethi: Congress chief asks when acche din are coming, vows to set up food processing units across UP

Speaking in Amethi, his Lok Sabha constituency, on Thursday, Congress president Rahui Gandhi targeted Prime Minister Narendra Modi over a spate of issues including the Rafale deal, demonetisation, the..
Firstpost - Published

India to surpass China to become 2nd largest oil demand centre in 2019: Report

In a report, Wood Mackenzie said India's oil demand growth recovered strongly in 2018, overcoming the aftermath of the implementation of Goods and Services Tax (GST) and demonetisation, and contributed..
IndiaTimes - Published

Videos for Demonetisation

PM Modi की Demonetisation को Arvind Subramanian ने बताया ‘ [Video]PM Modi की Demonetisation को Arvind Subramanian ने बताया ‘  01:48

monetisation Was A Massive, Draconian Monetary Shock Say Modi's Former Economic Advisor. PM Modi Demonetisation, former Chief Economic Advisor Arvind Subramanian raised the question. Arvind has..

Rumble - Published

PM Modi के Noteban को Blunder बताने वाले उ&# [Video]PM Modi के Noteban को Blunder बताने वाले उ&#  08:08

PM Modi's decision Demonetisation achivemnt. Modi calmly announced that 500-rupee and 1,000-rupee notes would no longer be legal tender, removing 86 per cent of the country’s money in..

Rumble - Published

News Bulletin : Urjit Patel | Farooq Abdullah| Arvind Kejriwal| Kuldeep Yadav Record| वनइंडि [Video]News Bulletin : Urjit Patel | Farooq Abdullah| Arvind Kejriwal| Kuldeep Yadav Record| वनइंडि  03:58

Urjit Patel, Farooq Abdullah, Arvind Kejriwal, Kuldeep Yadav Record. RBI Governor Urjit Patel will on Tuesday attend Parliamentary standing committee meeting. The agenda of the meeting is to discuss..

Rumble - Published


GNY Asia row: NSA Ajit Doval's son Vivek files criminal defamation case against Jairam Ramesh, Caravan

Vivek Doval, son of National Security Adviser Ajit Doval has filed acriminal defamation case against Congress leader Jairam Ramesh and news magazine Caravanover an article raising questions about GNY..
Firstpost - Published

Congress alleges Ajit Doval's son started Cayman Islands hedge fund days after demonetisation

IndiaTimes - Published

May need more currency in economy as GDP size increasing in quantitative terms: Reserve Bank official

Post-demonetisation, the government re-introduced Rs 500 banknote but the Rs 1,000 currency note was discontinued.
Firstpost - Published

'May need more currency as GDP size increasing'

Following demonetisation in November 2016, when the government junked high value currency notes of denominations 500 and 1,000, there was a shrinkage in currency in the system. Now, with the growth in..
IndiaTimes - Published

Narendra Modi an 'incompetent man' who listens to nobody: Rahul Gandhi attacks PM over unemployment, demonetisation

In a series of tweets and Facebook posts, Rahul Gandhi cited various media reports to allege that the country was grappling with issues such as massive job losses and farm distress, while its growth..
Firstpost - Published

Govt does well to dovetail MSME loan rescheduling with GST,a carrot and stick policy beyond reproach

The latest move is to apply balm on the MSMEs ravaged by demonetisation and Goods and Services Tax.
Firstpost - Published

RBI's New Year gift to MSME sector: Central bank allows one-time restructuring of loans up to Rs 25 cr

The decision will help the micro, small and medium enterprises (MSMEs) which are facing cash crunch in the wake of demonetisation and GST implementation.
Firstpost - Published

Demonetisation was not a `jhatka`, had warned people a year earlier: PM Modi

PM Modi spoke on a wide range of issues and shared his vision for the country, while reiterating his government's commitment to ''Sabka Saath, Sabha Vikas.''   
Zee News - Published

North East's tribals may have aided in converting black money during demonetisation

Several instances were found where Tribals and non-tribals hailing from Arunachal, Assam, Meghalaya, Manipur, Mizoram and Tripura did not pay their income taxes.
Sify - Published

Row over The Accidental Prime Minister: RJD MP says films should be made on Rafale issue, demonetisation, farmer suicides

Taking a dig at the BJP over the biopic The Accidental Prime Minister, RJD MP Manoj Jha on Friday alleged the party opened up its coffers for the film.
Firstpost - Published

Liquidity crunch, affordable housing mark Indian realty's revival year (2018 in Restrospect)

The year turned out to be an eventful one for the Indian real estate marked by the improvement in sales and its return to stability after the double blow of GST and demonetisation.
Sify - Published

World steps up to study note ban while PM Modi looks away

The decision to look away from demonetisation may be an attempt to distance authorities from what’s since been termed ‘a total failure’ and a ‘draconian’ act. However, economists all over the..
IndiaTimes - Published

Voters disillusioned with Modi: MNS chief

He was on a visit to Nashik district since December 18 and visited different rural parts to interact with the rural masses, especially the farmers. The MNS chief said that issues like demonetisation,..
IndiaTimes - Published

Modi 'unmade' India: Yaswant Sinha in no-holds-barred book

GDP numbers are misleading, RBI's autonomy is in extreme danger and demonetisation is the biggest banking scam, former finance minister Yashwant Sinha claims in his new book.
IndiaTimes - Published

Narendra Modi government is manipulating data; GDP back series needs to be urgently examined: Yashwant Sinha

Demonetisation was the biggest mistake of Modi in his tenure as Prime Minister and the damage the move has done to the economy is unpardonable, said Yashwant Sinha, who quit the BJP in April 2018.
Firstpost - Published

With ties under strain, LJP wants Jaitley to list benefits of demonetisation; talks with Amit Shah remain inconclusive

LJP chief Ram Vilas Paswan's son Chirag has asked Finance Minister Arun Jaitley to list the benefits of demonetisation so that he can "explain" them to people
Firstpost - Published Also reported by •IndiaTimes

LJP wants Jaitley to list note ban's benefits

On a day former BJP ally Upendra Kushwaha joined the UPA, the saffron party's ties with the Lok Janshakti Party appeared to be in trouble with LJP leader Chirag Paswan asking the central government to..
IndiaTimes - Published

Manmohan Singh was right on demonetisation: Note ban reduced real economic activity, shows NBER paper

A working paper from NBER titled Cash and the economy: Evidence from India's demonetisation tells us that demonetisation indeed lowered the GDP (gross domestic product (GDP) growth by at least 2..
Firstpost - Published

Need to revive Nepal's confidence in Indian currency

That is a necessary condition for resolving the larger issue of dealing with cross-border movement of black money and counterfeit currency, which is at the root of Nepal's demonetisation
DNA - Published

Annual cost of printing notes increased by 45.44 billion post demonetisation

FM Jaitley in a written reply to the Parliament says the cost of printing new notes had almost doubled. He also clarifies on incidences of casualties.
Sify - Published

Demonetisation: Move to trash black money proves expensive; printing cost of bank notes rose to nearly Rs 8,000 cr in 2016-17

The expenditure on printing of notes during 2015-16 (the year prior to demonetisation) was Rs 34.21 billion, Finance Minister Arun Jaitley said in a written reply to the Rajya Sabha.
Firstpost - Published

Government did not assess impact, after effects of demonetisation, says Minister of State in Lok Sabha

Since the government had not assessed or studied the impact and after effects of demonetisation, providing details of its impact or after impact does not arise
Firstpost - Published

Govt doesn't comment on views of former RBI chiefs on demonetisation, GST expressed before media: Arun Jaitley

"The government does not comment on the views and opinions of former RBI governors and economists on demonetisation and GST expressed before media/private agency etc," Arun Jaitley said in a..
Firstpost - Published Also reported by •IndiaTimes

5 key challenges that Shaktikanta Das faces as RBI guv

A staunch defender of demonetisation, it would be interesting to see how he handles the government's increasing demand for more cash from the RBI, and letting some weak banks get out of prompt.. - Published

Tamil speaking Historian Shaktikanta Das' journey from North Street to Mint Street and what to expect

Will Shaktikanta Das, the bureaucrat who answered questions on demonetisation say No to the government? Will he uphold the autonomy of the Central Bank?
Sify - Published

Assembly elections 2018: Rahul Gandhi says BJP's defeat is 'message to Modi'; asserts Congress will provide new vision to country

Attacking the government, Rahul Gandhi said the demonetisation was a "disaster" and there was "definitely corruption" in the fighter deal, who's truth will come out.
Firstpost - Published

Shaktikanta Das, Narendra Modi's demonetisation man, has a fresh task at hand: Tame a rebellious central bank

Two years after note ban, Shaktikanta Das has been given another task by the Modi government--to douse the raging fire at Mint Road
Firstpost - Published

New governor will diminish RBI, play to government's tunes: Congress

Attacking the government for appointing Shaktikanta Das as RBI Governor, the Congress on Wednesday alleged that he would play to the tunes of the government and that choosing a bureaucrat who defended..
Sify - Published

Two years on, demonetisation haunts BJP

The middle class and the man on the street, who had fully backed PM Modi’s move to scrap Rs 500 and Rs 1,000 notes, which accounted for nearly 86% of the currency in circulation, are now unsure if..
IndiaTimes - Published

Shaktikanta Das, economic secretary during demonetisation, is RBI governor

The appointment of Shaktikanta Das, as the new RBI governor came within 24 hours of Urjit Patel’s sudden resignation, and signals the government’s resolve not to allow uncertainty to linger. Das,..
IndiaTimes - Published

Moving fast, India names Modi demonetisation backer Shaktikanta Das as RBI head

Ex-finance ministry official Shaktikanta Das took charge of the Reserve Bank of India on Tuesday, in a swift appointment expected to ease a dispute with the government as it pushes for looser credit..
Reuters India - Published

Meet Shaktikanta Das, RBI's new governor

From defending the shock announcement of demonetisation to spearheading the remonetisation drive that included the cumbersome process of printing and supplying new Rs 500 and Rs 2,000 notes, his calm.. - Published

India moves fast to name backer of Modi demonetisation as RBI head

The Indian government has appointed former finance ministry official Shaktikanta Das as new governor of the Reserve Bank of India (RBI) in a move that could help to end a rift with Prime Minister..
Reuters India - Published

Urjit Patel stands tall among predecessors with his final act; but his silence on note ban triggered the unmaking of RBI

Unit Patel's final Act at RBI raises his stature but history won't forgive his silence on demonetisation that dented central bank's credibility
Firstpost - Published

Govt's demo-man Shaktikanta Das to succeed Urjit Patel as RBI''s 25th Governor

Shaktikanta Das, a retired IAS officer who had served as Economic Affairs Secretary during Demonetisation is roped in to fill the vacancy of the Governorship of Reserve Bank of India.
Sify - Published

Demonetisation drive would have been 'significantly better' if Rs 2,000 currency notes were avoided: Uday Kotak

As part of the demonetisation "execution" strategy, it was essential to ensure larger quantum of notes of the right denomination were made available, said Kotak.
Firstpost - Published

India should brace itself for slowdown for some time; agriculture, financial system under stress, says ex-CEA Arvind Subramanian

Speaking at the release of his book, Of Counsel: The Challenges of the Modi-Jaitley Economy, Arvind Subramanian said, both demonetisation and implementation of Goods and Services Tax (GST) have..
Firstpost - Published

GDP back series data row: Former CEA Arvind Subramanian calls for expert review to solve 'puzzle' of revised figures

Subramanian, who criticised demonetisation in his new book titled 'Of Counsel: The Challenges of the Modi-Jaitley Economy', was, however, evasive when asked if he was consulted in the decision-making..
Firstpost - Published

Demonetisation threw up political, economic puzzles: Arvind Subramanian

Drawing the link between demonetisation and GDP numbers, former Chief Economic Advisor Arvind Subramanian has said the puzzle thrown up by the note ban has a dual aspect - whether its impact as seen in..
Sify - Published

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