Updated on Dec 12, 2018 20:39:16

 

 

Must Read-2 > Demonetisation

 

21-Nov-2018 New Delhi

Demonetisation destroyed millions of farmers : Rahul Gandhi

Congress President Rahul Gandhi on Wednesday targeted Prime Minister Narendra Modi for "making fun of our farmers misfortune" following reports of the Agriculture Ministry admitting that millions of farmers were unable to buy seeds and fertilizers because of...

09-Nov-2018 New Delhi

Congress holds protest outside RBI on demonetisation anniversary

Several senior Congress leaders on Friday staged a protest outside the Reserve Bank of India (RBI) on the second anniversary of demonetisation that was announced by Prime Minister Narendra Modi on November 8, 2016.The Congress in a statement said the protest...

09-Nov-2018 New Delhi

Demonetisation paralysed businesses, says ex-banker Meera Sanyal

Former banker Meera H. Sanyal in her book launched on second anniversary of the move to nullify high denomination currency, says demonetisation "paralysed businesses" in the country.Sanyal, a former CEO and Chairperson of Royal Bank of Scotland in India and...

08-Nov-2018 New Delhi

Demonetisation a criminal financial scam : Rahul Gandhi

Congress President Rahul Gandhi on Thursday called the note ban a "cruel conspiracy" and a "criminal financial scam"."November 8th will forever go down in the history of India, as a day of infamy," said Gandhi, adding that "note ban was a planned and cruel conspiracy....

08-Nov-2018 New Delhi

Note ban a conspiracy, money laundering scheme : Rahul Gandhi

Attacking Narendra Modi on the second anniversary of demonetisation, Congress President Rahul Gandhi on Thursday called the note ban a "cruel conspiracy" and a "scam"."Note ban was a planned and cruel conspiracy. This scam was a scheme to launder black money of...

08-Nov-2018 New Delhi

Demonetisation anniversary : Congress tears into Narendra Modi

Ridiculing Prime Minister Narendra Modi's "knowledge of economics", the Congress on Thursday ripped into him for the "reckless" decision of demonetisation that it said wrecked the economy and consumed many lives.On the second anniversary of the Modi's 2016 decision...

08-Nov-2018 New Delhi

Demonetisation helped convert black money into white : CPI-M

The Modi government's "disastrous demonetisation" devastated crores of people dependent on daily cash transactions and helped to convert black money into white, the CPI-M said on Thursday."On the second anniversary of demonetisation, the Indian economy is...

08-Nov-2018 New Delhi

Restore certainty, visibility in economic policies : Manmohan Singh

Holding demonetisation an "ill-fated" and "ill-thought" exercise, former Prime Minister Manmohan Singh on Thursday said the scars and wounds of the decision are only getting more visible with time and its deeper ramifications are still unravelling.On the second...

30-Aug-2018 New Delhi

Demonetization meant to help crony capitalists : Rahul Gandhi

Terming the demonetization a "scam", Congress President Rahul Gandhi on Thursday said the primary purpose behind the exercise was to help "15-20 biggest crony capitalists" whose loans have turned into NPAs."Why did he (Prime Minister Narendra Modi) do it (demonetization)?...

29-Aug-2018 New Delhi

Demonetisation has achieved its objectives : Official

Notwithstanding the fact that only over Rs.10,000 crore of demonetised money did not come back to the RBI, government on Wednesday claimed that it has achieved the targets it had set in its decision, including checking black money, counterfeit currency and terror funding...

07-Dec-2017 New Delhi

Fake 2,000-rupee note was out within 53 days of demonetisation!

It didn't take long for fake notes of 2,000 rupees to start circulating after Prime Minister Narendra Modi announced demonetisation in November 2016, with one of its stated aims being to kill counterfeit currency, official data show.According to the National...

05-Dec-2017 Ahmedabad

Demo, GST issues in Maninagar, still BJP may sail through

Prime Minister Narendra Modi might be listing demonetisation and GST as his government's two major achievements which changed the course of the Indian economy but the people of Maninagar, the constituency he represented as Chief Minister, do not seem to be...

08-Nov-2017 Gandhinagar

Demonetisation, GST broke textile hub Surat's legs : Rahul Gandhi

Hitting out at the Narendra Modi government, Congress Vice President Rahul Gandhi on Wednesday said demonetization and the GST rollout have "broken the legs" of Surat, as he observed a "black day" in the textile and diamond hub of the country.The Gandhi scion...

08-Nov-2017 Kolkata

Babul Supriyo slams Trinamool for black Twitter DP

Union Minister of State for Heavy Industries and Public Enterprises Babul Supriyo on Wednesday slammed the Trinamool Congress for turning its Twitter profile picture black in protest against demonetisation."There is nothing to say about leaders and political...

08-Nov-2017 Kolkata

Demonetisation a miracle, not scam: Jayant Sinha

Rejecting West Bengal Chief Minister Mamata Banerjee's comments on demonetisation, Union Minister Jayant Sinha on Wednesday said the note ban announced on November 8 last year was a "miracle and not a scam"."In Bengal, under the leadership of Mamata Banerjee,...

08-Nov-2017 New Delhi

Jury still out on note ban: Some hail, others wail

Exactly a year ago, Prime Minister Narendra Modi dramatically scrapped high value currency notes in a decision that jolted the economy and divided opinions on a major policy like never before. While the jury is still out on the note ban, which cost India two...

08-Nov-2017 New Delhi

Delhi Congress forms human chain against demonetisation

Hundreds of Congress workers on Wednesday formed a human chain here as part of their party's observance of November 8 as 'black day' on the first anniversary of the demonetisation of high value currency notes.Congress workers dressed in black shirts and pants,...

08-Nov-2017 Agartala

Demonetisation hit poor, common people hardest : CPI-M

Demonetisation of high-denomination notes hit the poor and common people hard as the BJP government at the Centre deceived Indians by unilaterally scrapping Rs 500 and Rs 1,000 notes last year, the CPI-M said here on Wednesday."Decision to demonetise Rs 500 and Rs...

08-Nov-2017 New Delhi

Demonetisation a tragedy for Gandhis : Smriti Irani

Union Minister Smriti Irani on Wednesday attacked the family of Congress President Sonia Gandhi by dubbing it a "family synonymous with graft" and said demonetisation was a tragedy for the family."Demonetisation (on November 8, 2016) certainly came as a tragedy...

08-Nov-2017 Bhubaneswar

A year on, demonetised notes find way into temples

A year after demonetisation, scrapped Rs 500 and Rs 1,000 notes continue to find their way into donation boxes at some temples in Odisha.Unable to dump their old currency notes, devotees are dropping the demonetised notes in donation boxes at Jagannath...

08-Nov-2017 Mumbai

Protests in Maharashtra on first anniversary of demonetisation

All major opposition parties, social organisations, farmer groups, mediapersons, NGOs, civil society activists and individuals organised massive protests across Mumbai and other parts of Maharashtra on Wednesday to mark the first anniversary of demonetisation,...

08-Nov-2017

Demonetisation failed litmus test as most banned notes returned

The litmus test for the success of any demonetisation is the amount of cash that does not return to the banking system. For long, economists and observers were intrigued by the refusal of the RBI to share data on SBNs (Specified Bank Notes) returned to banks...

07-Nov-2017 New Delhi

Demonetisation not one-stop solution to end corruption : Arun Jaitley

Defending the governments decision to demonetise high value currency last year, Finance Minister Arun Jaitley on Tuesday said that demonetisation cannot be a one-stop solution to cleanse all corruption, but it did give a "new direction" to economic and financial...

07-Nov-2017

Demonetisation: Most reactionary and illogical policy ever

'Demonetisation'-- the withdrawal of legal tender status of notes of denomination Rs 500 and Rs 1,000 -- announced by India's Prime Minister Narendra Modi over a televised address on 8 November 2016 will go down in history as one of the most reactionary and illogical economic...

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