Demonetisation News

Politics

Congress observes 4th anniversary of demonetisation as 'betrayal day'

Congress' Rahul Gandhi alleged that Modi's move was aimed at helping a few of his 'crony capitalist friends' and had 'destroyed' the Indian economy, prompting a strong response from the BJP

4 min read8 Nov 2020
Industry

RBI said to scale down printing of ₹2000 note to minimum

The ₹2000 note was launched for meeting the remonetisation needs after the old ₹500/1000 note were banned due to demonetisation

1 min read3 Jan 2019
Market

RBI to soon release new ₹20 note

The Reserve Bank of India will release the new ₹20 note under the Mahatma Gandhi (new) series of currency notes

1 min read25 Dec 2018
Industry

Demonetisation: Data on printing of ₹2000, ₹500 notes should be disclosed, says CIC

RBI's Bhartiya Reserve Bank Note Mudran claims that details on printing of notes cannot be shared with people as it will result in 'proliferation of counterfeit currency and economic chaos'

2 min read17 Dec 2018
Industry

The evolution of Urjit Patel since demonetisation

Urjit Patel's resignation as RBI governor is in contrast to his reticent demeanour that had come under criticism following his lack of views on demonetisation

2 min read11 Dec 2018
Industry

‘Demonetisation was a massive, draconian, monetary shock’, says Arvind Subramanian in his new book

Imposing large costs on a wide cross-section of people could actually have been indispensable to achieve political success, says former chief economic adviser Arvind Subramanian of demonetisation in his new book 'Of Counsel: The Challenges of the Modi-Jaitley economy'

9 min read29 Nov 2018
Opinion

Opinion | Demonetisation: The good, the bad and the ugly

The biggest let-down has been that politics of confrontation has denied the country a fair debate on demonetisation

3 min read3 Sep 2018
Politics

How demonetisation impacted the Indian economy

The negative impact of demonetisation was felt in all segments, especially in farm and industry

3 min read30 Aug 2018
Industry

From GDP growth to black money, costs outweigh benefits of demonetisation

Demonetisation was proclaimed by the Narendra Modi government as a solution to India's black money and fake currency problems and later as a push towards a digital economy

2 min read3 Sep 2018
Market

Demonetisation comes to haunt govt as RBI says 99.3% notes back

All but 10,720 crore of the 15.4 trillion returned, indicating the note ban hasn't worked as desired

2 min read29 Aug 2018
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