Indian banknote demonetisation

Corruption
Politics & Political Commentary

Amit Shah director of Co-op bank with highest amount of demonetised notes among DCCBs, finds RTI reply

Originally published by The New Indian Express, deleted without explanation. MUMBAI: A district cooperative bank, which has Bharatiya Janata Party (BJP) President Amit Shah as a director, netted the highest deposits among such banks of old Rs 500 and Rs 1,000 notes that were abruptly demonetised on November 8, 2016, according to RTI replies received […]

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Democracy
Demonetisation
Digital India

DeMonetisation and Digital Payments

DeMonetisation did not promote the uptake of digital transactions Driving India towards a less-cash, digital payments economy was one of the aims claimed by the Prime Minister when he invalidated 86% of India’s circulating currency. The reasoning was that India was a largely cash-based economy; if circulating cash was reduced, people would rapidly move towards […]

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Demonetisation
Digital India
Politics & Political Commentary

Demonetisation – success or failure?

Was the demonetisation a success or failure? Various government claims and the subsequent lacklustre results leave no doubt that the demonetisation has resulted in no significant utility to the nation and caused considerable damage.

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Agriculture
Democracy
Demonetisation

Grape season in peril in Nashik due to demonetisation

End of January marks the grape harvest season around Nashik. After falling prices after demonetisation led farmers to slash down standing tomato crops last month to make way for emergency sowing of wheat to eat, hope had rested on the grape crop coming up. However for all the reports in media about farmers adopting cashless […]

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