Topic: demonetisation
PM Modi’s historic ‘targets’, and the construction of a new kind of Parliament
The best cartoons of the day, chosen by the editors at ThePrint.
Are people holding on to cash after lockdown? New RBI data seems to suggest so
Data shows a sharp increase in cash holding after the lockdown was imposed in March. The demand for Rs 2,000 notes has surged, say bankers.
Modi didn’t favour issuing of Rs 2,000 notes, went along with consensus, reveals ex-aide Misra
Modi govt had issued new Rs 2,000 and Rs 500 banknotes after cancelling the legal tender of Rs 1,000 and Rs 500 notes (old series). Printing of Rs 2,000 notes has now stopped.
Demonetisation was an attack on India’s unorganised sector, says Rahul Gandhi
Gandhi alleged that PM Modi wishes to make India a cashless economy while the unorganised sector, which comprises the poor, farmers, labourers and small traders, works on cash.
Detection of fake Rs 200 notes saw 151% rise in 2019-20, RBI report says
The RBI annual report also says fake notes of new Rs 500 series saw a 37% rise in 2019-20, and that there was a fall in circulation of Rs 2,000 notes.
PM Modi should know India needs to be a strong country, not just have a strong government
Modi may be too smart to fall for his own propaganda, but the positive change narrative has become untenable. For its own sake, the govt should course-correct.
Choked, Anurag Kashyap’s Netflix film on demonetisation, is crisp and thought-provoking
With Choked, Anurag Kashyap brings together stellar writing, a talented cast & his signature dark style to talk about our relationship with money.
What PM Modi may want to learn from Jawaharlal Nehru
Nehru put aside political differences for the larger national goal to have three adversaries in his first cabinet. Does Modi have it in him to send out a similar message?
Rahul Gandhi isn’t afraid to seek advice. If only Modi did that, Indians won’t be suffering
Tehseen Poonawalla, a Congress supporter, says it's strange that journalist T.N. Ninan saw Rahul Gandhi's act of consulting Raghuram Rajan for wisdom as a sign of weakness.
With the anti-poor lockdown, BJP is back to its upper caste, middle class, urban roots
Demonetisation’s political gain was to rebrand the BJP as a pro-poor party. The poorly implemented coronavirus lockdown is undoing that image.
Dear upper caste Indians, Hathras is not another Nirbhaya. It is a Khairlanji
From Kilvenmani massacre in 1968 to the Chunduru massacre in 1991 to the Khairlanji atrocity in 2006, Dalits have been vainly hoping to access legal justice in India.
In ‘Diwali bonus’, govt waives interest-on-interest even for those who didn’t opt for moratorium
After its affidavit to SC, govt orders issues waiver norms including cashback by 5 November. All standard accounts up to 29 February eligible for benefits.
Defence
Navy demonstrates combat readiness with video of missile destroying ship in Arabian Sea
The missile was fired by frontline corvette INS Prabal as part of a mega naval drill involving aircraft carrier INS Vikramaditya, attack helicopters, and aircraft.
Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace
Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.