Thursday, 18 August, 2022

Topic: demonetisation

With no Constitution bench set up yet, challenges to demonetisation now an ‘academic exercise’

Numerous petitions challenging demonetisation were filed in Supreme Court and various other courts. All of them were referred to 5-judge Constitution bench in Dec 2016, that is yet to be set up.

Teflon Modi does not have one Achilles heel, but two

In the past six years, Modi has taken a series of controversial decisions not caring for tremendous opposition. But two opponents made him blink.

‘The walls are closing in again’ – Why I’m losing hope in India

A disturbing arbitrariness has crept into policymaking, institutions have decayed and the economy’s structural deficiencies have worsened.

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.

On Camera


Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.


Su-57, the Russian 5th generation fighter aircraft Photo by Snehesh Alex Philip

Russia wants to build next generation tanks, submarines with India

As the second regiment of the S-400 Triumf air defence system starts getting delivered, Russia said it expects the serial production of AK 203 rifles in Amethi to begin in late 2022-early 2023.
NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.