scorecardresearch
Friday, March 29, 2024
TopicDemonetisation

Topic: demonetisation

‘Demonetisation was political stimulus for the ruling party’

ThePrint Editor-in-Chief Shekhar Gupta and Associate Editor Ruhi Tewari speak about the the first anniversary of demonetisation of high value currency notes, on what it achieved.

Talk Point: What has India gained from demonetisation and what are the lessons learnt?

A year since demonetisation, we analyse how has India benefited from the decision or whether it has lost out?

Cash is back in Maharashtra’s first ‘cashless village’

A year after demonetisation, shopkeepers rarely use swipe machines as many villagers are still uncomfortable with plastic money.

For UP farmers, demonetisation is still a hot potato that’s bringing ruin

The note ban dealt a double blow to potato farmers in Uttar Pradesh, and the market has still not recovered fully, leading to huge losses.

Talk Point: A political masterstroke, demonetisation created a new constituency of voters for BJP

Demonetisation was a political move with economic consequences. Among other things, it sought to uproot an old political elite that presumably depends on hoarded cash.

The WhatsApp Governance

After sharp shifts on strategic policies, demonetisation without data, debate, de-risking or war-gaming marks Modi’s governing style.

Talk Point: There are still unanswered questions about the legality of demonetisation

On 8 November, 2016 the Prime Minister announced on television that 86 per cent of the money in circulation in the Indian economy stood demonetised. There are still unanswered questions about the legality of the entire exercise and even the process followed to arrive at the decision.

Talk Point: Was the short-term disruption worth it? The answer is a qualified “no”

Demonetisation was a courageous policy decision fraught with high risks. The purported objectives of the decision were to eliminate fake currency, weed out black money, and address tax evasion. Later, digitisation of the economy was also added to the list of objectives. How has demonetisation fared on these objectives?

Talk Point: Demonetisation was a passion play by PM, there was no cost-benefit analysis

One year later, it is clear that the economic upside to demonetisation—if there is one—is a long-term proposition. How the government is going to ensure long-term gains is still unclear.

Talk Point: Demonetisation hasn’t even attacked 1 per cent of the black money

Exactly a year ago, Prime Minister Narendra Modi announced an ambitious but enormously disruptive decision to invalidate Rs 1000 and Rs 500 notes, ostensibly...

On Camera

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.