The nuances of demonetisation, the amount of hard work put in and the course corrections done during the implementation are known only to the govt. It's time to tell Indians about it.
SC examined 6 issues in its demonetisation verdict. It ruled that RBI Act had 'inbuilt safeguard', said court didn't sit in ‘judgment over matters’ of economic policy.
An SC bench upholds Modi govt's 2016 decision to ban Rs 500 & Rs 1,000 currency notes with 4:1 majority. Says demonetisation notification passed test or doctrine of 'proportionality'.
Replying to a question in the Lok Sabha, finance minister Nirmala Sitharaman said both the volume and the value of notes in circulation have steadily gone up since the 2016 note ban
Survey, released by LocalCircles Friday, also found that contrary to Modi govt’s intentions Rs 2,000 note has made it easier for people to keep cash in stock.
India’s most trusted regulatory body, the Reserve Bank of India, has given the courts two opportunities to question its manner of taking significant decisions in the last two years.
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.
The Beckhams have had the sleekest, unassailable PR game in celebrity town. And much of it rests on their carefully curated social media image, especially on Instagram.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.
COMMENTS