Demonetisation Revisited
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Supreme Court upholds demonetisation by 4:1 majority
Justice BV Nagarathna, in her dissenting judgement, said that the 2016 exercise was unlawful but there is no point in striking it down now.
Scroll Staff
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Centre holding back crucial documents related to demonetisation, P Chidambaram tells Supreme Court
The Congress leader alleged that neither the Central Board of the Reserve Bank of India, nor the Union Cabinet had all information about the move.
Scroll Staff
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Demonetisation was a ‘well-considered decision’ taken in consultation with RBI, Centre tells SC
The move reduced fake notes in the system, encouraged digital transactions and boosted economic growth, the government claimed.
Scroll Staff
Trending
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‘Saffronisation of Doordarshan’: After DD News unveils new logo, social media users express alarm
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Carnatic music: Violinist L Subramaniam’s new book looks at the 18th-century masters
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‘Do Aur Do Pyaar’ review: Adultery saga has a maths problem
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TISS suspended Dalit PhD scholar for protesting Centre’s policies, alleges student body
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Very low voter turnout in six districts of eastern Nagaland amid shutdown over statehood demand
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Narendra Modi yet to acknowledge demonetisation was an ‘epic failure’, says Mallikarjun Kharge
The Congress chief tweeted a news report about cash holdings with Indians being at highest-ever levels in October.
Scroll Staff
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Currency with public reached record high of Rs 30.88 lakh crore in October, says RBI report
The amount, as on October 21, was 71.84% higher than the amount for the fortnight ending November 4, 2016, just four days before the demonetisation exercise.
Scroll Staff
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Congress’ attack on BJP over the failures of demonetisation doesn’t present the full picture
The Opposition party tweeted a bunch of numbers on counterfeit currency, some of which were misleading.
Isha Bajpai, Factchecker.in
Video
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Watch: This fan-made trailer imagines Henry Cavill and Margot Robbie starring in a James Bond film
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Watch: Mount Ruang erupts in Indonesia, spewing columns of ash and lava
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Watch: Unbelievable scenes of flooding in Dubai airport, streets, and malls after heavy rain in UAE
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Indian elections: How secure is the EVM-VVPAT process?
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Watch: Footballers of Indian clubs walk out on the pitch with dogs to get them adopted
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Manmohan Singh blames ‘ill-considered demonetisation’ for unemployment, informal sector crisis
The former prime minister also criticised the Centre for undermining federalism by not holding regular consultations with states.
Scroll Staff
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Demonetisation anniversary: The Raj currency note withdrawal of 1946 had uncanny parallels with 2016
The move showed that merely removing high-value notes would not lead to black-marketeers or tax evaders being discovered.
Goonja Mukherjee
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Opinion: India must commemorate every anniversary of the blunder that was demonetisation
That day, the country became a monarchy ruled by a despot, bent on doing anything he wants, regardless of the consequences.
Udayan Mukherjee
The Reel
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‘Trap’ trailer: M Night Shyamalan’s thriller stars Josh Hartnett as a serial killer
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Watch: Five directors shoot on iPhones for MAMI Mumbai Film Festival initiative
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‘Do Aur Do Pyaar’ review: Adultery saga has a maths problem
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‘Love Sex Aur Dhokha 2’ review: Laboured and barely provocative
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‘Civil War’ review: An urgent film about a barely-distant future
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Demonetisation disrupted the life of every Indian – and failed all of its stated goals
On the second anniversary of the note ban, banker Meera Sanyal shares her experience of writing a book on the government’s great blunder.
Meera H Sanyal
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Note ban reduced GDP growth in certain districts by up to 7.3 percentage points: World Bank study
A research working paper published by the international organisation says that districts where informal activities are most prevalent were affected the most.
Scroll Staff
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It cost over Rs 29 crore to use IAF aircraft to ferry new currency after demonetisation: RTI reply
The Air Force said it used its ultra modern C-17 and the C-130J Super Hercules to transport the notes from security printing presses and mints.
Scroll Staff
The Field
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Wrestling, Asian Olympic Qualifiers: Aman loses in semi-final as Indian men fail to win Paris quotas
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Shooting, Indian Olympic trials: Esha Singh, Bhavesh Shekhawat lead in respective 25m pistol events
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Wrestling, Asian Olympic Qualifiers: Deepak Punia, Sujeet Kalkal fail to make weigh-ins in time
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Chess, Candidates 2024: Gukesh Dommaraju picks up win to become joint-leader with two rounds to go
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Hockey: Salima Tete 2.0 – a speedster who is adding confidence and creativity to her improving game