Note Demonetisation

Demonetisation shook India’s trust in currency. RBI must ensure that doesn’t happen again

For a currency aspiring to become an international reserve currency, this could be a serious setback.

Kaushik Jayaram
· May 23, 2023 · 06:30 am
Protests erupt in Nigeria amid shortage of cash due to demonetisation move

India too had faced a cash crunch following the government’s decision to ban Rs 500 and Rs 1,000 notes in November 2016.

Scroll Staff
· Feb 22, 2023 · 03:01 pm
Explainer: Why the Supreme Court upheld the legality of Modi government’s 2016 demonetisation move

In a 4:1 split, the court held that the decision to withdraw Rs 500 and Rs 1,000 notes did not violate any legal or constitutional provisions.

Umang Poddar
· Jan 03, 2023 · 09:00 am

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