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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Carnatic music: Violinist L Subramaniam’s new book looks at the 18th-century masters
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View from the Margins: A Dalit Christian explains why he will be voting for change
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EC rejects claims that EVMs gave extra votes to BJP in Kerala mock polls, SC reserves verdict
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Husna Bai: The tawaif who made Hindustani music a respectable profession for women artists
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Is apple cider vinegar as good for health as it sounds?
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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: 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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Watch: Dogs wag their tails to ‘conduct’ classical music orchestra
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Watch: Glimpses of Indian singer Sid Sriram’s debut performance at Coachella 2024
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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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Watch: ‘The Broken News’ returns for a second season
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‘Dil Dosti Dilemma’ trailer: A teenager bonds with her grandparents during a summer vacation
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‘Silence 2: The Night Owl Bar Shootout’ review: A bland cop meets a dull case
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‘Juna Furniture’ trailer: Mahesh Manjrekar directs and stars in film about ageing
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Start the week with a film: In ‘Tokyo Sonata’, the unequal music of an emotionally distant family
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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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IPL 2024: Suryakumar, bowlers help Mumbai Indians seal thriller against Punjab Kings
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Cricket: Meg Lanning opens up about struggle with food and exercise that led to her early retirement
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Paris Olympics 2024: Long jumper Sreeshankar Murali ruled out of Games with knee injury
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Badminton: Kento Momota, former world champion, announces international retirement
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Chess, Candidates 2024: Gukesh Dommaraju drops to second after draw against Fabiano Caruana