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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‘Heeramandi’ review: Lahore Luxe tawaif saga runs on empty
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Mumbai school principal told to resign after being targeted by Hindutva website
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‘Naach Ga Ghuma’ review: Soft landings in saga of a woman and her missing maid
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Shifting goalposts: AIFF chief Kalyan Chaubey needs to come clean on the ISL not having relegation
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Sugar in Nestlé baby food sold in African countries shows how corporations influence public policy
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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: Meet Sparkles, the new avatar of Boston Dynamics’ robot dog with a special costume
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Watch: Diljit Dosanjh invites young fan on stage, dances with him during his sold-out Vancouver show
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Watch: School authorities turn classroom into swimming pool to encourage attendance during heatwave
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Watch: Woman recreates pet parrot’s choreography
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Watch: Neighbours rescue infant from second floor sunshade after she fell from fourth floor balcony
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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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‘Naach Ga Ghuma’ review: Soft landings in saga of a woman and her missing maid
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‘Heeramandi’ review: Lahore Luxe tawaif saga runs on empty
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‘The Fall Guy’ review: Ryan Gosling and Emily Blunt sparkle in entertaining action comedy
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‘Mufasa: The Lion King’ trailer: Barry Jenkins directs prequel to 2019 photorealistic animated film
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Start the week with a film: A divorce from hell in ‘The War of the Roses’
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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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Badminton, Thomas and Uber Cup 2024: Indian women exit in quarter-final after loss to Japan
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Squash, Saurav Ghosal interview: ‘People enjoyed watching me, this was the legacy I wanted to leave’
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Boxing, Asian U22 & Youth C’ships: Aryan, Yashwardhan, Priyanshu among Indians in semi-finals
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Shifting goalposts: AIFF chief Kalyan Chaubey needs to come clean on the ISL not having relegation
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IPL 2024: Harpreet Brar, Rahul Chahar bowl Punjab Kings to crucial win over Chennai Super Kings