Five Years After Demonetisation
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Demonetisation, GST and lockdown: How the Modi government has wrecked India’s small businesses
Each time, the citizens were expected to endure ‘momentary hardships’, purportedly to achieve what was said to be a ‘noble goal’.
Priya Dharshini, Ashish Kajla & Anirban Bhattacharya
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Five years on, India’s sex workers are yet to recover from demonetisation’s devastation
The stigmatised and marginalised group, which lacks access to formal banking, was one of the worst-hit following the note ban.
Veshya Anyay Mukti Parishad
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Demonetisation has given rise to a state unanswerable to citizens
Citizens were told that the government would do the best for them and they did need not understand the rationale behind the policy choice.
Atul Sood
Trending
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Faltering economy, poor citizens, South Asia’s bully: The reality of India’s global ambitions
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‘Naach Ga Ghuma’ review: Soft landings in saga of a woman and her missing maid
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Mumbai school principal told to resign after being targeted by Hindutva website
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Five years after demonetisation, SC still to set up a bench to hear the petitions challenging it
In December 2016, the court had said the cases would be referred to a five-judge bench.
Umang Poddar
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Demonetisation caused Indians needless pain. Modi must accept moral responsibility for it
Five years later, the economy is still reeling under the shock.
Thomas Franco
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No country for young workers: How demonetisation has hurt a generation of Indians
They are not only being deprived of work but also of the opportunity to gain experience and create social capital.
Rosa Abraham & Anand Shrivastava
Video
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The spectacle of organised ignorance: Why Indians have chosen to forget the horror of demonetisation
It was a surgical strike on the country’s poorest. But it’s been almost eradicated from our memories.
Satyaki Roy
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Demonetisation left RBI’s reputation in tatters. What could future policy makers learn from this?
There must be consultation and greater co-ordination between the Reserve Bank as the regulator of money supply and the government as the sovereign.
TR Bhat
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No, demonetisation wasn’t a good idea, badly executed – it was a ridiculous idea from the start
The policy, which wreaked havoc on the lives of the poor, mistakenly conflated cash with black money.
Rohit Azad
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