Tuesday, March 5, 2024

Topic: demonetization

“Unlawful:” What Justice BV Nagarathna said about overnight note ban?

The Supreme Court backed Union government's 2016 notes ban today in a 4-1 majority judgment and said it was "not relevant" whether the objective of the ban was achieved.

Union govt holding back crucial demonetisation documents, P Chidambaram tells Supreme Court

The Union government is holding back crucial documents related to the demonetisation in November 2016, Congress MP P Chidambaram told the Supreme Court on Thursday.

Supreme Court directs Union govt, RBI to submit comprehensive response on demonetisation

A five-judge Supreme Court bench headed by Justice S A Nazeer, on Wednesday, directed the Union government and the Reserve Bank of India to...

Priyanka Gandhi asks 5 questions to union govt on demonetisation anniversary

On the fifth anniversary of demonetisation, Congress general secretary Priyanka Gandhi Vadra on Monday termed it a "disaster."

Demonetisation was a ‘massive, draconian, monetary shock’, says former chief economic advisor

However, the former chief economic advisor, who quit his post in June, has not indicated whether he was consulted before the decision to ban notes worth Rs 500 and Rs 1,000 was taken. Prime Minister Narendra Modi announced the decision on November 8, 2016, and said it was intended to reduce corruption in the system.

Aftermath of demonetization and continuing economic distress; Modi’s new India

demonetization, a policy that caused chaos to businesses, widespread job losses and slowed economic growth. Modi’s predecessor, Manmohan Singh, said on Thursday the government should remember how “economic misadventures can roil the nation.”