Page 18 - Demonetisation

Note ban misery: Nobel laureate's unemployment warning unfolds in Ahmedabad

As Paul Krugman warned India of mass unemployment, and a leaked government report revealed that the male workforce shrank by 18 million over six years to 2018

Kerala: Migrant labour faces worst effects of post demonetisation slowdown

Everything changed on November 8, 2016, when Prime Minister Narendra Modi's demonetisation order invalidated 86% of India's currency.

Letter to BS: Note ban forced ownership of every rupee in monetery system

Now that every single rupee has an owner, he will have to explain where the money came from

RBI had warned govt against demonetisation hours before Modi's announcement

The share of the banned notes in the currency in circulation was about 86 per cent, amounting to about Rs 15.41 trillion

UBI good, but likely to be too costly to implement, says Martin Wolf

Remember, only the US Fed is raising the rates. The Europeans, Japanese, and the Chinese are not doing that.

Unemployment rose to a 4-year high during demonetisation: Govt survey

Sources said the Labour Bureau's report was approved by Labour and Employment Minister Santosh Kumar Gangwar in December but its public release has been withheld by the ministry

Make Rs 200, Rs 500, Rs 2,000 Indian notes legal in Nepal: Country to RBI

Before the demonetisation of Rs 500 and Rs 1,000 banknotes, the RBI had issued a FEMA notification allowing Nepali citizens to carry Rs 25,000 worth of such banknotes

Two years after its launch, India stops printing new Rs 2,000 notes: Report

The govt has done it gradually stop the high denomination note's circulation

World turns attention to how note ban affected Indian economy, politics

Economists all over the world have dug through the rich trove of data, and here's what they found about the monetary shock that still lingers over India

Demonetisation severely hit economic growth, jobs, bank credits: Study

India's GDP growth rate slowed to 6.1 per cent in the fourth quarter of 2016-17, from 7 per cent in the previous quarter

Note ban shaved off GDP growth by 2 percentage points in Q4 2016: Economist

The Indian economy grew at 7 per cent in the third quarter (when demonetisation was implemented) of 2016-17 and at 6.1 per cent in the subsequent quarter

Banning high-value notes 'bad idea', demonetisation slowed growth: Rajan

Growth was not only impacted due to demonetisation, but also because of the implementation of GST, he said

Way paved for data on Rs 2,000, Rs 500 notes printed after demonetisation

Currency-printing subsidiary of Reserve Bank of India claimed sharing the information will hurt India's economic interests.

I-T returns filed in April-Nov up 50% y-o-y owing to demonetisation: CBDT

48% of annual target for direct taxes already collected, says CBDT chairman

DeMo, agrarian crisis exposed consequences of financial exclusion: Report

Following demonetisation, the agriculture sector was one of the worst hit as farmers usually deal in cash

Note ban had no impact, failed to keep check on black money: Ex-CEC Rawat

Rawat demitted office on Saturday and Sunil Arora took over as the new chief election commissioner on Sunday

Demonetisation will be probed after change of govt at Centre: Cong leader

The Congress leader also claimed the 'haphazard' and 'indiscreet' decision devastated the MSME sector and about 40 million jobs were lost

Note ban against corrupt, not elite: NITI V-C on Arvind Subramanian remark

In a soon to be published book, Subramanian has criticised demonetisation as a massive, draconian, monetary shock that accelerated economic slide

Subramanian explains why note ban had to be draconian for political success

The former chief economic adviser explains in his new book why vice became virtue when it concerned demonetisation

Demonetisation a draconian shock that hurt GDP growth: Arvind Subramanian

Growth had been slowing even before, but after demonetisation, the slide accelerated, the former CEA says