Page 4 - Demonetisation

Demonetisation wasn't initiated only by Narendra Modi, says new book

In his memoir, former president Pranab Mukherjee writes that the idea had been discussed in Parliament and raised mainly by non-Congress parties several times, particularly from the 1970s to the '90s

Infant mortality rose after DeMo, Covid may cause another setback: Study

According to the paper, overall infant mortality increased in Chhattisgarh, Jharkhand, Madhya Pradesh and Uttar Pradesh, and stagnated for at least a year in seven other states

Four years on

Even with hindsight, hard to say demonetisation was a success

Best of BS Opinion: Industrial era GDP measures, gold loans glitter & more

Here's a selection of Business Standard opinion pieces for the day

4 years on, PM Narendra Modi says demonetisation demolished corruption

On November 8, 2016, Modi announced the decision to ban all currency notes of denomination of 500 and 1,000 from midnight

Demonetisation 'destroyed' economy, helped few crony capitalists: Rahul

Gandhi and the Congress have been alleging that the 2016 demonetisation was not in the interest of the people and had adverse effects on the economy, a charge the government has dismissed repeatedly

Best of BS Opinion: Two routes to atmanirbharta, triumph of Trumpism & more

Here's a selection of Business Standard opinion pieces for the day

Questions abound as CBI seeks to chargesheet former CAG Shashi Kant Sharma

When Shashi Kant Sharma was appointed CAG in 2013, BJP had noted that he would be handling an audit into his own role in the AgustaWestland chopper deal - a classic case of conflict of interest

UPI volumes at new high; digital transactions almost at pre-Covid levels

In August, UPI volumes touched 1.61 billion transactions worth Rs 2.98 trillion, compared to 1.49 billion transactions in July worth Rs 2.9 trillion

BJP govt attacked unorganized economy with note ban, GST, lockdown: Rahul

Rahul Gandhi launched a scathing attack on the BJP govt and said the central government has attacked the country's unorganized economy in the last six years attempting to turn people into slaves

Covid-19 crisis: In 2020, housing launches fell below demonetisation levels

At 42,000, new housing units launched during the period in the top seven urban clusters (NCR, MMR, Pune, Bengaluru, Kolkata, Chennai, and Hyderabad) fell even lower than post-demonetisation period

Future Harvard studies will be held on Modi's failed policies: Rahul Gandhi

His attack came a day after India surpassed Russia to become the third worst-hit nation by the Covid-19 pandemic

Vocal for local initiative is not xenophobic, says BJP's Sanju Verma

Big bang reforms have been the norm under Modi government, writes Sanju Verma

Modi reforms come cropper despite big ideas as bureaucrats lack motivation

Despite big ideas, Modi comes off poorly as a reformer. Because his bureaucrats lack the motivation to push reforms and are beginning to enjoy unbridled power

Coronavirus to trigger fresh consolidation across sectors, says BofA

Brokerage says organised, large firms will grab more market share in the post-Covid world

The lockdown hammer

Keeping the economy locked costs lives too and it may not be a price worth paying

India to become world leader in UPI payments volume in next 5 years: Report

What makes India a potential leader is its payments modernization initiatives in the wake of demonetisation, giving it an edge over other nations.

Handling of lockdown brings back DeMo memories: Economist Jean Dreze

Dreze was part of academicians and activists who recently wrote to the Centre about the situation of the migrant workers

The Ministry of Acronyms, Shlokas and Slogans

Whenever there's corona to be combatted, or banknotes to be withdrawn, this new ministry would come up with the necessary acronyms

197 mn Indians tuned into PM Modi's coronavirus lockdown telecast: Report

Prime Minister Narendra Modi's address had more unique viewers than the Indian Premier League (IPL) final, which was watched by 133 million.