Demonetisation
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All Stories for Demonetisation
India scraps the Rs 2000 note: Will this affect the economy?
Fp Explainers •The Rs 2000 note will remain legal tender but citizens have been asked to deposit or exchange these notes by 30 September. Analysts say this time the move is expected to be less disruptive as a lower value of notes is being withdrawn over a longer period of time
No forms, ID cards needed for exchange of Rs 2,000 banknotes: SBI
•The Reserve Bank of India on Friday decided to withdraw the Rs 2,000 denomination currency notes from circulation, but added that they will continue to remain legal tender
Twitter has a field day over RBI move to withdraw Rs 2,000 bank notes
Trendingdesk •The RBI in its latest announcement notified that Rs 2,000 notes will be withdrawn with immediate effect and can be exchanged till 30 Sept 2023
Why has RBI withdrawn Rs 2000 notes? How is this different from demonetisation?
Vibhutisanchala •The RBI has decided to withdraw Rs 2000 denomination of banknotes from circulation under the clean note policy. People have been advised to deposit the currency, which was introduced six years ago, into their bank accounts or swap them for notes of other denominations at any bank
Shift to cashless economy: Demonetisation has indeed boosted digital payments but let’s not over-hype it
Dinesh Unnikrishnan123 •There are tasks ahead in India’s digital journey. Mobile connectivity and seamless internet availability remain a problem in rural India
Beyond the SC verdict: How demonetisation has been a revolutionary and disruptive success story
Sanju Verma •The biggest success of demonetisation, is the fact that anywhere between 2 lakh crore rupees and Rs 5.4 lakh crore of money that was earlier outside the ambit of the tax net and largely unaccounted for, came to be a part of the formal banking system
Righteousness and politicising SC verdict on demonetisation will not help opposition but BJP
Sayantan Ghosh •The politics of over demonetisation has failed again and again. Now as the issue has a legal closure, the opposition should move on and accept that it was not an illegitimate decision by the Modi government
Explained: Who is BV Nagarathna, the lone SC judge who called demonetisation ‘unlawful’?
Fp Explainers •Justice BV Nagarathna was the sole judge to give a dissenting view on the Centre’s note-scrapping exercise in 2016. Calling demonetisation ‘unlawful and vitiated’, she questioned its legality. In line to be the Chief Justice of India in 2027, the 60-year-old isn’t afraid to voice her views
Timeline | From November 2016 to January 2023, a look at how the demonetisation case unfolded
•The Supreme Court upheld the government's 2016 decision to demonetise Rs 1,000 and Rs 500 denomination notes in a 4:1 majority verdict on Monday, saying the decision-making process was not flawed
SC says demonetisation valid, rejects plea challenging government’s 2016 note ban
Fp Staff •The Supreme Court has heard a batch of 58 petitions challenging the demonetisation exercise announced by the Centre on 8 November, 2016