2016 Indian banknote demonetisation
Demonetisation of Indian banknotes
2016 Indian banknote demonetisation ▸ Facts ▸ Comments ▸ News ▸ Videos
On 8
November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series. It also announced the issuance of new ₹500 and ₹2,000 banknotes in exchange for the demonetised banknotes. Prime Minister Narendra Modi claimed that the action would curtail the shadow economy, increase cashless transactions and reduce the use of illicit and counterfeit cash to fund illegal activity and terrorism.
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Demonetisation ended economic recovery that began in 2013: CongressCongress general secretary, communications, Jairam Ramesh said in a statement that demonetisation along with a "badly designed" GST finished off India's job-generating small and medium businesses,..IndiaTimes - Published | |
Revealed: Demonetisation led to seizure of this whopping amountDemonetisation resulted in not only detection of black money but also increased tax collection and widened the tax base.DNA - Published | |
Demonetisation cannot be set aside on ground that it caused hardship to citizens: SCThe demonetisation notification issued by the Union government cannot be set aside on the ground that it caused hardship to citizens, the Supreme Court said on Monday.The top court, which upheld the..IndiaTimes - Published | |
Demonetisation of Rs 500, Rs 1,000 currency notes had to be done through legislation: Justice NagarathnaIndiaTimes - Published | |
Demonetisation verdict - SC rejects pleas challenging govt's 2016 note ban decision: Key pointsA 5-judge Constitution bench of the Supreme Court on Monday rejected challenge by 58 petitions to the Union government's 2016 decision to demonetise Rs 500 and Rs 1000 currency notes saying the..IndiaTimes - Published | |
Supreme Court to pronounce verdict on pleas against demonetisation todayDemonetisation news: Supreme Court will reopen after its winter break on January 2.DNA - Published | |
Demonetisation | Restricted judicial review of economic policy does not mean court will fold hands and sit back: SCThe top court was hearing a batch of 58 petitions challenging the demonetisation exercise announced by the Centre on November 8, 2016.DNA - Published | |
Demonetisation 'well-considered' decision to combat black money, terror financing: Centre tells Supreme CourtDemonetization was component of a bigger strategy to tackle threat of counterfeit money, terrorism financing, black money, it further stated.DNA - Published | |
Government: Demonetisation due to big rise in Rs 500/1,000 notesThe Centre on Wednesday told the Supreme Court that a massive increase in the circulation of currency notes of Rs 500 and Rs 1,000 denomination was one of the prime factors influencing the Reserve Bank..IndiaTimes - Published | |
Embarrassed, says DeMonetisation bench as AG seeks timeIndiaTimes - Published | |
Demonetisation was organised loot, helped convert black money into white: TMCIndiaTimes - Published | |
Demonetisation was financial attack on traders: Rahul GandhiIndiaTimes - Published | |
Five years of Demonetization: How it has helped digitalising IndiaIndia saw a significant surge in digital transactions post-2017 which simultaneously lowered traditional transactionsDNA - Published | Five years of Demonetization: Things that made it successfulIndia's economy has benefitted from Demonetization and has led people to the world of digitisation - Know howDNA - Published |
Demonetisation pushed India's economy into tailspin: Left parties slam Modi govtIndiaTimes - Published | |
