demonetisation Archives - Page 2 of 4 - Centre for Financial Accountability

No country for young workers: How demonetisation has hurt a generation of Indians

The disruption that the demonetisation of high-value currency notes on November 8, 2016, caused to people’s lives, live...

Coverage

Article

The spectacle of organised ignorance: Why Indians have chosen to forget the horror of demonetisation

It has been five years since demonetisation, the surgical strike on November 8, 2016, on India’s high-value currency no...

Coverage

Article

Demonetisation left RBI’s reputation in tatters. What could future policy makers learn from this?

While the entire Indian economy was disrupted by the demonetisation exercise announced on November 8, 2016, removing hi...

Coverage

Article

No, demonetisation wasn’t a good idea, badly executed – it was a ridiculous idea from the start

Was demonetisation a good idea, badly implemented? I have heard this from the supporters of the regime but, to my surpr...

Coverage

Article

5 years later, it’s even more clear that demonetisation was a disaster for India

The demonetisation of high-denomination currency notes on November 8, 2016, created a nightmare for citizens that laste...

Coverage

Article

Reserve Bank of India or the Richmen Bank of India?

RBI has been losing credibility since demonetisation. Its subsequent efforts like not intervening when Bank charges were...

General Random Reflections

Article

Random Reflections- Demonetisation – The cruel joke on the People

After demonetisation on November 8, 2016, seeing the anger of the people, on Nov 13 PM Modi in an emotionally choked sp...

Indian Economy Random Reflections

Article

Random Reflections-Finance Minister on the rampage guided by BCG

Ms. Nirmala Sitharaman while unveiling EASE 30 Public Sector Bank Reform plan stated, “Your good will is lost, personal...

Blog Indian Economy Random Reflections

Article

Random Reflections: Three Years of Demonetization – Where is the Black Money?

On Nov 8th, 2016 the Prime Minister told the citizens that “For years, this country has felt that corruption, blac...

Blog National Financial Institutions NFIs Random Reflections

Article

Rubbles of an Economic Earthquake: Analysis of Banking & Finance Sector Under Modi Government

This book, published by the Centre for Financial Accountability (CFA), New Delhi, critically analyses some of the major ...

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November 12, 2021

Rosa Abraham & Anand Srivastava

No country for young workers: How demonetisation has hurt a generation of Indians

The disruption that the demonetisation of high-value currency notes on November 8, 2016, caused to people’s lives, livelihoods and the Indian economy is still fresh in many people’s memories. The direct impact on the informal economy that largely operated in cash, and the consequent ripple effects ...

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Article

November 15, 2021

Satyaki Roy

The spectacle of organised ignorance: Why Indians have chosen to forget the horror of demonetisation

It has been five years since demonetisation, the surgical strike on November 8, 2016, on India’s high-value currency notes. With hindsight, it’s clear that the high-decibel crusade supposedly aimed at unearthing black money and suffocating terrorist funding ended with a whimper. Instead of the redi...

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Article

November 15, 2021

T R Bhat

Demonetisation left RBI’s reputation in tatters. What could future policy makers learn from this?

While the entire Indian economy was disrupted by the demonetisation exercise announced on November 8, 2016, removing high-value currency notes overnight, it simultaneously stirred a serious controversy on the role of Reserve Bank of India as the principal regulator of money supply in India. In unde...

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Article

November 15, 2021

Rohit Azad

No, demonetisation wasn’t a good idea, badly executed – it was a ridiculous idea from the start

Was demonetisation a good idea, badly implemented? I have heard this from the supporters of the regime but, to my surprise, even friends who are otherwise critical believe this to be true. The government’s stated aim for denotifying high-value currency notes with a four-hour deadline on November 8,...

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November 15, 2021

Arun Kumar

5 years later, it’s even more clear that demonetisation was a disaster for India

The demonetisation of high-denomination currency notes on November 8, 2016, created a nightmare for citizens that lasted several months. Long queues formed outside the banks and ATMs to obtain swap denotified currency notes for new ones so that life could continue. This situation persisted even bey...

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June 18, 2021

Thomas Franco

Reserve Bank of India or the Richmen Bank of India?

RBI has been losing credibility since demonetisation. Its subsequent efforts like not intervening when Bank charges were increased, proposing banking licences to corporates which RBI all along opposed on well found principles, allowing more FDI into Banking Sector, relaxing Priority Sector Lending n...

General Random Reflections

Article

November 11, 2020

Thomas Franco

Random Reflections- Demonetisation – The cruel joke on the People

After demonetisation on November 8, 2016, seeing the anger of the people, on Nov 13 PM Modi in an emotionally choked speech in Goa said “I have asked the country for just 50 days. If after December 30, there are short comings in my work or there are mistakes or a bad intention found in my work, I w...

Indian Economy Random Reflections

Article

March 5, 2020

Thomas Franco

Random Reflections-Finance Minister on the rampage guided by BCG

Ms. Nirmala Sitharaman while unveiling EASE 30 Public Sector Bank Reform plan stated, “Your good will is lost, personal connection is lost, assessment at the bottom level is lost… forgetting branch level connect with customers has not done us good.” She is correct but she forgets that her own Gover...

Blog Indian Economy Random Reflections

Article

February 7, 2020

Thomas Franco

Random Reflections: Three Years of Demonetization – Where is the Black Money?

On Nov 8th, 2016 the Prime Minister told the citizens that “For years, this country has felt that corruption, black money and terrorism are festering sores, holding us back in the race towards development.” He went on to add that enemies from across the border run their operations using ...

Blog National Financial Institutions NFIs Random Reflections

Article

June 10, 2019

CFA Admin

Rubbles of an Economic Earthquake: Analysis of Banking & Finance Sector Under Modi Government

This book, published by the Centre for Financial Accountability (CFA), New Delhi, critically analyses some of the major economic policies of the National Democratic Alliance (NDA) government since May 2014. The book chronicles “tectonic changes,” including demonetisation in November 2016, the Goods ...

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demonetisation

No country for young workers: How demonetisation has hurt a generation of Indians

The spectacle of organised ignorance: Why Indians have chosen to forget the horror of demonetisation

Demonetisation left RBI’s reputation in tatters. What could future policy makers learn from this?

No, demonetisation wasn’t a good idea, badly executed – it was a ridiculous idea from the start

5 years later, it’s even more clear that demonetisation was a disaster for India

Reserve Bank of India or the Richmen Bank of India?

Random Reflections- Demonetisation – The cruel joke on the People

Random Reflections-Finance Minister on the rampage guided by BCG

Random Reflections: Three Years of Demonetization – Where is the Black Money?

Rubbles of an Economic Earthquake: Analysis of Banking & Finance Sector Under Modi Government

No country for young workers: How demonetisation has hurt a generation of Indians

The spectacle of organised ignorance: Why Indians have chosen to forget the horror of demonetisation

Demonetisation left RBI’s reputation in tatters. What could future policy makers learn from this?

No, demonetisation wasn’t a good idea, badly executed – it was a ridiculous idea from the start

5 years later, it’s even more clear that demonetisation was a disaster for India

Reserve Bank of India or the Richmen Bank of India?

Random Reflections- Demonetisation – The cruel joke on the People

Random Reflections-Finance Minister on the rampage guided by BCG

Random Reflections: Three Years of Demonetization – Where is the Black Money?

Rubbles of an Economic Earthquake: Analysis of Banking & Finance Sector Under Modi Government