Eight Years of Demonetisation ā More Black Money, More Fake Currency, More Corruption, More Terrorism, and More Cash in Circulation
On November 8, 2016, the Prime Minister announced the withdrawal of ā¹500 and ā¹1000 currency notes.
Black Money, Fake Notes and Inflation – What are the Government and RBI doing?
On November 8th, 2016, Prime Minister Narendra Modi announced that Rs. 500 and Rs. 1000 currency notes would be abolished. These notes have to be surrendered to the bank branches. He said black money...
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 Indiaās high-value currency notes. With hindsight, itās clear that the high-decibel crusade supposedly aimed at unearthing black money and...
No, demonetisation wasnāt a good idea, badly executed ā 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.
Demonetisation: Lest we Forget
Changing goal posts has been a hallmark of the precariously conceived and insensitively implemented demonetisation, second anniversary of which was yesterday (Nov 8). Finance Minister who declared Nov 8 as Anti Black Money Day...
The Panama and Paradise Papers Exposes the Elites
In a paper that Desmond Fernandes and I wrote in the late 1990s, entitled āDeep Politics, Liberalisation and Corruption: The Mangalore Power Company Controversyā, a paper that exhaustively discussed implications to India due to...
