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5 years after demonetisation

Demonetisation has given rise to a state unanswerable to citizens

After demonetisation in November 2016, a new relationship between the citizen and state has emerged where the citizen no longer has any power to hold the state to account. After five years of demonetisation,...

Read more December 3, 2021 at 2:20 pm Atul Sood

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...

Read more November 12, 2021 at 6:06 pm Satyaki Roy

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...

Read more November 12, 2021 at 6:03 pm T R Bhat

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.

Read more November 12, 2021 at 5:57 pm Rohit Azad

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...

Read more November 12, 2021 at 3:39 pm Arun Kumar

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Centre for Financial Accountability

Address: Address - R–21, Basement, South Extension-2, Delhi – 110049

Phone: +91-11-49123696
E-mail: info@cenfa.org
Website: http://www.cenfa.org/

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  • OUR MISSION

    Centre for Financial Accountability (CFA) aims to bring in accountability in financial institutions who lend money to development projects, through research and campaigns.

    CFA is a project of BIC Trust and CACIM

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