Demonetization Archives

News Reports

The claim of missing ₹500 notes: Exclusive details of how data from documents obtained under RTI was misinterpreted and ignored to make an explosive...

Raju Das - 22 June, 2023

The Free Press Journal claim that 1760.65 million pieces of ₹500 notes supplied by presses in 2016-17 is wrong, based on misinterpretation of data

News Reports

Congress cries foul over phasing out of Rs 2000 currency notes: How several Congress govt followed the ‘demonetisation’ path to control black money

Gopal Tiwari - 22 May, 2023

On 19th May 2023, the Reserve Bank of India announced that it is withdrawing the circulation of ₹2000 currency notes.

Government and Policy

Over 8000 cr assets seized in IT raids in last eight years, demonetisation assisted in identifying unaccounted money in the country: What Govt said

Jhankar Mohta - 21 March, 2023

Govt revealed that the IT Dept has seized total assets worth Rs 8832.92 crores in the search and seizure action conducted by it from 2014-2015 to 2021-2022

News Reports

3 years of Demonetisation: Here are 10 most important goals it managed to achieve

OpIndia Staff - 8 November, 2019

It has been three years since PM Modi stunned the nation with a bold move - Demonetisation.

News Reports

Budget 2019: Demonetization helped undisclosed income to light and over 3 lakh shell companies deregistered, says Piyush Goyal

OpIndia Staff - 1 February, 2019

Acting Finance Minister Piyush Goyal highlighted the steps undertaken by the Modi government in his Budget 2019 speech

Demonetization: An attack on Left Wing Terrorism

Mani Bhushan Jha - 6 November, 2018

Many such organizations have been banned and blacklisted posted the decision of Demonetization.

Economy and Finance

Demonetisation – A step towards ‘Charitra Nirman’

Gunja Kapoor - 6 November, 2018

The Khao aur khaane do culture had become a way of life for the nation, and we clearly needed action to control this trend from becoming the ‘only’ way of doing business in India.

Government and Policy

Promoters of 73000 companies likely to face action over fraudulent transactions post demonetisation: Report

OpIndia Staff - 26 October, 2018

The premier investigation agency SFIO is currently probing 64 cases of alleged fraud involving 500 companies.

Government and Policy

Revenue department sends notices to about 10,000 people under the benami law

OpIndia Staff - 15 October, 2018

These are reportedly preliminary notices and upon further investigation, both the account holder and depositor may face action.

Economy and Finance

Demonetisation is a success and the naysayers have got their facts completely wrong

Shantanu - 15 September, 2018

So let us again rewind the declared aims sought to be achieved and analyse each one independently.

Demonetization

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