India’s Demonetization: What You Need to Know JUNE 9, 2023 Demonetization is the act of stripping a currency unit of its status as legal tender. In modern economics, this is usually implemented by the government or central bank. In 2016, India implemented one of the largest and most […]
New Delhi, Nov 21: Congress president Rahul Gandhi Wednesday claimed that demonetisation had “destroyed” the lives of farmers and accused Prime Minister Narendra Modi of making “fun” of their plight during his poll campaigns. Taking to Twitter, he cited a media report that claimed the agriculture ministry has admitted […]
Washington, Nov 10: Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India’s economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country’s needs. Addressing […]
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