Demonetisation anniversary: India is ready to accept change is evident in fast adoption of digital payments, say experts
Demonetization strengthened the Digital India initiative launched by Prime Minister Modi and brought more transparency in the system.
tax evaders had managed to legalize their unaccounted money using mules and proxies to make deposits, made high-value purchases using back-dated bills and colluded with bank officials to exchange old currency.
Currency back in circulation at 91%, digital payments up but fluctuating; cashless economy a long way off
The number and value of digital payments has increased compared with the pre-demonetisation level, but by varying extents each month.
Demonetisation anniversary: Ban on Rs 500, Rs 1,000 jolted status quo, created new templates for financial conduct
Digitization is again a long process, but the behaviour change of not using cash as default could only be driven by a shock like demonetisation.
Demonetisation anniversary: Why nobody is entirely right on note ban benefits and why debate will never end
The debate about whether demonetisation was good or bad will never end because positions taken on it have less to do with economics/ facts/ logic and more to do with whether one idolises or demonises Narendra Modi
Prime Minister Narendra seems to have really believed in the myth that black money is a gigantic hoard of cash, waiting to be raided, says Jean Dreze
Demonetisation has been blamed for an adverse impact on the economy in the short run, as its "benefits are yet to overtake" the costs, Ernst & Young said in a report
Even an increase is govt spending is unlikely to boost GDP. There seems to be no end in sight yet for the demonetisation-induced pain
One year of demonetisation: Narendra Modi tried to do an Indira Gandhi but ended up being another Morarji Desai
Indira Gandhi could make bank nationalisation the biggest plank of her Garibi Hatao slogan. But Narendra Modi failed to replicate it with demonetisation