Dinesh Demonetisation

Demonetisation: How Narendra Modi changed narrative from black money to cashless economy

Despite three weeks after the note ban, the cash crunch continues across the country, especially in non-metros, where people are still struggling to find lower denomination notes. ATMs and bank branches are still running dry.

Demonetisation: Cash crunch unlikely to end soon; PM Modi's 50-day promise a tall order

In the approaching days the scenario could turn even tougher for banks given that salaries will get credited to employee accounts and to draw this money, there could be long queues before ATMs and bank branches

Demonetisation: Why the fate of Narendra Modi’s grand Indian currency show rests with the taxman

The GDP forecasts post the note ban deepens the worry. On Thursday, India ratings said that de-legalisation of currency notes will erase about Rs 1.5 lakh crore from fiscal year 2017 GDP and the growth is likely to fall to a 3-year low.

Demonetisation day 30: Govt’s digital push is laudable, but its black money focus is fading

A cost-benefit analysis of demonetisation will have to be done once the government is done with the process and that’ll happen sooner than later.

Manmohan Singh’s warning to Narendra Modi: Is demonetisation already a ‘mammoth tragedy’?

It is too early to talk about the actual impact on the economy and its various stakeholders from the artificial cash crunch that is a consequence to PM Modi’s massive currency crackdown that has parallels in India only to the 1978 currency ban by Morarji Desai Government

Demonetisation: Why PM Modi’s big task now is finding a way out of the economic mess

Demonetisation would have been a clean-hit for Modi had he executed it with enough preparation. But, the hurried, poorly-thought out action has backfired badly on the economy and the pain is likely to outweigh the likely long-term gains of curbing black money, counterfeit notes and corruption