6 years of demonetisation: Digital payments boom after demonetisation
The biggest decision related to the Indian economy was taken 6 years ago. Prime Minister Narendra Modi gave an address to the nation on 8 November 2022 at 9 pm, under which the old notes of 500-1000 rupees were announced to be discontinued.
Nov 08, 2022, 12:16 PM ISTDemonetisation – From a closely guarded secret to facts that went into the decision
The plan to demonetise rupee 500 and rupee 1000 bank notes was kept highly confidential.
Nov 08, 2017, 13:24 PM ISTOne year of demonetisation: How note ban has impacted black money, tax collections
Among the main objectives of demonetisation was the flushing out of black money and also conversion of the non-formal economy into a formal economy to expand the tax base.
Nov 08, 2017, 11:27 AM ISTDemonetisation has widened scope for digitisation among retailers: Study
More digital interface would help create a transaction history for the small retailers and enable them to get loans from banks.
Nov 08, 2017, 10:08 AM ISTInteresting facts about history of demonetisation of Indian rupee notes
Rs 1,000 and higher denomination notes were first demonetised in January 1946 and again in 1978. Know more interesting facts.
Nov 08, 2017, 10:05 AM ISTNext generation will look at demonetisation with great pride: Arun Jaitley
The Finance Minister said he was "more than satisfied" with the new direction the economy is moving.
Nov 07, 2017, 17:35 PM IST