Is there any link between demonetisation and J&K ‘peace’?
J&K government figures show that stone pelting incidents had been declining month on month since their height of 820 incidents in July; in August they came down to 747, in September to 119, 157 in October; and this month till 14 November there were 49 incidents, with 15 of them taking place between 8 November when demonetisation was announced.
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Demonetisation: High risks, meagre rewards
The declared objective is noble. But did we choose the optimal implementation mechanism?
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What demonetisation says about and does for Modi
For the Narendra Modi government, the demonetisation exercise is not a standalone that simply tackles existing black money. It is part of a multipronged attack on the cash economy.
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Demonetisation and its effect on economy
During the period 2014-2016, there was a substantial growth in the volume of higher denomination currency notes, wherein ₹500 and ₹1,000 notes experienced a growth rate of 17.4% and 11.6% respectively.
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Behind the scenes: How the Modi government came to its decision to scrap high-value currency notes
Domestic black money is a vote of no confidence on the Government only while illegal Indian wealth abroad is a vote of no confidence on India as a country and hence treason.
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In a suprise move, Modi Govt demonitises high denomination notes
Nobody expected PM Modi to act quite so decisively or quite as fast. His famed organisational skills were certainly on display: His cabinet decided, the prime minister addressed the nation and the governor of the Reserve Bank of India — whose signature is in the notes, after all — followed him on TV with a message of calm.
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