Opposition leaders on Thursday observed a 'Black Day' in Parliament premises to mark one month of the announcement of demonetisation, with Rahul Gandhi launching a scathing attack on Prime Minister Narendra Modi, saying his "foolish decision" has "devastated" the country.
In the last of a six-part series Sanjay Jog discovers that if the government and beedi employers don't act now, there could be social unrest soon.
The cross-Line of Control surgical strikes, policy towards Pakistan, the situation in Jammu and Kashmir, besides One Rank, One Pension and the plight of farmers were also among issues that were raised at the meeting with parties demanding discussion on them.
'A bit of foresight would have helped.' 'Isn't it common sense that this is sowing and wedding season?' 'The plan is indeed unquestionably revolutionary, but better preparedness could have avoided such teething troubles.'
In last two days, he has been able to receive Rs 600 to Rs 700 through the e-wallet service
The decision to do away with Rs 500 and Rs 1,000 notes accelerated the slowdown in economic activity with growth averaging 6.8 per cent in the seven quarters after it, as against an average of 8 per cent in the six quarters preceding it, says former chief economic advisor Arvind Subramanian.
The agency's probe till now found that huge monies were transferred through RTGS transfers to some shell companies including a case where the director of such a firm was a petty labourer
For those looking for more affordable options, purchasing an under-construction property could be a smart move, as these generally cost less than ready-to-move-in properties.
The finance minister said while the 10 years of the United Progressive Alliance government were characterised by "policy paralysis", the Modi dispensation introduced structural reforms to make India a developed nation and give it a cleaner economy.
Terming Prime Minister Narendra Modi's demonetisation move as "very bold", China's official media on Saturday said it was a "gamble" that would create a precedent irrespective of whether it succeeds or fails and China will draw lessons from its impact on corruption.
'Farmers are like living corpses in India.'
While BJP members moved into aisles shouting slogans and demanding an apology from Azad, Congress members too rushed into the Well raising slogans demanding an apology from the prime minister.
'PM Modi would have swept the elections in Kashmir after notebandi but then he scrapped Article 370 so all his good work went down the drain.'
'The BJP gets most of its contributions in cash.' 'Now they may show that donations are made in small amounts, less that Rs 20,000, but everyone knows this is just absurd.'
Cottage industries across India have suffered heavily because of the note ban. In the second of a six-part series, Sanjay Jog travels to Bhiwandi to examine how the power loom industry here is coping five weeks on.
'If the NDA comes to power with 320-330 plus seats, then we could see some correction. We could possibly see a level of 19,500 to 20,000.' 'If the NDA comes to power with a majority of 400-plus, we could see the markets going to about 23,500-24,000 levels.' 'And from there we could see some correction because markets are expensive at this point of time and a correction is overdue.'
'It is going to be as high as 50% in the coming one or two months and can be about 20% to 25% in the medium term.'
Moody's said implementation challenges, in addition to affecting growth and government revenues, will impact corporates by lowering sales volumes and cash flows.
We are certainly for digitisation. I do not have opinion about demonetisation. I still don't, says Bill Gates.
The number of poor people travelling by train has followed a similar trend since 2011.
'If errors of judgement have been made, there should be no shame in admitting these.' 'Correct the wrong done immediately.' 'The janata will love the government for admitting its mistake,' Shatrughan Sinha tells Subhash K Jha.
The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.
The ultra groups are desperate ever since the Narendra Modi-led government had decided to demonetise Rs 500 and 1000 currency notes from the midnight of November 8 last, which had an adverse impact on the activities of naxal and extremists group in the state, Additional Director General, Jharkhand, R K Mallick said.
Kejriwal alleged that demonetisation was the "biggest scam" in Independent India's history while Banerjee said Modi should not run the country through "dictatorship".
On the third anniversary of the Bharatiya Janata Party-led National Democratic Alliance government, Modi thanked the 1.25 crore people of the country for standing by him in every decision his government took.
The opposition disrupted the Rajya Sabha, stalling midway the discussion on demonetisation that started on Wednesday.
Of the over five lakh responses, only two per cent rated demonetisation as a 'very poor' move by the government.
Demonetisation has hit Indian sports as well with the second edition of Pro Wrestling League (PWL) being postponed from its original scheduled start of December 15.
A week after Prime Minister Narendra Modi announced that the Rs 500 and Rs 1,000 notes are illegal tender, at least 33 people have been reported dead in demonetisation-related incidents.
Finance Minister Arun Jaitley should not drop the ball on continuing the battle against black money and move towards digital transactions to reduce the preponderance of cash in the economy, says A K Bhattacharya.
'They think quick fixes like internship in the private sector will help. 'In fact, internships have been going on for the last one decade.' 'In 2014-2015 itself, we had a ministry of skill development. None of the programmes have yielded results, still they are continuing with such schemes under some other name.' 'We don't see any seriousness on the part of the government to attack the problem of unemployment.'
What's the real reason behind ATMs running dry even in states that are not election-bound, wonders Nivedita Mookerji.
Housing prices could drop by up to 30% over 6 to 12 months after demonetisation.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
Sukanya Verma gives you some great options to choose from.
James Wilson tracks down discrepancies in the much-hailed demonetisation policy and the subsequent statements of the government and the Reserve Bank of India.
A post in Humans of Bombay's Facebook page from a manager of a bank will give you an insight of what the bankers are going through and will urge you to cooperate with them.
"While it takes political courage to launch such a trailblazing and massive campaign; it actually takes far more wisdom to give it a happy ending," an article in the state-run Global Times said.
The Supreme Court on Friday dubbed as a "serious issue" the long queues outside banks and post offices and expressed its reservation on the Centre's plea seeking a direction that no other court in the country should entertain petitions challenging the November 8 notification demonetising Rs 1,000 and Rs 500 currency notes.
She said the Centre is allowing demonetised notes in various sectors like railways, aviation, petroleum, etc but not for state government sectors.
