Well then, what did DeMo achieve? As predicted by most economists, the volume of transactions fell, economic activity was adversely impacted, and some sectors (which were more dependent on cash transactions) witnessed greater disruption than others, says Rahul Khullar.
It is too late in the government's term for it to pull its usual trick of blaming the last guys.
As Narendra Modi and his ministers vigorously campaign for a shift to a cashless society, Rediff.com's Syed Firdaus Ashraf reports on what is really happening on the ground.
While Indian IT has known what is coming and has a strategy ready to combat it, the same can't be said about the country and the government.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
Rediff readers share their Cash Crisis experiences.
Why is the government unwilling to disclose the winners of its DigiDhan Yojana?
'During the transition process, we have some control over the withdrawals.' 'In terms of your wealth, the money in your deposit account is where it is.'
'Fear is also a great impetus to push people in the right direction.' 'So, everyone who has touched black money is scared and I'm very happy about it.'
Vijay Mallya, who faces prosecution in India, is reportedly in London.
eBay and PayPal will be sharper and stronger, and more focused and competitive as leading, standalone companies in their respective markets.
M Muneer recommends segmenting the population on the basis of their propensity to embrace new technologies is the key to driving digitisation.
Jaitley's Budget has the potential to change the face of Modi's Bharat
Adhil Shetty, CEO, BankBazaar.com shares his thoughts on what could help make digitisation and going cashless easier in the New Year.
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
Bengaluru-based iKaaz Software, a mobile payment solution provider, is launching a new application, MOWA, that works almost like the Apple Pay
It is all about hitting the ball high and timing it right.
While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash.
He also dismissed as 'a mere eye wash' the house arrest of Lashkar-e-Tayyaba chief Hafiz Saeed.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
The govt has a lot more to do then just open bank accounts for the poor in the Jan Dhan scheme.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
'Their vote bank has shifted to the BJP; the Congress is yet to realise it.'
'If the government had not spent an incredible amount of energy on demonetisation it may -- may, because it had not done anything the previous six months either -- have been able to pay attention to the deeper problems of low investment and job creation.'
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
Despite having the third-largest internet user base in the world, India does not feature in the top ten e-commerce markets
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
'If you want to live a happy life, you have to help the downtrodden. You have to understand that you have been given a position which is a confluence of your own capability and the grace of God. You must use that position to exemplify to others what has to be followed.'
The conversion from ownership to taxi hiring services is gaining ground.
The longer it takes for RBI and the government to stabilise monetary conditions in the economy, the more severe and long lasting will be the damage caused to various sectors of the economy, especially to the informal sector, says Rajeswari Sengupta. Rajeswari Sengupta discusses the impact of this move on money supply, output and prices, in the short- and medium-term.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
The industry employs about 10 million workforce.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
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