Electoral Bonds, bulldozer justice among key verdicts by Chief Justice BR Gavai
BR Gavai is the first Chief Justice of India from the Buddhist community and only the second judge from the Scheduled Castes to hold the office.
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Demonetisation
Demonetisation is defined as the act of removing the legal tender status of currency units. This can occur when the national currency is changed. It can really affect the economy of a country if undertaken suddenly and without warning. This is so because it directly affects the medium of exchange in economic transactions.
Most of the countries across the globe have used Demonetisation at some point and it is done to control situations such as inflation and to boost the economy. In November 2016, the Indian government banned the high denomination notes of Rs 1000 and Rs 500 as a move to curb counterfeiting and money laundering.
On November 9, Indian Prime Minister Narendra Modi orchestrated his plans of a denomination to uproot the problems of corruption, black money, and counterfeiting in India. His decision to scrap all the notes of Rs 1000 and Rs 500 made it to headlines all over the world, attracting both positive and negative comments.
About 86 per cent of the currency in circulation became invalid by midnight. The three main objectives of the demonetisation were fighting black money, fake notes and creating a cashless economy by pushing digital transactions.
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Maha Vikas Aghadi launches poll manifesto, promises caste census in Maharashtra
The opposition MVA on Sunday released its manifesto for the November 20 Maharashtra polls, promising free cervical cancer vaccines for girls aged 9 to 16 and two optional leave days for women employees during menstruation.
‘Can discuss Nehru but not notes ban?’ Abhishek Banerjee’s retort to Speaker
The Lok Sabha on Wednesday saw a heated exchange between Speaker Om Birla and Trinamool Congress MP Abhishek Banerjee. During the discussion over the Union Budget in the Lower House, he Trinamool MP started speaking about demonestisation and the now repealed three farm laws.
Decoding Congress's Nyay Patra: Five 'Pillars of Justice', 25 guarantees
The Congress party released its mission statement for the Lok Sabha Elections -- The Nyay Patra -- on Friday. Focusing on five "pillars of justice", especially for women, youth, and farmers, the manifesto promises a legal guarantee for MSP, raising the 50 percent cap on reservations for SCs, STs, and OBCs, conducting a nationwide caste census, scrapping the Agnipath scheme, granting statehood to Jammu and Kashmir, and more. Notably, it also vowed reinvestigation into demonetisation and the electoral bond, as well as reinvestigation into the Rafale deal and the Pegasus spyware. Meanwhile, the BJP accused the Congress of peddling lies through the poll manifesto.
'Unemployment in India higher than Pakistan...: Rahul Gandhi
Congress leader Rahul Gandhi addressed a large crowd in the Mohana area of Gwalior city on the 50th day of his Bharat Jodo Nyay Yatra, launching an attack on the Central government and blaming it for growing unemployment in the country. "Today, in the last 40 years unemployment is the highest in the country. Do you know, India has double the unemployment as compared to Pakistan. Here 23 percent youth are unemployed, there (in Pakistan) it is 12 per cent, so in India, it is double (that of Pakistan). We have more unemployed youth than Bangladesh and Bhutan because Narendra Modi has finished small businesses by demonetisation and implementing GST," Rahul Gandhi said.
Supreme Court’s judgment on demonetisation
The Supreme Court delivered its judgment on the Centre’s 2016 demonetisation decision and said the notification cannot be struck down.
Watch what Chidambaram has to say on Supreme Court's verdict on demonetisation
Senior Congress leader and former Union Finance Minister P Chidambaram shares his views on the Supreme Court's 4:1 majority verdict which upheld the government's 2016 decision to demonetise Rs 1,000 and Rs 500 denomination notes.
Has Supreme Court verdict finally settled the political debate on demonetisation?
The Supreme Court holding the demonetisation decision as neither "flawed nor hasty" was on Monday hailed by the BJP as "historic" even as the Opposition contended that it is "misleading and wrong" to say the court has upheld the move.
SC upholds Centre's decision on demonetisation, dismisses all plea challenging note ban
The Supreme Court has upheld the decision of the Union government taken in 2016 to demonetise the currency notes of Rs 500 and Rs 1000 denominations. While dismissing a batch of pleas challenging the note ban, the Supreme Court said the decision could not be faulted just because the Centre initiated it. "The demonetisation exercise cannot be struck down on grounds of proportionality," the top court said.
SC verdict on Centre's note ban move today; 2 terrorists carried out Rajouri attack; more
The five-judge bench of the Supreme Court on Monday will be pronouncing its verdict on a batch of 58 petitions challenging the legal validity of the November 2016 demonetisation. The petitions have claimed that the due process required for the demonetisation was not followed, and the rights of Indian citizens were violated due to the arbitrary decision.
PAN card for deposits above Rs 50,000, no requisition slip for Rs 20,000 | Exchange starts today
Individuals can start exchanging or depositing Rs 2,000 notes at banks from today. Here's all you need to know about the process.
Rs 2,000 notes withdrawn: Is this demonetisation 2.0?
In a surprise move, the Reserve Bank on Friday announced the withdrawal of Rs 2,000 currency notes from circulation but gave public time till September 30 to either deposit such notes in accounts or exchange them at banks.
AAP, BJP trade barbs over PM Narendra Modi's MA degree
Delhi Chief Minister Arvind Kejriwal and the BJP have been engaged in a war of words over Prime Minister Narendra Modi's MA degree. AAP supremo Arvind Kejriwal said that had the Prime Minister of the country been literate, he would not have implemented the Goods and Services Tax in a hurry, nor would he have brought in demonetisation. BJP spokesperson Sudhanshu Trivedi hit back saying Arvind Kejriwal has lost his sanity. The AAP and BJP have been exchanging a volley of words after the Gujarat High Court quashed the Chief Information Commissioner’s 2016 order directing Gujarat University to provide information on Prime Minister Narendra Modi’s MA degree under RTI. The court also directed the Delhi CM to deposit Rs 25,000 cost with the Gujarat State Legal Services Authority for seeking information on PM Modi's MA degree.
Demonetisation is crippling Nigeria's economy
Demonetisation is fueling cash crisis and food crisis in Africa's largest economy.
Congress slams Centre over appointment of ex-SC judge as Guv
The Congress party on Sunday attacked the Centre's decision to appoint former Supreme Court judge S Abdul Nazeer as the Governor of Andhra Pradesh. Congress MP Manickam Tagore shared the news and said, " Modi work for Adani...There are who work for Modi who are now Governor’s." He further asked, "Who works for people then?" The former SC judge was part of several landmark judgments, including the Triple Talaq case, the Ayodhya Ram Mandir-Babri Masjid dispute and the demonetisation case. He succeeds Biswa Bhusan Harichandan who has been transferred as the Governor of Chhattisgarh.
The DeMo Debate: Has black money economy been brought under control?
On the sixth anniversary of demonetisation, as the opposition slams the Modi govt, we raise these questions on the show: Was demonetisation a boon or a bane? Has the black money economy been brought under control? Is there less counterfeit currency in the country? Has anti-terror financing been controlled? Has digitisation been given a boost? Is tax compliance greater now? Watch as panelists debate.
Was demonetisation a boon or bane?
Describing demonetisation as an "economic genocide", a "criminal act" and an "organised loot", opposition parties slammed the BJP-led Centre for its decision taken on this day in 2016 to scrap high-value currency notes.
SC asks Centre, RBI to file affidavit on decision taken to demonetise Rs 500 and Rs 1000 currency notes
The Supreme Court's constitution bench asked the Centre and RBI to file affidavits on the decision taken to demonetise Rs 500 and Rs 1000 currency notes and said that it will look into the aspect whether the government had powers under Section 26 of RBI Act to take such a decision.
Voices of dissent being supressed, says Rahul Gandhi at anti-farm reform laws campaign in Punjab
Addressing a public rally as part of an anti-farm reform laws campaign at Badni Kalan in Moga, Rahul Gandhi' lambasted Prime Minister Narendra Modi for lying to the people and misleading the nation for the past six years to serve the interests of 2-3 large corporate houses of his billionaire friends. He cited the examples of demonetisation, GST and the debt & tax waiver of big industrialists amid Covid, while not giving a rupee’s aid to the poor and the farmers. “This is about your land and your money” Rahul warned the farmers, recalling the Land Acquisition Bill which the UPA government had amended to protect the farmers but the Modi government had scrapped, with the support of the Akalis. Watch the speech here.
Anurag Kashyap: Choked is the summing up of the entire demonetisation
Anurag Kashyap speaks to IndiaToday.in's Entertainment & Lifestyle Editor Ananya Bhattacharya on his new film Choked, the coronavirus pandemic, and people's belief in Prime Minister Narendra Modi, in an interview.
Slowdown in Indian economy due to GST, demonetisation: IMF chief
IMF chief Kristalina Georgieva said the slowdown in Indian economy is due to Goods and Services Tax (GST) and demonetisation.
