Budget 2023: Currency with public grew least in FY22
Currency with the public has risen by around ₹1.4 lakh crore since demonetisation
demonetisation
January 2023
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Why demonetisation verdict raises more questions than answers
By not questioning Centre’s contrarian economic wisdom, RBI’s acquiescence and its own delay of 6 years to decide the writs, the court has failed to bring checks and balances and prevent recurrence.
Supreme Court upholds demonetisation; dissenting judge calls it 'unlawful'
It was "not relevant" whether the objective of the overnight ban was achieved, the majority judgment says.
India Inc. Remains a Cautious Investor
Private companies are not going full throttle to expand capacities despite deleveraged balance sheets, higher profitability and a healthy banking system ready to back their ambitions.
Despite DeMo, cash is still king in real estate
Around 44% of respondents in a nationwide survey say property purchases since demonetisation 6 years ago continue to have a cash component.
Income inequality dips since FY17; formalisation, Covid alter trend: SBI
India has done quite well during the pandemic in terms of navigating income shocks, says an SBI Research report.
102% surge in ₹500 fake currency notes in FY22
Fake notes of ₹2,000 denomination surged 54.6% year-on-year in FY22.
Note ban assumptions of black money with cash were wrong: Subhash Garg
Garg says that while demonetisation achieved some objectives like curbing fake money and terror funding, the government made certain wrong assumptions while doing the exercise.
Budget 2022: Currency in circulation up 2x since DeMo
Cash has grown in prominence despite a very swift rise in digital payments in India over the last few years.
Indians refuse to let go of cash
Cash in circulation, which was 10.7% of GDP in FY18 has risen to 14.5% in FY21.
