Demonetisation

Demonetisation verdict: Rhetoric and reality

By turning a blind eye to human suffering, the majority verdict is without a sense of constitutional compassion.

published on : 13th January 2023

Justice BV Nagarathna, a woman and a ‘dissenter’ headed for the top

Appointed as an SC judge in 2021, the daughter of former Chief Justice of India ES Venkataramiah became the first woman judge to be elevated to the apex court from the Karnataka High Court.

published on : 8th January 2023

Demonetisation is ‘legal’ but bigger debate rages on

It must also be pointed out that the Supreme Court has limited itself to deciding on the legality of demonetisation.

published on : 4th January 2023

SC silent on objectives of demonetisation: Congress

Responding sharply to the Apex court’s verdict, former Finance Minister P Chidambaram said that the ‘minority’ judgement pointed out the ‘illegality’ and the ‘irregularities’ in the demonetisation.

published on : 3rd January 2023

Gazette notification route to ban notes 'flawed', 'vitiated': Dissenting SC Judge Nagarathna

In her lone dissenting opinion, Justice B V Nagarathna on Monday found the Centre’s notification on demonetisation unlawful and vitiated as it had procedural flaws. 

published on : 3rd January 2023

Cash still king: Currency circulation doubles since demonetisation in 2016

It remains a mystery, though, why use of cash is still high in the economy despite digital payments going through the roof and measures to discourage the use of cash.

published on : 3rd January 2023

Economic impact of demonetisation was not examined by SC: Kerala FinMin KN Balagopal

The SC verdict was an academic exercise.

published on : 3rd January 2023

Citizens forced to accept one point of view on demonetisation: Raja

Lashing out at Narendra Modi, Raja said that when the demonetization policy was announced, parliament was not given an opportunity to discuss the pros and cons of it.

published on : 3rd January 2023

Centre within rights on note ban: Pralhad Joshi

On Congress protesting over Mahadayi river water sharing with Goa, he said they ruled the country for over 50 years, but could not solve the problems.

published on : 3rd January 2023

Notebandi effect: Six years on, people still smarting from demonetisation blow

The decision, touted by the government to be a 'surgical attack' on black money, missed its mark by a great margin and became the bane of the daily-wage labourers and poor Indians.

published on : 2nd January 2023

Here is what dissenting SC judge Justice Nagarathna said on demonetisation

Observing that there was no independent application of mind by the Reserve Bank of India (RBI), Justice Nagarathna said the entire noteban exercise was carried out in 24 hours.

published on : 2nd January 2023

Misleading to say SC upheld demonetisation; verdict doesn't deal with outcome, says Congress

The majority SC verdict deals with the limited issue of the process of decision-making, and not on the impact of demonetisation, a singularly disastrous decision, Congress' Jairam Ramesh said.

published on : 2nd January 2023

Demonetisation: SC upholds Centre's 2016 decision, one judge opposes

A five-judge constitution bench in their 4:1 verdict held that it appears that there was consultation between the RBI and the Centre for a period of 6 months. 

published on : 2nd January 2023

Supreme Court to pronounce verdict on pleas against demonetisation today

A five-judge Constitution bench headed by Justice S A Nazeer, who will retire on January 4, is likely to pronounce its verdict on the matter on January 2, when the top court will reopen after its wint

published on : 2nd January 2023

Demonetisation, wrongly designed GST behind high unemployment rate: Jairam Ramesh

The Congress leader said demonetisation followed by GST "destroyed" small and medium enterprises which generated maximum employment.

published on : 11th December 2022

SC reserves verdict in pleas challenging Demonetisation policy 

A five-judge bench led by Justice S Abdul Nazeer also directed the central government and RBI to place before it records pertaining to the decision in a sealed envelope for its perusal. 

published on : 7th December 2022

Can examine manner in which economic decision was taken: Supreme Court on demonetisation

Senior Advocate Jaideep Gupta for RBI submitted before the five-judge bench that judicial review would only lie if there was a “procedural lapse”.

published on : 6th December 2022

Three demonetisations, three challenges: Where are the P Chidambaram-led petitions now headed?

Demonetisation was not an isolated economic policy. This was a complex monetary policy, the Centre has argued before the SC. Does that make the move legal? Hearings are on...

published on : 28th November 2022

SC refuses to entertain plea seeking investigation of officials involved in demonetisation 

The lawyer appearing for the petitioner claimed Rs 500 notes of the new design were being printed well before a recommendation by the Central Board of the RBI.

published on : 26th November 2022

2016 demonetisation a deeply flawed decision: P Chidambaram tells Supreme Court

Chidambaram said if the objective was to eliminate unaccounted wealth, black money, there was little sense in introducing Rs 2,000 notes.

published on : 24th November 2022
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