Vigilance officers suspect that banned Rs 500 banknotes recovered from Baral might be a chunk of the ill-gotten money that he failed to exchange.
Having brought this economic disaster on the country, there was not a single statement of regret, introspection or even justification from the powers that be
According to the report by SBI Research, almost 80 per cent of the economy has been formalised in the past five years.
Five years after demonetisation, currency notes in circulation continue to rise albeit at a slower pace even as digital payments surge with more and more people embracing cashless payment modes.
Kharge, who was in the city, while speaking to mediapersons at Gandhi Bhavan on Monday, recalled how the scrapping of Rs 1,000 and Rs 500 notes had triggered closure of most industries.
The GDP growth rate has been clocking an underwhelming below 7% ever since (barring a couple of quarters in Financial Year 2018).
Prime Minister Narendra Modi had on this day in 2016 announced his decision to ban currency notes of Rs 500 and Rs 1,000 denominations.
A tender issued to Western India Plywood Limited (WIPL) one month prior to demonetisation went on to prove prescient
The ventilators provided under the PM CARES Fund were found to be defective not only in Kashmir but in Gujarat as well, she alleged.
On demonetisation anniversary, Jairam Ramesh says note ban will be marked among worst policy blunders
On this day in 2016, Prime Minister Narendra Modi announced the decision to ban currency notes of Rs 500 and Rs 1,000.
On November 8, 2016, Prime Minister Narendra Modi announced on national television his government's decision to ban all currency notes of higher denomination of Rs 500 and Rs 1,000.
One such person, A Chinnakannu, a visually-impaired destitute man from Krishnagiri, recently got a shock on hearing his savings of Rs 65,000 are now worthless.
Maken alleged the main objective of NMP was to create a monopoly of a few "selected industrialist friends".
The Congress leader was speaking at the inauguration of Karassery Panchayat and felicitation of farmers at Karassery Bank Auditorium in Kerala's Thiruvambady.
No I-T scrutiny on cash deposits up to Rs 2.5 lakh by housewives post Demo: Income Tax Appellate Tribunal
The CIT (Appeals) did not accept the explanation and confirmed the Assessing officer's order treating the cash deposit of Rs 2,11,500 as unexplained money.