Maybe they are competent economists but poor in comprehending political and structural transformations

Newsroom24x7 Network Arun Kumar, an eminent economist and leading authority on black money, who has taught at the Jawaharlal Nehru University till 2015 has continuously underscored “demonetisation opened the floodgates for earning “black incomes” and affected the unorganised sector so adversely that the overall Indian economy has stagnated and is not growing any more. The… Read More Maybe they are competent economists but poor in comprehending political and structural transformations

Fake currency notes in Rs. 2000 denomination are in circulation in India after Demonetisation

Newsroom24x7 Network International syndicate of fake Indian currency notes and the Bangladesh connection Delhi Police nabs one international syndicate operative. He has supplied FICN amounting to Rs 20 million in Delhi and the adjoining states in last one year. The texture and printing of the currency notes that have been seized is of good quality… Read More Fake currency notes in Rs. 2000 denomination are in circulation in India after Demonetisation

RBI on demonetisation, decline in currency in circulation and surplus liquidity with banks

Newsroom24x7 Network Mumbai: Buoyed by festival demand and a bumper kharif harvest, a renewed pick-up in Currency in Circulation (CiC) was beginning to form in Q3-2016-17 when demonetisation abruptly stifled it. //pagead2.googlesyndication.com/pagead/js/adsbygoogle.js (adsbygoogle = window.adsbygoogle || []).push({}); Underscoring this point with regard to the trickling down of CIC in the aftermath of demonetisation, the Reserve… Read More RBI on demonetisation, decline in currency in circulation and surplus liquidity with banks