Articles in Demonetisation
Has the Prime Minister Narendra Modi’s ‘surgical strike’ on black money left you wondering what to do with all those notes lying around in your house? Well, the easiest way to get rid of it is to deposit it in your nearest bank! But if you are really reading this article, there’s a good chance […]
Crowds outside a Bank of India branch in Mumbai. (Image credit: Manaal Bhombal) On Tuesday, November 8, 2016, the Prime Minister announced that currency notes of Rs 500 and 1000 denomination would no longer be valid. This decision triggered a whirlwind week for Indians. Amidst the chaos, PaGaLGuY brings you an analysis of the how […]
Addressing a gathering at the Karnataka Lingayat Education Society, Belgaum centenary celebration, PM Modi announced that people will have to face the difficulty due to demonetisation for a while. “I have told you at the day of announcement, that the difficulties will be there till December 30. But, the short term pain will provide long […]
As per RBI directives, ATMs throughout the nation were scheduled to start functioning today, November 11, with a daily withdrawal limit of Rs 2,000. In the aftermath of the government’s demonetisation move, the common man was forced to make do with cashless transactions and limited money in the pocket. Hence today, when ATMs were announced […]
The announcement of demonetisation of currency notes of Rs 500 and Rs 1000 denomination has caused ripples of excitement about the bold decision and anxiety about what’s in store for the Aam aadmi. One such ruler who tried his hand at demonetising in medieval India was Muhammad Bin Tughlaq (MBT). Tughlaq, ruled Delhi from 1324-51, […]
Amidst the panic of demonetised Rs 500 & Rs 1000 notes, government hospitals are one place where one can still use these notes (until midnight of November 11). PaGaLGuY spoke to some medical students from various medical colleges across the country to find out how they were managing. Arjav Nanavati, a third year MBBS student […]