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#Notebandi Impact: Bank Deposits Exceed Withdrawals By Nearly 5 Times

#Notebandi Impact: Bank Deposits Exceed Withdrawals By Nearly 5 Times

  Deposits were nearly five times as large as withdrawals over 10 days to November 18, 2016, after Prime Minister Narendra Modi announced the demonetisation of Rs 500 and Rs 1,000…

#Datafix: Demonetisation–The Prospects And Perils

#Datafix: Demonetisation–The Prospects And Perils

More than a week into demonetisation, the queues outside banks continue with no immediate end in sight. How quickly can the Reserve Bank of India print currency? Is this exercise…

Demonetisation Will Hit Agriculture, Informal Workers Worst: Study (But It’s Good Idea)

Demonetisation Will Hit Agriculture, Informal Workers Worst: Study (But It’s Good Idea)

  The demonetisation of Rs 500 and Rs 1,000 notes will hurt agriculture, informal sector workers—about 482 million people who earn cash incomes—and disrupt India’s consumption patterns for at least…

How Demonetisation Will Boost Cashless Economy

How Demonetisation Will Boost Cashless Economy

  Datum 1: Bank branches increased at 5% per year, but automated teller machines (ATMs), debit cards and card-swiping machines have doubled in four years and online transactions have grown…

#DataFix: Demonetisation And Its Effect On Indian Economy

#DataFix: Demonetisation And Its Effect On Indian Economy

On this week’s DataFix with IndiaSpend, we discuss the effects of demonetisation of Rs 500 and Rs 1,000 notes. Will the move lead to a reduction of black money? Which…

Rs 14 Lakh Cr Cash Junked–What That Means For Black Money

Rs 14 Lakh Cr Cash Junked–What That Means For Black Money

  Rs 14 lakh crore–or $217 billion, 86% of the value of Indian currency currently in circulation–will become useless from midnight of November 8, 2016, part of the government’s crackdown…

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