Bengaluru, April 17, 2018: Five million people lost their jobs beginning November 2016, when Prime Minister Narendra Modi announced an overnight ban on high value currency, according to a new report. The timing of the start of the decline in jobs coincides with demonetization but no “causal link” can beContinue Reading

Dr. George Jacob Prime minister Narendra Modi through an unscheduled television address to the nation at 8.15 pm on November 8, 2016 embarked on a tough decision to demonetize. He declared circulation of the then Rs.500 and Rs.1000 banknotes invalid and announced the issuance of new Rs.500 and Rs.2000 banknotes.Continue Reading