Demonetisation Arun Jaitley

Former Prime Minister Manmohan Singh today endorsed the Congress' NYAY scheme, claiming that its promise of providing annual income support of Rs 72,000 to each of India's poorest families will not only restart the nation's growth engine but also stimulate demand in a manner leading to increased economic activity and job creation.

The Congress and other opposition parties on Tuesday released a video purportedly showing a "BJP leader" exchanging old notes after demonetisation on a commission of 40 per cent, but did not vouch for the authenticity of the 30-minute footage.

Former Chief Economic Advisor Arvind Subramanian said the autonomy of the Reserve Bank of India must be protected because the country will benefit by having strong institutions.

Union Finance Minister Arun Jaitley on Saturday defended demonetisation, saying it was a "highly ethical" move and not a political one.

In the United States, Nov. 8, 2016 is remembered as the day Donald Trump was elected president. In India, it is the day that cash disappeared. Exactly two years ago, India embarked on one of the boldest economic policy moves the world has seen in decades: the government abruptly invalidated the two most popular bank notes in circulation in what Pri...

Finance Minister Arun Jaitley today lashed out at critics of demonetisation, dubbing them "prophets of doom" hours after former prime minister Manmohan Singh's scathing takedown of the move he said had left scars and wounds that were getting more visible with time. Attacked by the opposition on the second anniversary of the notes ban, Mr Jaitley sa...

On second anniversary of demonetisation, Finance Minister Arun Jaitley says aim not to confiscate cash but to get it into formal economy even as the opposition is leaving no stone unturned to keep the pressure on the government on the note ban.

Finance Minister Arun Jaitley posted a strong defence of demonetisation today as opposition parties seized the second anniversary of the move to rip into the government and even demand an apology from Prime Minister Narendra Modi. In a Facebook post, the minister described PM Modi's overnight ban on higher currency notes on November 8, 2016, as a "...

The Reserve Bank of India's latest figures suggest that more than 99 per cent of the demonetised currency came back to the system, prompting criticism that the exercise has been a failure.

Finance Minister Arun Jaitley on Thursday said the demonetisation of Rs 500/1,000 notes led to formalisation of economy, more tax collection and higher growth.

The government attributed the cash crunch in ATMs of some states to the unusual spurt in currency demand. In the first 13 days of this month, the currency supply increased by Rs 45000 crores

The finance minister said the impact of demonetization as well as implementation of GST (Goods and Services Tax) led to "higher formalisation of economy".

Finance Minister Arun Jaitley will present the Union Budget for financial year 2018-19 on February 1. The first phase of the budget session of the parliament began from January 29 and will continue till February 9. This year's budget session is crucial as it comes after the Modi government made two very big financial decisions in the last couple of...

A day after the government released the Economic Survey, reactions to the survey continue to come in. Shedding the impact of the GST and demonetisation, India's economy is "picking up quite nicely", and will expand by 7-7.5 per cent in 2018-19 to again become the world's fastest growing major economy, the Economic Survey said. The economic survey w...

On a day when Finance Minister Arun Jaitley tabled the Economic Survey in parliament, Chief Economic Adviser Arvind Subramanian talks to NDTV's Prannoy Roy about economic growth, the impact of demonetisation, Goods and Services Tax (GST) and much more

Former Prime Minister Manmohan Singh today endorsed the Congress' NYAY scheme, claiming that its promise of providing annual income support of Rs 72,000 to each of India's poorest families will not only restart the nation's growth engine but also stimulate demand in a manner leading to increased economic activity and job creation.

The Congress and other opposition parties on Tuesday released a video purportedly showing a "BJP leader" exchanging old notes after demonetisation on a commission of 40 per cent, but did not vouch for the authenticity of the 30-minute footage.

Former Chief Economic Advisor Arvind Subramanian said the autonomy of the Reserve Bank of India must be protected because the country will benefit by having strong institutions.

Union Finance Minister Arun Jaitley on Saturday defended demonetisation, saying it was a "highly ethical" move and not a political one.

In the United States, Nov. 8, 2016 is remembered as the day Donald Trump was elected president. In India, it is the day that cash disappeared. Exactly two years ago, India embarked on one of the boldest economic policy moves the world has seen in decades: the government abruptly invalidated the two most popular bank notes in circulation in what Pri...

Finance Minister Arun Jaitley today lashed out at critics of demonetisation, dubbing them "prophets of doom" hours after former prime minister Manmohan Singh's scathing takedown of the move he said had left scars and wounds that were getting more visible with time. Attacked by the opposition on the second anniversary of the notes ban, Mr Jaitley sa...

On second anniversary of demonetisation, Finance Minister Arun Jaitley says aim not to confiscate cash but to get it into formal economy even as the opposition is leaving no stone unturned to keep the pressure on the government on the note ban.

Finance Minister Arun Jaitley posted a strong defence of demonetisation today as opposition parties seized the second anniversary of the move to rip into the government and even demand an apology from Prime Minister Narendra Modi. In a Facebook post, the minister described PM Modi's overnight ban on higher currency notes on November 8, 2016, as a "...

The Reserve Bank of India's latest figures suggest that more than 99 per cent of the demonetised currency came back to the system, prompting criticism that the exercise has been a failure.

Finance Minister Arun Jaitley on Thursday said the demonetisation of Rs 500/1,000 notes led to formalisation of economy, more tax collection and higher growth.

The government attributed the cash crunch in ATMs of some states to the unusual spurt in currency demand. In the first 13 days of this month, the currency supply increased by Rs 45000 crores

The finance minister said the impact of demonetization as well as implementation of GST (Goods and Services Tax) led to "higher formalisation of economy".

Finance Minister Arun Jaitley will present the Union Budget for financial year 2018-19 on February 1. The first phase of the budget session of the parliament began from January 29 and will continue till February 9. This year's budget session is crucial as it comes after the Modi government made two very big financial decisions in the last couple of...

A day after the government released the Economic Survey, reactions to the survey continue to come in. Shedding the impact of the GST and demonetisation, India's economy is "picking up quite nicely", and will expand by 7-7.5 per cent in 2018-19 to again become the world's fastest growing major economy, the Economic Survey said. The economic survey w...

On a day when Finance Minister Arun Jaitley tabled the Economic Survey in parliament, Chief Economic Adviser Arvind Subramanian talks to NDTV's Prannoy Roy about economic growth, the impact of demonetisation, Goods and Services Tax (GST) and much more