Survey On Demonetisation

Fifty lakh men lost their jobs in the past two years 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 demonetisation but no "causal link" can be established based on the available data, says the repor...

Demonetisation was a "mega scam", Delhi Chief Minister Arvind Kejriwal said and linked it to unemployment a day after a report of the National Sample Survey Office (NSSO) was revealed by the Business Standard newspaper.

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

A majority of respondents placed high weighting on tax rate reduction by at least 5 per cent across all categories (54 per cent), followed by raising the exemption limit by at least Rs 250,000 (33 per cent) and by bringing back the standard deduction (10 per cent).

Prime Minister Narendra Modi's shock move last November to scrap high-value banknotes late last year has continued to weigh on overall economic activity.

The Income Tax Department has seized cash and valuables totalling Rs 600 crore in search and survey operations post demonetisation of high value currency notes of Rs 500 and Rs 1000. Based on intelligence reports, the department carried out searches and surveys in over 1,100 cases during the two-month period ending January 10 leading to seizure of ...

The lowest hikes would be witnessed in financial institutions, transportation and cement sectors.

Raghunath, a 60-year-old farmer, surveys his two-acre farm in Bundelkhand with some concern. After four consecutive years of drought, the weather cooperated this year. Right after Diwali, he sowed the Rabi or winter crop of wheat, which now stands about two feet tall. On seeds, fertilizers, diesel for his water pump, he spent Rs 15,000. Then, on No...

The worst of the cash crunch is now over and the government expects it to be fully cleared by the end of April. A private manufacturing survey on Wednesday showed business is slowly returning to normal.

Prime Minister Narendra Modi has said that his shock decision in November to scrap 86 per cent of the cash in circulation aims at exposing untaxed wealth and the proceeds of crime and corruption. Today, Chief Economic Advisor Arvind Subramanian added that "the aim of demonetisation, is in fact, to bring down real estate prices," a remark that spawn...

On the sectoral impact of demonetisation, the survey said agriculture, cement, fertilizers, automobile, textiles, real estate and retail will have negative impact.

In an analysis report prepared by the I-T department, two specific instances in Mumbai and Pune have been reported where it was found that over Rs 113 crore "excess amount" of old demonetised notes was reported by two banks to the banking regulator in order to generate black funds.

It was the biggest month-on-month decline since November 2008, just after the collapse of Lehman Brothers triggered a financial crisis and brought on a global recession.

Fifty lakh men lost their jobs in the past two years 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 demonetisation but no "causal link" can be established based on the available data, says the repor...

Demonetisation was a "mega scam", Delhi Chief Minister Arvind Kejriwal said and linked it to unemployment a day after a report of the National Sample Survey Office (NSSO) was revealed by the Business Standard newspaper.

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

A majority of respondents placed high weighting on tax rate reduction by at least 5 per cent across all categories (54 per cent), followed by raising the exemption limit by at least Rs 250,000 (33 per cent) and by bringing back the standard deduction (10 per cent).

Prime Minister Narendra Modi's shock move last November to scrap high-value banknotes late last year has continued to weigh on overall economic activity.

The Income Tax Department has seized cash and valuables totalling Rs 600 crore in search and survey operations post demonetisation of high value currency notes of Rs 500 and Rs 1000. Based on intelligence reports, the department carried out searches and surveys in over 1,100 cases during the two-month period ending January 10 leading to seizure of ...

The lowest hikes would be witnessed in financial institutions, transportation and cement sectors.

Raghunath, a 60-year-old farmer, surveys his two-acre farm in Bundelkhand with some concern. After four consecutive years of drought, the weather cooperated this year. Right after Diwali, he sowed the Rabi or winter crop of wheat, which now stands about two feet tall. On seeds, fertilizers, diesel for his water pump, he spent Rs 15,000. Then, on No...

The worst of the cash crunch is now over and the government expects it to be fully cleared by the end of April. A private manufacturing survey on Wednesday showed business is slowly returning to normal.

Prime Minister Narendra Modi has said that his shock decision in November to scrap 86 per cent of the cash in circulation aims at exposing untaxed wealth and the proceeds of crime and corruption. Today, Chief Economic Advisor Arvind Subramanian added that "the aim of demonetisation, is in fact, to bring down real estate prices," a remark that spawn...

On the sectoral impact of demonetisation, the survey said agriculture, cement, fertilizers, automobile, textiles, real estate and retail will have negative impact.

In an analysis report prepared by the I-T department, two specific instances in Mumbai and Pune have been reported where it was found that over Rs 113 crore "excess amount" of old demonetised notes was reported by two banks to the banking regulator in order to generate black funds.

It was the biggest month-on-month decline since November 2008, just after the collapse of Lehman Brothers triggered a financial crisis and brought on a global recession.