'To print and replace 24,023 million notes is an enormous challenge considering the sheer volume of notes to be printed and capacity of our printing presses.' James Wilson has been tracking the demonetisation drive since it was announced by Prime Minister Narendra Modi on November 8. During his investigation, he tracked down discrepancies in the policy and the subsequent statements by the government and the Reserve Bank of India. He posted his observations on his blog titled 'Decipher the ... Rediff.com, 2 months ago
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A complete lifting of withdrawal caps could be months away, reports Business Standard's Sanjeeb Mukherjee and Arup Roychoudhury. As the deadline for making payments through old Rs 500 notes for select purposes drew to a close on Thursday midnight, the Centre is planning to come out with a fresh set of incentives and discounts to promote digital transactions. The government seems to be quite sure that the pain faced by the common man in the wake of demonetisation would ease by early next month, ...Rediff.com, 2 months ago
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