demonetization

98.47% of ₹2000 Notes Returned Since Withdrawal Announcement: RBI

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98.47% of ₹2000 Notes Returned Since Withdrawal Announcement: RBI

Mumbai, May 2: The Reserve Bank of India (RBI) announced that 98.47% of ₹2000 notes have been returned following the decision to withdraw them from circulation. This figure comes nearly three years after the announcement to demonetize these notes. The central bank had decided to withdraw the ₹2000 notes on May 19, 2023, as part … Read more

Prediction of decline in GDP due to GST and demonetization has been proved wrong, says Arun Jaitley

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In a Facebook post, he said those who predicted a 2 per cent decline in GDP growth have been proved wrong. Arun Jaitley pointed out that the economy rewards structural reforms, fiscal prudence, and macro-economic stability.  In an article titled ‘The Economy and the Markets Reward Structural Reforms and Fiscal Prudence’, Union Minister Arun Jaitley … Read more

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