2000 Note Recall: Clean Note Policy or Dirty Politics?

fontIcon

On May 19th, India's national bank and regulatory body, the Reserve Bank of India (RBI), announced the removal of 2000 currency notes from circulation. Don't be worried if this reminded you of the previous demonetization. Unlike this time, the government has given enough time to deposit the notes with the bank, but what's noteworthy is how politics is complicating matters. We spoke to R. Gandhi, Former Deputy Governor of RBI; Saravanan Annadurai, Official Spokesperson - DMK; Ajay Bansal, President - All India Petroleum Dealers Association (AIPDA); ET's M.C. Govardhana Rangan and Sugata Ghosh.
Credits: Moneycontrol, NDTV, NDTV 2 and CNN-News18



Rate article

Subscribe to our newsletter today

India's new audio destination for business news and more. Brought to you by The Economic Times.

@2024 BCCL. All Rights Reserved