September 16, 2026 03:27 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Gurugram biker hit by car: Two including main accused arrested after viral road rage video, attempt to murder case filed | Gurugram horror caught on camera: ‘I felt unsafe’—car chases, rams woman biker and flees | BRICS veg menu row: ‘Why shouldn’t we showcase it?’—Harsh Goenka hits back after Rahul Gandhi’s ‘80%’ remark | India-UAE Comprehensive Strategic Partnership in focus: Modi meets Abu Dhabi Crown Prince on BRICS sidelines | Xi Jinping lands in India for BRICS; big Modi meeting set for New Delhi | ‘Hospitality on another level’: South African official stunned by India’s BRICS hosting | Suvendu Adhikari eats fish bhog at Kalighat Temple amid Bageshwar Baba row | Bangladeshi Hindu monk Chinmoy Krishna Das breaks down emotionally as he gets 5-hour parole to attend mother’s funeral | Sheikh Hasina’s daughter Saima Wazed quits WHO post amid fraud allegations | After days of silence, China confirms Xi Jinping’s India visit for BRICS Summit

Nov 8: Narendra Modi-led government's note ban move completes three years

| @indiablooms | Nov 08, 2019, at 09:51 am

New Delhi/IBNS: Nov 8 marked the third anniversary of PM Narendra Modi-led government's major decision taken in 2016 to ban old Rs. 500 and Rs. 1000 currency notes.

Modi, in a televised address, on Nov 8, 2016 had announced the move, standing as one of the major decisions taken during the first tenure of his government.

Meanwhile, West Bengal Cheif Minister Mamata Banerjee targeted the Indian government over the movie and tweeted: " Today is the third anniversary of #DeMonetisationDisaster. Within minutes of announcement, I had said that it will ruin the economy and the lives of millions. Renowned economists, common people & all experts now agree. Figures from RBI have also shown it was a futile exercise."

Banerjee said 'economic disaster' started that day.

She further said: "Economic disaster started on that day and look where it has reached now. Banks stressed, economy in a complete slump. All affected. From farmers to the young generation to workers to traders, housewives... everyone is affected."

The Congress party also targeted the government over the issue.


 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.