A fact check of six claims by Prime Minister Narendra Modi on November 8, 2016 and August 15, 2017 on the impact of demonetisation based on data from the Reserve Bank…
From ministers to party supporters, copycat tweets applauding demonetisation crop up on Twitter a day after RBI’s revealing annual report.
Digitalisation not mentioned even once in Modi’s November 8 speech which featured 4 major keywords – black money, corruption, fake currency, terrorism.
Rs 3 lakh crore have come back to the banking system, said PM Modi in his Independence Day Speech
CBDT circular gives credit to demonetisation for ‘substantial rise’ in number of tax returns. But data fails to support the claim.
India recently tried to reduce the use of cash in its economy by eliminating, overnight, two of its most widely used bills in what was called demonetisation. While the…