india currency

The Men Behind Modi’s Demonetization Policy

By Arfa Shahid India made a major economic move by demonetizing 500 and 1,000 Rupee notes and introducing a new 2,000 Rupee note, but what many don’t know is that this policy was created and presented to Indian Prime Minister Narendra Modi by Arthakranti Sansthan, an NGO, founded by social activist and mechanical engineer Anil Bokil.

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India’s Cash Crunch Hits Countryside, Weddings in Trouble

By Sunil Kataria DUDKO, India, Nov 12 – In the dusty village of Dudko, farmers and villagers are desperate for new currency notes after the Indian government banned 500 and 1,000 rupee notes last week in an effort to flush black money out of the economy. Residents of the sleepy village, 75 kms (45 miles)

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India Abolishes Larger Banknotes in Fight Against Graft, “Black Money”

By Neha Dasgupta and Nidhi Verma NEW DELHI, Nov 8 – Indian Prime Minister Narendra Modi on Tuesday announced that 500 and 1,000 rupee banknotes would be withdrawn from circulation at midnight, saying it was part of a crackdown on rampant corruption and counterfeit currency. The surprise step appears designed to bring billions of dollars

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