This Article is From Nov 08, 2017

Demonetisation Anniversary: I Bow To People Of India, Says PM Narendra Modi, Opposition Calls It 'Black Day'

Demonetisation Anniversary: The government is celebrating the first anniversary of the notes ban as "Anti-black money day" to counter the opposition's protests on what it has labelled as "Black Day."

Demonetisation Anniversary: I Bow To People Of India, Says PM Narendra Modi, Opposition Calls It 'Black Day'

Demonetisation Anniversary: The notes ban yanked nearly 86 per cent of the currency in circulation

New Delhi: As the government today celebrates one year of  demonetisation as 'Anti-black money day', the opposition is leaving no stone unturned to keep the pressure on the government and the ruling coalition on the issue. Opposition parties including Congress are calling the demonetisation anniversary 'Black Day'. The notes ban, which yanked nearly 86 per cent of the currency in circulation at the time, has been acknowledged by experts as one of the main reasons for the economic lull, which saw growth plunge to a three-year low of 5.7 per cent in the last quarter.

Here are the highlights on demonetisation anniversary:

Nov 08, 2017 20:50 (IST)
The Congress in Arunachal Pradesh today organised a candle light procession to remember the people who, the party claimed, died because of the demonetisation.
Nov 08, 2017 19:46 (IST)
Hundreds of Congress workers today formed a human chain in New Delhi as part of their party's observance of November 8 as 'black day' on the first anniversary of the demonetisation of high value currency notes.

The Congress workers carried placards reading "Notebandi ne kiya prahar, thapp ho gaya karobar" (demonetisation hit hard forcing businesses to collapse), "Notebandi ne kiya vivash, 8 November kala diwas" (Demonetisation forced us to observe November 8 as Black day).

Nov 08, 2017 19:16 (IST)
One Year On, Minister Suresh Prabhu Hails Notes Ban; Calls It 'Crucial'
Demonitisation was one of the crucial decisions of the Modi government against the black money and now the country is progressing towards a digital economy, Commerce and Industry Minister Suresh Prabhu said today.

One Year On, Minister Suresh Prabhu Hails Notes Ban; Calls It 'Crucial'
Nov 08, 2017 18:37 (IST)
"Demonetisation was an effective action against black
money. Attack has now begun on benami properties.
Congratulations to the Centre," Bihar Chief Minister Nitish Kumar said.
Nov 08, 2017 18:35 (IST)
Mocking the demonetisation move of the Narendra Modi government, BJP's bickering ally, the Shiv Sena, today performed a 'shradh' ceremony (post-death rites) of the Centre's note ban policy on its first anniversary.
Nov 08, 2017 18:22 (IST)
MK Stalin led a well-attended 'Karuppu Dinam' (Black Day) protest in Madurai, dressed in black. He raised slogans against the Narendra Modi government for note ban.
Nov 08, 2017 18:19 (IST)
A Congress party worker with body painted in black, participates in a Black Day protest against demonetisation on the first anniversary of its announcement, in Bhopal on Wednesday. 
Nov 08, 2017 15:31 (IST)
Nov 08, 2017 15:31 (IST)
Rahul Gandhi visits a diamond polishing unit in Surat's Varachha.
Nov 08, 2017 14:05 (IST)
Union minister Babul Supriyo shown black flags by Congress at Asansol in West Bengal.

Nov 08, 2017 13:52 (IST)
"Can any one deny lives were lost, small businesses closed and jobs were lost?," senior Congress leader P Chidambaram said in a series of tweets.

Nov 08, 2017 13:43 (IST)
Rahul Gandhi, in an opinion piece in a newspaper, alleged that the livelihood of millions of honest Indians were destroyed due to this "thoughtless act" of the prime minister.
Nov 08, 2017 11:39 (IST)
Night Lights and Train Trips Help India Study Impact of Cash Ban
With India still struggling to measure the impact of last year's unprecedented clampdown on cash -- especially on the vast informal sector -- some analysts are using innovative indicators to assess the health of the $2 trillion economy.
Nov 08, 2017 11:22 (IST)
Congress leader Ahmed Patel tweets, "We remember demonetisation as it reflects the govt's brutal dishonesty,intellectual bankruptcy & making of an unwarranted economic tragedy."
Nov 08, 2017 10:40 (IST)
Defence Minister Nirmala Sitharaman said that the biggest achievement is that terrorism has been badly hit and the stone throwers "who were in thousands have reduced because their cash flow has been cut".
Nov 08, 2017 10:12 (IST)
Nov 08, 2017 10:11 (IST)
Defence Minister Nirmala Sitharaman attends at a signature campaign in Chennai, organised by Tamil Nadu BJP Youth Wing, reports news agency ANI.
Nov 08, 2017 09:50 (IST)
BJP leaders, including many union ministers, will fan out across the country to highlight the "benefits" of demonetisation.
Nov 08, 2017 09:40 (IST)
This evening, Rahul Gandhi will participate in a candle-light vigil in Gujarat's Surat as part of the Opposition parties' "Black Day" protest.

Nov 08, 2017 09:39 (IST)
On Notes Ban Day, PM Narendra Modi Tweets 'Battle Won', Opposition Protests: 10 Points
As Prime Minister Narendra Modi's government today celebrates one year of demonetisation, the move that yanked 86 per cent of the currency in circulation at the time as "Anti-black money day", the opposition plans united protest against the notes ban, which according to them was a "reckless" and "thoughtless" act by the central government. PM Modi, however, called the demonetisation a "decisive battle" that "Indians fought and WON".
Nov 08, 2017 09:22 (IST)
Nov 08, 2017 09:18 (IST)
BJP workers in Varanasi celebrate the first anniversary of demonetisation with party flags, portrait of PM Modi and cake.
Nov 08, 2017 08:53 (IST)
Did Demonetisation Increase Tax Base? Not Really
If the government is to be believed, the ban on high-value currency led to a significant surge in India's tax base over the past year. To back this claim, the government has released a deluge of data. Including the claim that that there was a 25 per cent increase in tax returns in the April-August 2017 period, compared to the same period last year. But the surge is not unusual given what demonetisation was meant to achieve.
Nov 08, 2017 08:43 (IST)
Nov 08, 2017 08:30 (IST)
Congress vice president Rahul Gandhi called demonetisation a tragedy. He tweeted, "Demonetisation is a tragedy. We stand with millions of honest Indians, whose lives & livelihoods were destroyed by PM's thoughtless act."
Nov 08, 2017 08:20 (IST)
"125 crore Indians fought a decisive battle and won," said PM Narendra Modi.
Nov 08, 2017 08:18 (IST)
I bow to the people of India for supporting government to eradicating corruption: Prime Minister
"I bow to the people of India for steadfastly supporting the several measures taken by the government to eradicate corruption and black money," said PM Narendra Modi on the first anniversary of demonetisation.