RBI data reveals demonetisation was the epitome of whimsical, illogical policymaking

The government wanted demonetization to combat three problems. None of them seem to have been solved. ...

Urjit Patel: The Five-Year Twist

Five years ago, in January 2012, a 40-page research paper was published by the Brookings Institution on inflation in India and the role of the Reserve Bank of India in taming it. ...

Demonetisation for behavioural change

Throwing millions of lives in disarray to seemingly change their cash usage behaviour sounds primordial ...

Black Money Rhetoric And Anti-Profiteering Action

To most economic commentators, the year 2016 began as the 25th anniversary of the landmark 1991 reforms in India, reforms that marked a structural break from the past. ...

How Modi Changed (And Changed) The Demonetisation Narrative

Prime Minister Narendra Modi chairs a meeting on demonetisation, on November 13, 2016. An IndiaSpend analysis of the Prime Minister's seven speeches... ...

War On Black Money Or Peace With Magenta Money?

During the May 2016 assembly election campaign in Tamil Nadu, officials of the Election Commission of India intercepted three mini trucks. ...