Government policies
Life of old Rs500 notes extended, new services added as swap widow shuts
25 Nov 2016
The government on Thursday closed the window for over-the-counter exchange of demonetised Rs1,000 and Rs500 currency notes, but extended the exemptions for the use of the old series Rs500 notes till 15 December
Deposits in Jan Dhan accounts swell by Rs21,000 cr in 15 days
23 Nov 2016
Reports say most of the money flows into Jan Dhan accounts were in West Bengal and Karnataka, which translates in to huge hoards of cash in these states
White money is the `new norm’ for Indian economy: Arun Jaitley
22 Nov 2016
According to finance minister Arun Jaitley, Prime Minister Narendra Modi had, through demonitisation, changed the definition of the 'normal' that had existed for past 70 years
Demonitisation roll back: farmers allowed to use old Rs500 notes
21 Nov 2016
In a partial roll-back of the decision to demonetise high denomination currency notes, the government has allowed farmers to use discarded currency notes of Rs500 in the middle of the Rabi sowing season
Govt hikes support prices for kharif pulses
18 Nov 2016
Govt tightens noose around cash hoarders
17 Nov 2016
Govt has ordered scrutiny of all savings bank deposits above Rs2.5 lakh and current account deposits over Rs12.5 crore during the 9 November –30 December window even as it further restricted use of old currency
Plane fares to go up as govt plans levy of up to Rs8,500 per flight to fund regional connectivity
12 Nov 2016
The government on Friday announced a new levy of up to Rs8,500 per flight on airlines to fund its regional air connectivity scheme, UDAN