The debit and credit card transactions have jumped to Rs 74,090 crore in September this year, up a hefty 84 per cent as compared to the same month last year when it stood at Rs 40,130 crore.
Manmohan Singh said that demonetisation drive was a historic blunder and the outcome has been fresh trouble and hardship for the people.
Shashi Tharoor was speaking for the motion along with JNU professor Makarand Paranjape, while senior journalist Chandan Mitra and industrialist Sunil Alagh were against the motion.
Reforms implemented to date will advance the government's objective of improving the business climate, enhancing productivity and fostering sustainable growth, Moody's said.
The agency said the decision to upgrade the rating was underpinned by the expectation that continued progress on economic and institutional reforms will, over time, enhance India’s high growth potential.
More than eight out of ten people believe that economic conditions are ‘good’, an assessment which is 19 percentage points higher than what was immediately before the 2014 general elections.
CBDT on Tuesday said it was not only confident that the Income Tax (IT) department would achieve the direct tax collection target for the current financial year, but that it would go past it.
Modi also talked about repealing of 1200 outdated laws in the last three years and simplification of procedure for investors to do business in India.
According to ED data,it has attached black money to the tune of Rs 9,000 crore post demonetisation and also registered over 3,500 cases under FEMA and money laundering charges.
Shashi Tharoor on Wednesday warned the BJP that it would face a "massive backlash" in the Gujarat Assembly polls because of demonetisation, which he termed was an "all pain, no gain" exercise.
One year on, 80-year-old Nand Lal says he supports the government’s move and that it benefitted the economy and the nation.
The government had on November 8 last year scrapped Rs 500 and Rs 1,000 notes from the economy in a bid to fight blackmoney, corruption, fake currency and terror funding.
Government's demonetisation decision a year ago led to 58 per cent growth in digital transactions and an increase in the number of tax payers, Union minister Nitin Gadkari said today.
The BSP chief also alleged that owing to demonetisation, a number of new sources of corruption have germinated, the advantage of which has been taken by "the BJP and company".
Social Media never spares a moment to turn any event into a meme. Check out the hilarious takes on Demonetisation anniversary here.
Mamata Banerjee described demonetisation as "DeMoDisaster" and turned her Twitter display picture black,
Congress leader P Chidambaram today said millions of people "suffered" and no one can deny that lives and jobs were lost due to demonetisation.
"I have turned my Twitter DP black #DeMoDisaster. Let us raise our voices #Nov8BlackDay," the Trinamool Congress supremo wrote on her Twitter handle.
PM Modi today shared a short film underlining the benefits of demonetisation.
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