Almost 7 years later after the historic decision on Demonetisation was taken the Supreme Court finally ruled by a 4-1 majority that they have no say in the matter. The dissenting judge was of the opinion that it should have been a law passed by parliament rather than the way it was done. Lest I be hauled up for contempt of court, the ONLY comment I make is - next time India decides to wage a war or some such thing maybe we debate that in parliament first or if the cops want to raid a place where terrorists are hiding they need to give advance notice like a tender or something. Fascinated, I have written a few blogs on this subject which are given below as a link. Demonetisation - 11th Sept 2017 Demonetisation - 28th Nov2016 Anyway, that aside, this is NOT about discussing the merits or demerits of the decision, the usefulness or otherwise but some thoughts on the event. https://www.thehindu.com/business/Economy/currency-in-circulation-rises-by-83-since-demonetisation-in-2016/arti...
Global executive with 37+ yrs experience driving growth, innovation and strategy across multiple industries (Food, Plastics, Defence, Clean Energy, Automotive, Healthcare, Electronics). Passionate about the intersections of Economics, Politics, Business Strategy and Defence. Expect eclectic insights, humorous perspectives, expert analysis on management, strategy and the complexities of global biz, all served with a healthy dose of realism & a dash of humor. Intro by Sharat Bhat with Thanks.