Rs 2000 Note Recall: Clean Note Policy or Dirty Politics?

On May 19th, India's central bank, the Reserve Bank of India (RBI), announced the removal of 2000 currency notes from circulation. Even as it gave the public a demonetisation Deja vu, the currency regulator assured its just business as usual. But does the 2000 rupee note wapsi an economic incentive or a political push and is the last big attempt to get the cash hoarders in the fold of the formal economy? In the episode we hear from-:- R. Gandhi, Former Deputy Governor of RBI to understand what distinguishes the withdrawal of 2000 notes from the 2016 demonetization and why the need for a deadline- Saravanan Annadurai, Official Spokesperson - DMK to get the political ringside view; - Ajay Bansal, President - All India Petroleum Dealers Association (AIPDA) to discover how the elimination of the 2000 note is making it tough for petrol pumps around the country; - M.C. Govardhana Rangan, Editor - The Economic Times on the economics of the policy and the intention of the central bank- Sugata Ghosh, Associate Editor - The Economic Times on the impact of the ecosystem and if it changes anything for India's cash economyCredits: Moneycontrol, NDTV, NDTV 2 and CNN-News18To read Sugata Ghosh's full article on Rs 2,000 currency notes: Folding or unfolding? click hereIf you like this episode from Anupriya, check out her other episodes on Survivor Island: The Startup Finale, Downsizing to Down Rounds, Nirav Modi: Extradition or Asylum - The Scam Explained, Call of Duty: The Inflation Warzone and more! You can follow our host Anupriya on her social media: Twitter and Linkedin   Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.