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Podcast: The Morning Brief
Episode: Rs 2000 Note Recall: Clean Note Policy or Dirty Politics?
Description: 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...