Indira gandhi nationalised banks claiming it good for nation[same for demonetisation now]

Image result for nationalisation of banks by indira gandhi
Indira Gandhi, however, offered that he could stay on as deputy prime minister, but Desai declined (it was later called a political masterstroke). The 14 bankscontrolled 70 percent of the country's deposits. In 1980, six more banks werenationalised.Aug 12, 2014

Economic Milestone: Nationalisation of Banks (1969) - Forbes India

www.forbesindia.com/article/independence-day-special/...nationalisation-of-banks.../1

Economic Milestone: Nationalisation of Banks (1969) - Forbes India

www.forbesindia.com › Special Report › Independence Day Special

Aug 12, 2014 - Indira Gandhi, however, offered that he could stay on as deputy prime minister, but Desai declined (it was later called a political masterstroke). The 14 banks controlled 70 percent of the country's deposits. In 1980, six more banks were nationalised.

[PDF]The politics of bank nationalization, 1969-76

www.mcrg.ac.in/5thCSC/5thCSC_Abstract/suhit.pdf

Indira Gandhi announced the nationalization of fourteen banks in 1969. Even ... Nationalization of banks as a political issue had been part of the agenda of the.

Banking in India - Wikipedia

https://en.wikipedia.org/wiki/Banking_in_India

Jump to Nationalisation in the 1960s - Indira Gandhi, the then Prime Minister of India, ... in a paper entitled "Stray thoughts on Bank Nationalization.

What were the objectives behind the nationalisation of banks in India ...

https://www.quora.com/What-were-the-objectives-behind-the-nationalisation-of-bank...

With these objectives, the then Prime Minister Indira Gandhi announced the Nationalization of 14 major private Banks in July 1969, by an Ordinance,which was later ratified as an Act by the Parliament.

Why were banks nationalized in India? - Quora

https://www.quora.com/Why-were-banks-nationalized-in-India

Banking has a long history of over 300 years in India. During this period, the banking sector has ...Nationalization of Bank by Indira Gandhi Indira Gandhi, then ...

Was nationalisation of banks by Mrs Indira Gandhi a right step? - Quora

https://www.quora.com/Was-nationalisation-of-banks-by-Mrs-Indira-Gandhi-a-right-step
What's there in the 'Nationalisation of Banks' in India by Indira to be acclaimed as a revolutionary step by the ... Why did Indira Gandhi nationalise the banks?
 Image result for Mallya

Loans To Vijay Mallya's Kingfisher A Write-Off 'Only In Books,' Says ...

www.ndtv.com › All India
Nov 16, 2016 - 1,200 crore in dues owed by Vijay Mallya's collapsed Kingfisher Airlines has been labelled a write-off in the books of India's largest bank, the State Bank of India. ... Confronting an opposition attack in parliament, Finance Minister Arun Jaitley asserted that the loans had not been ..

Vijay Mallya officially declared an “absconder” - The Hindu

www.thehindu.com/news/national/Vijay-Mallya-officially...an.../article16442084.ece
Dec 2, 2016 - After multiple warrants and being declared a proclaimed offender liquor baron Vijay Mallya has been declared an “absconder” by the ...

Maharashtra saw 3,228 farmer suicides in 2015 - The Hindu

www.thehindu.com › News › States › Other States

Jan 14, 2016 - Suicides by farmers touched a grim high in 2015. The year that had recorded 2,590suicides until October -- the higher ever since 2001 -- went ...
Farmers' suicides in India. In 2014, the National Crime Records Bureau of India reported 5,650 farmer suicides. The highest number of farmer suicides were recorded in 2004 when 18,241 farmers committed suicide. ... India is an agrarian country with around 60% of its people depending directly or indirectly upon agriculture.

Farmers' suicides in India - Wikipedia

https://en.wikipedia.org/wiki/Farmers'_suicides_in_IndiaImage result for Farmers' suicides in India

Image result for Farmers' suicides in India

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Demonetization in India: Short term pain for long term gain - Capital ...GOVT:SAYS

https://www.capitaleconomics.com/.../demonetization-in-india-short-term-pain-for-lon...
Dec 2, 2016 - Capital Economics has a team of over 60 internationally renowned and award-winning economists in the UK, Canada, the US, Australia and

All Pain, No Gain: India's Failed Demonetization Is Lesson to All

https://cointelegraph.com/.../all-pain-no-gain-indias-failed-demonetization-is-a-lesson-...
Dec 9, 2016 - All Pain, No Gain: India's Failed Demonetization Is Lesson to All ... of Rs.500 and Rs.1000 would no longer be legal tender starting midnight.

One Month In, What's The Impact Of India's Demonetization Fiasco?

www.forbes.com/.../one-month-in-whats-the-impact-of-indias-demonetization-fiasco/
Dec 12, 2016 - A month into India's demonetization initiative, long lines of people looking to .... It is also thought that Modi's demonetization drive will wipe out a measure of ... The short-term pain is that this has gone ahead of the demand.”.

All Pain, No Gain: India's Failed Demonetization Is Lesson to All

https://cointelegraph.com/.../all-pain-no-gain-indias-failed-demonetization-is-a-lesson-...
Dec 9, 2016 - All Pain, No Gain: India's Failed Demonetization Is Lesson to All ... of Rs.500 and Rs.1000 would no longer be legal tender starting midnight.

Demonetization in India: Short and long term impact on remittances ...

blogs.worldbank.org/.../demonetization-india-short-and-long-term-impact-remittances
3 days ago - In observance of the International Migrants Day, Dec 18.

India's Demonetization - Immediate Pain for Uncertain Gain - Lipper

lipperalpha.financial.thomsonreuters.com/.../news-in-charts-indias-demonetization-im...
Dec 2, 2016 - The unexpected decision to demonetize 86% of India's outstanding currency in a bid to combat corruption and tax evasion is without precedent.

The Trouble With India's Demonetization Gamble | The Diplomat

thediplomat.com/2016/11/the-trouble-with-indias-demonetization-gamble/
Nov 18, 2016 - While this is not the first time that India has attempted to demonetize in a ... However, opinion on this decision is very far from a consensus in both the ... impacted even in the short term, but in both the long and short term,

How long will it take for the economy to become normal again since ...

https://www.quora.com/How-long-will-it-take-for-the-economy-to-become-normal-agai...
Like any argument or a discussion, there are two sides to each, one gaining support and one of ... On one hand few people say that, this is a “short term pain for long term gain”, ... The idea of demonetization is good but it has to be taken into consideration that ..... Having said that, I also have another contrarian point of view.

India's Demonetization - Immediate Pain for Uncertain Gain - Lipper

lipperalpha.financial.thomsonreuters.com/.../news-in-charts-indias-demonetization-im...
Dec 2, 2016 - The unexpected decision to demonetize 86% of India's outstanding ... News in Charts: India's Demonetization – Immediate Pain for Uncertain Gain ... almost certain to slow in the short term as spending is displaced, perhaps knocking ... laws, and the introduction of a long-awaited Goods & Services Tax, his ...

View: India's poor endure more cash pain as Modi risks voter backlash ...

economictimes.indiatimes.com › News › Politics and Nation
Nov 28, 2016 - View: India's poor endure more cash pain as Modi risks voter backlash ... of its major support bases sees no benefit from the demonetization process. ... “Most people think they are poor because rich people looted their money.

7) After recent demonetization step, it is found that the rich have found ...

www.insightsonindia.com/.../7-recent-demonetization-step-found-rich-found-ways-la...
Nov 17, 2016 - What shortcuts are used by the rich to launder their money? ... rupees notes and thus inflicting more pains at the point of these servants who now .... 3) Urban poor do not have the knowledge of e transactions are struggling to ...

Demonetisation: Discomfort for the rich, misery for the poor - Newsd

https://newsd.in/demonetization-discomfort-rich-misery-poor/
Nov 12, 2016 - Demonetisation: Discomfort for the rich, misery for the poor ... have money for groceries or the domestic maid who has no milk to feed her child ... of raving and ranting against demonetization, move your derrière and help your ...

Demonetization: A way to loot people's resources | Matters India

mattersindia.com/2016/12/demonetization-a-way-to-loot-peoples-resources/
Dec 10, 2016 - It has not affected the rich and the powerful at all because 1 percent of ... The poor have been at pains all through and political parties have

Why the corrupt rich will welcome Modi's 'surgical strike on corruption ...

https://www.theguardian.com › Opinion › India
Nov 15, 2016 - Your money's no good: rupee note cancellation plunges India into panic ... it is the poor and the middle classes, hugely reliant on currency for ... Farmers cannot afford to 'bear the pain for 50 days', as Modi asked in his ...... My initial reaction to the demonetization of Rs 500 and Rs 1000 notes was euphoric.



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WHAT HISTORY WILL SAY AFTER 50 YEARS?[2070]


INDIA'S PROGRESS SLOWED DOWN FOR 2 YEARS

2016 TO 2018


demonetization history most probably end with-

a few super rich crony industrialists getting money-


from government at low interest rates  in the name of-

infrastructure and INTERNET.

may end up like mallya story after few years 

history repeats many times 

politicians never learn -