Withdrawal of Rs 2,000 note a non-event, will have no impact on economy: ex-finance secretary

Withdrawal of Rs 2,000 note a non-event, will have no impact on economy: ex-finance secretary

New Delhi: Withdrawal of Rs 2,000 currency notes is a ‘non-event’ and will have zero impact on the economy and monetary policy, former finance secretary Subhash Chandra Garg said on Saturday. The higher denomination currency note of Rs 2,000, he said, was pressed into service at the time of demonetisation in 2016 for ‘accidental reasons’ … Read more

Working with her was going to be difficult: Former finance secretary claims Nirmala Sitharaman didn’t want him in her ministry

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Former finance secretary Subhash Chandra Garg has blamed a messy stint with finance minister Nirmala Sitharaman for his abrupt exit in June last year. In a blog post, Garg claimed Sitharaman had insisted on his transfer from the north block, a month after she took over as the finance minister. “She has a very different … Read more