Economy & Finance

Monetary policy

Coverage balance

How many entries exist for each party's governments and each decade. This shows where the record is thin, so a quiet period reads as a gap in coverage, not as inactivity.

By lead party of the government

4 of 6 parties have no entry here yet.

By decade

  • 1950s0
  • 1960s0
  • 1970s0
  • 1980s0
  • 1990s1
  • 2000s0
  • 2010s1
  • 2020s0

Dossiers

No dossier is published under this sub-category yet.

Actions in time order, by government

  1. Chandra Shekhar, 10 Nov 1990 to 21 Jun 1991

    SJP(R) SJP(R) government

    • ImplementedSJP(R)

      Gold sale and pledge to raise foreign exchange 1991

      In 1991 India sold gold with a repurchase option to UBS and pledged gold to the Bank of England and Bank of Japan to meet external payments, a step that coincided with the balance-of-payments crisis.

      Evidence points +6.0 (range +5.0 to +7.0)

  2. Narendra Modi, 26 May 2014 to 30 May 2019

    BJP NDA government

    • ImplementedBJP

      Demonetisation of Rs 500 and Rs 1,000 notes (2016)

      On 8 November 2016 the government withdrew Rs 500 and Rs 1,000 notes, about 86% of cash by value. The RBI reported about 99% returned; the Supreme Court upheld the decision 4:1 in January 2023.

      Evidence points −9.5 (range −10.0 to −9.0)