Archive for February 23rd, 2022

Digital rupee: The history of Indian currency shows that monetary revolutions are messy processes

February 23, 2022

Shweta Banerjee (Doctoral Scholar at the Department of History, University of Toronto) in this Scroll article writes on the Indian government announcement of launching digital rupee.

Shweta is a historian of Indian money and uses the historical lens to reflect on this momentous change:.

She starts pointing out to similarities in FM Sitharaman’s speech wit that of Finance Member James Wilson’s words on starting paper currency in 1861:

(more…)


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