Facts and Figures of Demonetization in India - Views, Reactions and Impact: Impact of Demonetisation

Indian Prime Minister Narendra Modi has announced that the existing 500 and 1,000 rupee banknotes will be withdrawn from the financial system overnight. The surprise move is part of a crackdown on corruption and illegal cash holdings. The decision met with mixed initial reactions while some welcomed the move, hailed demonetisation as a