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Demonetisation – Impacts and Fallouts

Three months have passed since the Government of India took the decision to demonetise Rs.500 and Rs.1000 currency notes. This historical decision of ‘Demonetisation’ instantly removed approximately 86% of the cash circulating in the economy. To replace the outgoing currency notes, the RBI released new Rs.500 and Rs.2000 currency notes. The government took this decision [...]

By | 2017-02-24T02:50:00+00:00 February 24th, 2017|Economy, Policy|Comments Off on Demonetisation – Impacts and Fallouts