Demonetisation: One year into demonetisation: Here is a report card of what worked, what didn’t – The Economic Times–08.11.2017

On this day last year, Prime Minister Narendra Modi stunned the nation by cancelling over 86 per cent of the currency notes in circulation. The economy took a short-term hit but demonetisation also unleashed trends that could potentially yield long-term gains.

The Targets:
1. Eradicate black money, reduce corruption
2. Wipe out counterfeits
3. Root out terror financing
4. Reduce cash in circulation, spur digital payments

scorecard

 

terr

 

cost

 

pote

via demonetisation: One year into demonetisation: Here is a report card of what worked, what didn’t – The Economic Times

Leave a Reply