demonetisation by Narendra Modi

5 years since demonetisation, cash rules India more than ever

5 years since demonetisation, cash rules India more than ever

November 5, 2021

At around 8 pm in the evening of November 8, 2016, when Prime Minister Narendra Modi announced immediate abolishing of high-value currency notes, referred to as demonetisation in India, he outlined several goals that he had set for himself and his government as part of this drama...

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