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Demonetisation, 10 years after: Evidence still points to limited gains

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Business Standard - Latest
By Business Standard Editorial Comment
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Demonetisation, 10 years after: Evidence still points to limited gains
Photo / Coverage: Business Standard - LatestCredit: Business Standard Editorial Comment
EXECUTIVE SUMMARY

Demonetisation failed to deliver a lasting reduction in cash circulation or clear evidence of black money being unearthed, while causing widespread disruption to businesses and individuals.

Key Takeaways

  • Demonetisation, 10 years after: Evidence still points to limited gains.
  • Demonetisation failed to deliver a lasting reduction in cash circulation or clear evidence of black money being unearthed, while causing widespread disruption to businesses and individuals.
  • Demonetisation failed to deliver a lasting reduction in cash circulation or clear evidence of black money being unearthed, while causing widespread disruption to businesses and individuals.

Demonetisation failed to deliver a lasting reduction in cash circulation or clear evidence of black money being unearthed, while causing widespread disruption to businesses and individuals.

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