పెద్ద నోట్ల రద్దు: మూడేళ్ళ తరువాత ఏం తేలింది?
Cash is back in full circulation in the country, India is yet to become a cashless economy, black money circulation remains unchecked and counterfeiting of notes has not stopped yet. Rings a bell?
These were some of the key goals outlined by the Narendra Modi-led government with respect to note bandi, the desi term coined for demonetisation.
When Prime Minister Narendra Modi announced demonetisation on November 8, 2016, the exercise was aimed at primarily at cracking down on black money hoarders, eliminating fake currency, curbing terror funding and ultimately making the economy more transparent.
The goalpost was again adjusted by the government a few months later when it said demonetisation was the first step towards making India a "cashless economy".
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పెద్ద నోట్ల రద్దు: మూడేళ్ళ తరువాత ఏం తేలింది? Cash is back in full circulation in the country, India is yet to become a cashless economy, black money circulation remains unchecked and counterfeiting of notes has not stopped yet. Rings a bell? These were some of the key goals outlined by the Narendra Modi-led government with respect to note bandi, the desi term coined for demonetisation. When Prime Minister Narendra Modi announced demonetisation on November 8, 2016, the exercise was aimed at primarily at cracking down on black money hoarders, eliminating fake currency, curbing terror funding and ultimately making the economy more transparent. The goalpost was again adjusted by the government a few months later when it said demonetisation was the first step towards making India a "cashless economy".