Embed presentation
Download to read offline







The document discusses India's demonetization policy in 2016 that removed the 500 and 1000 rupee notes from circulation to curb counterfeiting and corruption. It led to accounting of illegal money, lower interest rates, and increased investment in real estate and gold. While it aimed to reduce expenditures and account illegal funds, it also created difficulties exchanging currency and meeting digital demands due to lack of new notes, and some corruption continued digitally. The policy did not fully meet the government's expectations.





