This presentation summarizes the key aspects of India's 2016 demonetization initiative. It begins with an introduction defining demonetization and noting that most transactions in India's economy were previously conducted with cash. The objectives of demonetization included combating inflation, corruption, and discouraging a cash system. Specific groups affected included farmers, daily wage workers, corrupt officials, small vendors, and foreign travelers. While demonetization caused short-term pains like long bank lines, its gains may include reduced fake currency, organized crime, and poverty over the long run. The presentation concludes by encouraging digital payments and not participating in corruption to support the initiative's goals.