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4 Years Of Demonetisation: Was Demonetisation Successful

Nov 8, 2020, 6:09 PM IST
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Four years ago on this day Demonetisation was announced. PM Narendra Modi appeared on national television and said all Rs 500 and Rs 1,000 notes will turn invalid by midnight. The announcement led to 86% of the currency in circulation becoming invalid. But was demonetisation successful?