One year into demonetisation: Here is a report card of what worked, what didn't
By ET Bureau | Updated:
BCCL
The economy took a short-term hit but demonetisation also unleashed trends that could potentially yield long-term gains.
On this day last year, Prime Minister Narendra Modi stunned the nation by cancelling over 86 per cent of the currency notes in circulation. The economy took a short-term hit but demonetisation also unleashed trends that could potentially yield long-term gains.
The Targets: 1. Eradicate black money, reduce corruption 2. Wipe out counterfeits 3. Root out terror financing
4. Reduce cash in circulation, spur digital payments
