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The CEO Magazine
A monthly magazine for business leaders and decision makers
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IMPACT OF DEMONETISATION AFTER 3 YEARS

IMPACT OF DEMONETISATION AFTER 3 YEARS Three years ago, on this day, demonetization was announced declaring 86 percent of the currency in circulation invalid. Prime Minister Narendra Modi made the shocking announcement of banning the use of old 500 and 1,000 rupee notes with a view to curb black money, promote digital payments and makes the country a less-cash economy. While bringing demonetization, Modi had said that demonetization is vital to break the back of terrorism and corruption as it will eliminate the black money…
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