A year after Prime Minister Narendra Modi’s unprecedented move to invalidate 86 percent of the currency in circulation in India, BloombergQuint looks back at the journey since – for the Indian economy, its government and other institutions, and a billion citizens.
What were the specific decisions that were taken in the lead up to the announcement? What were the routes used to return 99 percent of the banned currency to banks? Is the Indian economy more formal now? What has changed in the past year, and was it worth the cost? These are the questions BloombergQuint attempts to answer in The Demonetisation Experiment: One Year On
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