Diabytes
Demonetisation benefits News
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Tomorrow will complete 6 years since the decision of demonetisation came into force on 8th November 2016. When demonetisation was implemented, this decision was repeatedly questioned, it was made a narrative that it would ruin the country's economy, we would go back many decades but nothing like this happened. Demonetisation has given a new direction to the country's economy and to understand this one must watch this DNA report.
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The plan to demonetise rupee 500 and rupee 1000 bank notes was kept highly confidential.
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Among the main objectives of demonetisation was the flushing out of black money and also conversion of the non-formal economy into a formal economy to expand the tax base.
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