The conversation between human and AI assistant.
Why the Modi government ban the 500 and 1000 notes?
Has the ban been effective in reducing corruption and black money?
The debate on this topic is ongoing, as it is difficult to measure the success of the policy. However, the government has claimed that the move has led to a significant increase in tax compliance and an increase in digital transactions, which could indicate a shift away from the use of cash in the long run.