The conversation between human and AI assistant.
What do you think about Modi government banning 500 & 1000 currency note from 9th November?
How has demonetization affected the Indian economy?
There were both positive and negative impacts of demonetization on the Indian economy. On the positive side, it has led to a significant increase in digital transactions, improved tax collections, declined the flow of black money, and reduced corruption. On the negative side, it has also caused a temporary slowdown in the economy, especially for small businesses and the informal sector.