The conversation between human and AI assistant.
How exactly does banning Rs 500 and Rs 1000 notes curb the problem of black money?
What about the impact on the common man who relies on cash transactions for their daily needs?
The government has taken several measures to ease the impact on the common man during this transition period, such as increasing the availability of new notes and implementing exemptions for certain essential services. Furthermore, the creation of a cashless economy is being encouraged through the promotion of digital payments to increase transparency and reduce the incidence of black money transactions.