The conversation between human and AI assistant.
What as your reaction when your heard about the scraping currency notes of INR 500 and 1000?
Was there any particular group of people who were hit the hardest by demonetization?
Yes, demonetization had a major impact on the informal sector and daily wage workers who mostly deal in cash transactions. It also affected farmers and small business owners who relied on cash to conduct their businesses. However, the long-term outcomes of demonetization are still unclear and the overall impact on the economy is still being debated.