The conversation between human and AI assistant.
How will scrapping the INR 500 and INR 1000 currency notes affect the daily lives of Indians?
What kind of impact do you think this will have on the overall economy?
The impact of this move on the overall economy will depend on how smoothly the transition process goes. If it goes smoothly, it could help to curb black money and bring economic growth. However, if the transition process is chaotic or causes significant disruptions, it could lead to a slowdown in the short term.