The conversation between human and AI assistant.
How is demonetization affecting people of India?
Have there been any long-term effects of demonetization in India?
It's too early to tell, but some experts predict that the long-term effects of demonetization will be positive for the country's economy. For example, the increased use of digital transactions and the reduction in cash transactions could lead to greater transparency and more efficient tax collection. However, it remains to be seen whether these benefits will outweigh the short-term disruptions and hardships that many people faced as a result of demonetization.