The conversation between human and AI assistant.
What is your reaction about the ban on Rs. 500 and Rs. 1000 notes? Won't it create a chaos and harm the economy?
What about the impact on small businesses and the agriculture sector, which largely operates on cash transactions?
It is true that these segments may face some difficulties in the short term due to the sudden ban of high-denomination notes. However, the government has announced a few supportive measures like extending the deadline for repayment of loans, allowing farmers to withdraw more money, and accepting old notes for certain essential services like hospitals and petrol pumps. These measures are expected to mitigate the impact to a great extent.